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Ignore impeachment; policies, not politics matter: wealth manager
There's not much uncertainty about the impeachment vote, says Summit Place Financial Advisors' Liz Miller. So investors, she says, should focus on policies instead.
There's not much uncertainty about the impeachment vote, says Summit Place Financial Advisors' Liz Miller. So investors, she says, should focus on policies instead.
South African sisters cut a niche in the diamond industry
A love for diamonds and entrepreneurship drove two South African sisters to drop their careers as an investment banker and an optometrist. They now run one of the few women-owned diamond polishing businesses in the world.
A love for diamonds and entrepreneurship drove two South African sisters to drop their careers as an investment banker and an optometrist. They now run one of the few women-owned diamond polishing businesses in the world.
Could Africa's CFA franc currency soon disappear?
The future of the French-backed CFA franc currency is coming under increasing scrutiny ahead of a visit by French President Emmanuel Macron to Abidjan.
The future of the French-backed CFA franc currency is coming under increasing scrutiny ahead of a visit by French President Emmanuel Macron to Abidjan.
German court bans Uber ride-hailing in Germany
A German court on Thursday banned Uber ride-hailing services in Germany, arguing the U.S. company lacks a necessary licence to offer passenger transport services using rental cars.
A German court on Thursday banned Uber ride-hailing services in Germany, arguing the U.S. company lacks a necessary licence to offer passenger transport services using rental cars.
Stocks on Wall Street end little changed
The S&P 500 ended a five-day winning streak on Wednesday as investors' optimism about global economic growth was countered by a steep drop in FedEx Corp shares, but the benchmark index managed to hover near all-time highs.
The S&P 500 ended a five-day winning streak on Wednesday as investors' optimism about global economic growth was countered by a steep drop in FedEx Corp shares, but the benchmark index managed to hover near all-time highs.
Retailers set to ring up record sales on Super Saturday
U.S. retailers are expected to ring up record sales on Super Saturday this year, as fewer days than usual between Thanksgiving and Christmas have squeezed shoppers to finish their purchases.
U.S. retailers are expected to ring up record sales on Super Saturday this year, as fewer days than usual between Thanksgiving and Christmas have squeezed shoppers to finish their purchases.
Argentina: new government - new taxes?
Argentina’s new government is seeking higher taxes on agricultural exports and foreign assets held abroad, as it gets set to restructure about $100 billion in debt obligations.
Argentina’s new government is seeking higher taxes on agricultural exports and foreign assets held abroad, as it gets set to restructure about $100 billion in debt obligations.
Vape makers face UK ad ban, U.S. crackdown
Makers of e-cigarettes face a UK ban on advertising on Instagram, and a U.S. deadline for proving that their products provide a health benefit.
Makers of e-cigarettes face a UK ban on advertising on Instagram, and a U.S. deadline for proving that their products provide a health benefit.
Xmas cheer for Germany as business morale rises
German business morale rose more than expected in December to hit a six-month high in the latest IFO survey, suggesting Europe's largest economy picked up steam.
German business morale rose more than expected in December to hit a six-month high in the latest IFO survey, suggesting Europe's largest economy picked up steam.
Fiat Chrysler, Peugeot seal $50 bln merger deal
Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over a roughly $50 billion merger that will reshape the global car industry.
Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over a roughly $50 billion merger that will reshape the global car industry.
Economic bright spots send Wall St. to new records; FedEx disappoints
Stocks crept higher to set new record closing highs but shares of FedEx fell after the delivery company posted disappointing quarterly results across the board. Conway G. Gittens has the market action.
Stocks crept higher to set new record closing highs but shares of FedEx fell after the delivery company posted disappointing quarterly results across the board. Conway G. Gittens has the market action.
Markets are too euphoric: money manager
The markets’ low volatility signals investors have become too complacent, says Vespula Capital CEO Jeff Tomasulo. He says investors should consider taking some profits and reallocating those proceeds.
The markets’ low volatility signals investors have become too complacent, says Vespula Capital CEO Jeff Tomasulo. He says investors should consider taking some profits and reallocating those proceeds.
