Tech leads Wall Street higher as financials fall
The benchmark S&P 500 rose modestly on Wednesday, with gains in technology shares offsetting declines in financials and defensive groups as data showing U.S. private...
Gold price boosts Barrick profit as miner eyes copper deals
Barrick Gold Corp reported a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up mines including...
U.S. tells WTO ‘no valid basis’ for EU tariffs in Boeing-Airbus subsidy fight
The United States told the World Trade Organization on Wednesday it has fully complied with WTO findings that Washington state’s now-repealed tax breaks for Boeing...
U.S. private payrolls dive by a record 20.2 million
U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the...
Fed’s lending programs aren’t for insolvent oil drillers, Dallas Fed’s Kaplan says
Insolvent or overly leveraged firms, including oil drillers and oil services firms, won’t be able to tap the Federal Reserve’s emergency lending program for “Main...
World shares mixed amid hopes for business pickup, weak data; oil slides
World equity markets were mixed on Wednesday, with U.S. indexes seesawing amid hopes for a pickup in business activity and as oil prices slumped with...
Wall Street gains on optimism over easing lockdowns
Wall Street’s main indexes rose on Wednesday on hopes of a pickup in business activity as states eased coronavirus-induced curbs, with investors also looking past...
U.S. private payrolls tumble by a record 20.2 million in April
U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the...
United Airlines to raise $2.25 billion in bonds, rolls back plan to cut work hours
United Airlines Holdings Inc said on Wednesday it plans to raise $2.25 billion through a bond offering amid a coronavirus-linked slump in air travel demand,...
Barrick profit jumps on higher gold prices, eyes deals
Barrick Gold Corp posted a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up mines including...