Fed’s Powell, in Trump’s crosshairs, gets backing from Congress
Federal Reserve Chairman Jerome Powell came to Capitol Hill on Wednesday with two goals: cementing the case for an interest rate cut at the end...
Poorly-controlled asthma commonly affects pregnancy in U.S
(Reuters Health) – Asthma is often not well controlled during pregnancy, especially among publicly-insured women, according to a U.S. study....
American Airlines raises unit revenue forecast, shares rise
American Airlines Group Inc on Wednesday raised its estimate for second-quarter unit revenue as the grounding of Boeing Co’s MAX jets left the No. 1...
Fed seen lowering U.S. rates by 25 bps late July: BAML
The Federal Reserve will likely reduce key U.S. borrowing costs by a quarter point at its upcoming July 30-31 policy meeting with the chance of...
James Dyson buys Singapore’s priciest apartment
British billionaire and inventor of the bagless vacuum cleaner, James Dyson, has bought the most expensive apartment in Singapore, where his company plans to relocate...
Branson’s Virgin Orbit completes key rocket test
Richard Branson’s Virgin Orbit on Wednesday released a rocket from the wing of a modified Boeing 747 jetliner in mid-air in a key test of...
Facebook’s cryptocurrency raises ‘serious concerns’- Powell
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook’s plan to build a digital currency called Libra “cannot go forward” until serious concerns...
Instant view: Powell – Fed stands ready to act “as appropriate” to sustain expansion
Concerns about trade policy and a weak global economy “continue to weigh on the U.S. economic outlook” and the Federal Reserve stands ready to “act...
Fed’s Powell bolsters rate cut view on trade, global growth concerns
Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to...
Hamilton can fuel the Silverstone celebrations
Lewis Hamilton can keep the good news coming at Silverstone this weekend by winning his home British Grand Prix for a record sixth time in...