House approves $1.4 trillion spending deal to avert shutdown
The U.S. House of Representatives on Tuesday approved a $1.4 trillion spending package to avert a partial government shutdown that also would raise the U.S. tobacco purchasing age to 21 and permanently repeal several of the Affordable Care Act's (ACA
The U.S. House of Representatives on Tuesday approved a $1.4 trillion spending package to avert a partial government shutdown that also would raise the U.S. tobacco purchasing age to 21 and permanently repeal several of the Affordable Care Act's (ACA
Sacklers withdrew over $10 bnl from Purdue
The Sackler family, owners of Purdue Pharma, transferred more than $10 billion in a decade from the OxyContin maker, according to the New York Times.
The Sackler family, owners of Purdue Pharma, transferred more than $10 billion in a decade from the OxyContin maker, according to the New York Times.
Daimler seeks control of China JV - sources
Daimler seeking to buy a majority stake in its Chinese operations, people familiar with the matter told Reuters, as Chinese investors tighten their grip on the German carmaker.
Daimler seeking to buy a majority stake in its Chinese operations, people familiar with the matter told Reuters, as Chinese investors tighten their grip on the German carmaker.
Fallout from Boeing production halt
system.scripts.bizrepsystem.scripts.Shares of Boeing and its main suppliers fell Tuesday after the planemaker said it would halt 737 MAX production. And as Fred Katayama reports, Southwest Airlines said it'll push back cancellations of MAX flights to
system.scripts.bizrepsystem.scripts.Shares of Boeing and its main suppliers fell Tuesday after the planemaker said it would halt 737 MAX production. And as Fred Katayama reports, Southwest Airlines said it'll push back cancellations of MAX flights to
Heavy metal: 830 tons of surf-riding clean power
It's over a hundred-foot long, 830 tons, and yellow. The Irish-American creators of of the "OE35" call it a buoy, but this piece of mega infrastructure may represent a big leap forward for harnessing clean power from the ocean.
It's over a hundred-foot long, 830 tons, and yellow. The Irish-American creators of of the "OE35" call it a buoy, but this piece of mega infrastructure may represent a big leap forward for harnessing clean power from the ocean.
UK uses Brexit cliff-edge to demand EU trade deal
Sterling tanked after it emerged that British Prime Minister Boris Johnson will outlaw extending a Brexit transition period beyond the end of 2020, rekindling fears of a hard exit from the EU.
Sterling tanked after it emerged that British Prime Minister Boris Johnson will outlaw extending a Brexit transition period beyond the end of 2020, rekindling fears of a hard exit from the EU.
$5 bln flows out of Hong Kong amid unrest - Bank of England
As much as $5 billion may have flowed out of Hong Kong during the city's long period of unrest, according to analysis by the Bank of England.
As much as $5 billion may have flowed out of Hong Kong during the city's long period of unrest, according to analysis by the Bank of England.
Boeing halts production of 737 MAX
Boeing will halt production of the 737 MAX in January, without any layoffs, as the grounding of the planemaker's best-selling jet after two deadly crashes looks to extend well into 2020. Conway G. Gittens has the update.
Boeing will halt production of the 737 MAX in January, without any layoffs, as the grounding of the planemaker's best-selling jet after two deadly crashes looks to extend well into 2020. Conway G. Gittens has the update.
Wall Street hits records on cooling trade tensions
Wall Street set record closing highs for all three major indices on Monday as cooling trade tensions between the U.S. and China inspired confidence in the global economy. Conway G.
Wall Street set record closing highs for all three major indices on Monday as cooling trade tensions between the U.S. and China inspired confidence in the global economy. Conway G.
U.S. exports to China to double under 'phase one' deal -Kudlow
The so-called "phase one" trade deal between Washington and Beijing has been "absolutely completed," White House economic advisor Larry Kudlow said on Monday, adding that U.S. exports to China will double under the agreement. Conway G.
The so-called "phase one" trade deal between Washington and Beijing has been "absolutely completed," White House economic advisor Larry Kudlow said on Monday, adding that U.S. exports to China will double under the agreement. Conway G.
Hallmark reverses position on same-sex couple ads after public outcry
The chief executive officer of Hallmark Cards apologized on Sunday night and said the company would reverse an earlier decision to pull television advertisements featuring same-sex couples from the wedding registry and planning website Zola.
The chief executive officer of Hallmark Cards apologized on Sunday night and said the company would reverse an earlier decision to pull television advertisements featuring same-sex couples from the wedding registry and planning website Zola.
Box office dollars: Cineworld snaps up Cineplex
Cineworld will buy Canada's Cineplex for $1.65 billion in cash, making the British firm the biggest cinema operator in North America as it looks to tackle increasing competition from online streaming services.
Cineworld will buy Canada's Cineplex for $1.65 billion in cash, making the British firm the biggest cinema operator in North America as it looks to tackle increasing competition from online streaming services.
IFF to merge with DuPont nutrition unit
International Flavors & Fragrances will merge with DuPont's nutrition and biosciences business. As Fred Katayama reports, the deal will create a consumer giant sporting a $45 billion valuation.
International Flavors & Fragrances will merge with DuPont's nutrition and biosciences business. As Fred Katayama reports, the deal will create a consumer giant sporting a $45 billion valuation.
BAIC in race for top Daimler stake - sources
Chinese carmaker BAIC has set in motion a plan to double its stake and win a board seat in the German luxury car maker Daimler, according to sources.
Chinese carmaker BAIC has set in motion a plan to double its stake and win a board seat in the German luxury car maker Daimler, according to sources.
H&M's recovery rolls on as sales jump
H&M shows signs of recovering from years of sliding profits, with the world's second-largest clothing retailer saying sales jumped in the fourth quarter.
H&M shows signs of recovering from years of sliding profits, with the world's second-largest clothing retailer saying sales jumped in the fourth quarter.
Boeing weighs halting 737 MAX output
Boeing is considering whether to cut or halt production of its troubled 737 MAX jet, a source said. This comes after regulators said it wouldn't approve the plane's return to service before 2020.
Boeing is considering whether to cut or halt production of its troubled 737 MAX jet, a source said. This comes after regulators said it wouldn't approve the plane's return to service before 2020.
PMI: euro zone growth stays weak, UK suffers
Euro zone business growth remained weak in December, according to the first readings of the key Purchasing Managers' Index survey. And British business, it suggested, was in its worst downturn in over three years.
Euro zone business growth remained weak in December, according to the first readings of the key Purchasing Managers' Index survey. And British business, it suggested, was in its worst downturn in over three years.
China trade deal 'totally done': U.S. trade rep
"Phase one" of the U.S.-China trade deal will nearly double U.S. exports to China over the next two years and is "totally done" despite the need for translation and revisions to its text, U.S. Trade Representative Robert Lighthizer said on Sunday.
"Phase one" of the U.S.-China trade deal will nearly double U.S. exports to China over the next two years and is "totally done" despite the need for translation and revisions to its text, U.S. Trade Representative Robert Lighthizer said on Sunday.
Wall Street ends near flat after U.S., China deal
The S&P 500 and the Dow industrials ended little changed on Friday, hitting record highs in the session, as the United States and China announced an initial trade agreement, cooling tensions that have rattled markets.
The S&P 500 and the Dow industrials ended little changed on Friday, hitting record highs in the session, as the United States and China announced an initial trade agreement, cooling tensions that have rattled markets.
Week ahead: Nike, FedEx results and inflation data
Nike and FedEx, two companies with big exposure to the global economy, are set to report quarterly results in the upcoming week. Conway G. Gittens has a look at the week's major events.
Nike and FedEx, two companies with big exposure to the global economy, are set to report quarterly results in the upcoming week. Conway G. Gittens has a look at the week's major events.
'Phase one' U.S.-China trade deal is necessary first step -economist
Getting the "phase one" trade truce between U.S. and China is a good thing even if the details around the deal are murky, Fact and Opinion Chief Economist Robert Brusca told Reuters reporter Conway G.
Getting the "phase one" trade truce between U.S. and China is a good thing even if the details around the deal are murky, Fact and Opinion Chief Economist Robert Brusca told Reuters reporter Conway G.
U.S. and China reach 'phase one' trade deal
The United States and China cooled their trade war on Friday, announcing a "Phase one" agreement that reduces some U.S. tariffs in exchange for increased Chinese purchases of American farm goods.
The United States and China cooled their trade war on Friday, announcing a "Phase one" agreement that reduces some U.S. tariffs in exchange for increased Chinese purchases of American farm goods.
Johnson urges healing for Brexit-bound Britain
UK Prime Minister Boris Johnson called for unity on Friday (December 13) after he won a resounding victory that sets Britain on a fast-track course out of the European Union.
UK Prime Minister Boris Johnson called for unity on Friday (December 13) after he won a resounding victory that sets Britain on a fast-track course out of the European Union.
Trump says U.S.-China trade deal 'very close' as tariffs loom
Officials in China and the United States are in close communication days before tit-for-tat tariffs are due to go into effect, fueling optimism that sent Wall Street to a record high. Conway G.
Officials in China and the United States are in close communication days before tit-for-tat tariffs are due to go into effect, fueling optimism that sent Wall Street to a record high. Conway G.
Day of firsts as ECB's Lagarde pledges new style
Christine Lagarde struck a more upbeat tone on the economy in her first news conference as head of the European Central Bank on Thursday and promised a new style of leadership.
Christine Lagarde struck a more upbeat tone on the economy in her first news conference as head of the European Central Bank on Thursday and promised a new style of leadership.
Regulators could sink AB InBev's $11 bln asset sale to Asahi
Australia's competition regulator has raised concerns over an $11 billion deal by Anheuser-Busch InBev to sell its local operations to Japan's Asahi.
Australia's competition regulator has raised concerns over an $11 billion deal by Anheuser-Busch InBev to sell its local operations to Japan's Asahi.
Federal Reserve signals rates on hold for some time
The Federal Reserve held interest rates steady on Wednesday and signaled borrowing costs are likely to remain unchanged indefinitely. Conway G.
The Federal Reserve held interest rates steady on Wednesday and signaled borrowing costs are likely to remain unchanged indefinitely. Conway G.
U.S. stocks rise after Fed decision
Wall Street's main stock indexes ended modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely to remain unchanged indefinitely.
Wall Street's main stock indexes ended modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely to remain unchanged indefinitely.
Fed chief Powell gets A- grade for 2019 -investor
Federal Reserve Chairman Jerome Powell held rates steady on Wednesday, after cutting rates three times this year, leading Ross Gerber of investment firm Gerber Kawasaki to switch his grade for Powell as chairman to 'A-' from 'F'.
Federal Reserve Chairman Jerome Powell held rates steady on Wednesday, after cutting rates three times this year, leading Ross Gerber of investment firm Gerber Kawasaki to switch his grade for Powell as chairman to 'A-' from 'F'.
Saudi Aramco value touches $2 trillion, defying skeptics
Saudi Aramco shares opened sharply higher on their second day of trade, defying skeptics who say they're overvalued, and, for a while at least, taking the firm's value to the $2 trillion mark.
Saudi Aramco shares opened sharply higher on their second day of trade, defying skeptics who say they're overvalued, and, for a while at least, taking the firm's value to the $2 trillion mark.
UK PM Johnson heads for victory but poll race tightens
British Prime Minister Boris Johnson looks on course to win Thursday's election, but a leading poll shows the race has tightened.
British Prime Minister Boris Johnson looks on course to win Thursday's election, but a leading poll shows the race has tightened.
EU hails Green Deal as 'man on the moon moment'
The European Union's new Green Deal policy package commits the EU to achieving carbon neutrality by 2050, along with tens of billions of euros to help member states do it.
The European Union's new Green Deal policy package commits the EU to achieving carbon neutrality by 2050, along with tens of billions of euros to help member states do it.
France's prime minister defies unions with pension overhaul
Prime Minister Edouard Philippe defied striking workers on Wednesday with plans for a long-anticipated overhaul of France's pension system that he said would be fairer and encourage people to work longer.
Prime Minister Edouard Philippe defied striking workers on Wednesday with plans for a long-anticipated overhaul of France's pension system that he said would be fairer and encourage people to work longer.
Why Amazon's Deliveroo order could go astray
Amazon's tie-up with Deliveroo could be at risk after UK regulators said its investment raised serious concerns about competition.
Amazon's tie-up with Deliveroo could be at risk after UK regulators said its investment raised serious concerns about competition.
World's largest IPO: Saudi Aramco makes debut
Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, closing in on a $2 trillion valuation that would make it the world's most valuable listed company.
Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, closing in on a $2 trillion valuation that would make it the world's most valuable listed company.
GM doubles down on SUVs to fund electric future
General Motors unveiled the first of a new generation of large sport utility vehicles designed to haul in the cash to pay for electric vehicles the automaker promises for the future.
General Motors unveiled the first of a new generation of large sport utility vehicles designed to haul in the cash to pay for electric vehicles the automaker promises for the future.
Wall Street slips as tariff anxiety mounts
Wall Street's main stock indexes ended slightly lower on Tuesday (December 10) as investors awaited concrete news on whether U.S. tariffs on Chinese imports would take effect on Dec. 15.
Wall Street's main stock indexes ended slightly lower on Tuesday (December 10) as investors awaited concrete news on whether U.S. tariffs on Chinese imports would take effect on Dec. 15.
Democrats agree to support new USMCA trade deal
Leaders from Canada, Mexico and the United States sign a new trade deal after democrats agree to support a revised version of the USMCA.
Leaders from Canada, Mexico and the United States sign a new trade deal after democrats agree to support a revised version of the USMCA.
Don't overlook Gen X brands this holiday -strategist
Apple, Nintendo, Lululemon, Nordstrom and brands favored by Generation X, the age group in its peak earnings and spending cycle, are among the top of the holiday season watch list for portfolio manager Eric Clark of Rational Dynamic Brands Fund. Conw
Apple, Nintendo, Lululemon, Nordstrom and brands favored by Generation X, the age group in its peak earnings and spending cycle, are among the top of the holiday season watch list for portfolio manager Eric Clark of Rational Dynamic Brands Fund. Conw
U.S. businesses paralyzed by trade uncertainty
From a denim plant in rural Georgia to a San Diego headphone maker, nagging uncertainty over when President Donald Trump's trade wars might end, if ever, is confounding many U.S. manufacturers.
From a denim plant in rural Georgia to a San Diego headphone maker, nagging uncertainty over when President Donald Trump's trade wars might end, if ever, is confounding many U.S. manufacturers.
Kenyan coffee farmers grapple with low prices, climate change
Beans from small Kenyan farms end up in speciality coffees from Berlin to San Francisco. But low prices, rising temperatures, and erratic rainfall are pushing farmers to the brink of collapse.
Beans from small Kenyan farms end up in speciality coffees from Berlin to San Francisco. But low prices, rising temperatures, and erratic rainfall are pushing farmers to the brink of collapse.
Netflix could lose 4 million U.S. subscribers in 2020 -analyst
Shares of Netflix were downgraded by a Wall Street firm that predicted the streaming video leader could lose 4 million U.S. subscribers next year as competition heats up. Conway G.
Shares of Netflix were downgraded by a Wall Street firm that predicted the streaming video leader could lose 4 million U.S. subscribers next year as competition heats up. Conway G.
Malaysia's Mahathir: We hope to settle with Goldman soon
In an exclusive interview with Reuters, Malaysian Prime Minister Mahathir Mohamad says he's hopeful of reaching an out-of-court settlement with Goldman Sachs over the 1MDB scandal soon.
In an exclusive interview with Reuters, Malaysian Prime Minister Mahathir Mohamad says he's hopeful of reaching an out-of-court settlement with Goldman Sachs over the 1MDB scandal soon.
French workers take pension fight back to the street
Strikes against pension reforms shut schools and caused transport chaos around France on Tuesday, though numbers seemed to have dropped off from last week.
Strikes against pension reforms shut schools and caused transport chaos around France on Tuesday, though numbers seemed to have dropped off from last week.
UK economy flat-lines as election nears
Britain's economy grew at its slowest annual pace in nearly seven years in October, offering a weak backdrop to Thursday's national election.
Britain's economy grew at its slowest annual pace in nearly seven years in October, offering a weak backdrop to Thursday's national election.
Wall Street falls as health shares drag
U.S. stocks pulled back Monday from near-record levels, as Apple and healthcare shares fell and investors braced for a busy week of political and economic news.
U.S. stocks pulled back Monday from near-record levels, as Apple and healthcare shares fell and investors braced for a busy week of political and economic news.
Potential takeover target in healthcare: analyst
Amid a flurry of deals in the healthcare sector Monday, Catalyst Funds’ David Miller says Amarin is a possible acquisition target. He tells Reuters’ Fred Katayama many insiders are buying shares of that biopharmaceutical maker.
Amid a flurry of deals in the healthcare sector Monday, Catalyst Funds’ David Miller says Amarin is a possible acquisition target. He tells Reuters’ Fred Katayama many insiders are buying shares of that biopharmaceutical maker.
Amazon blames Trump for loss of Pentagon contract
Amazon on Monday accused U.S. President Donald Trump of exerting "improper pressure" and bias that led the Department of Defense to award a lucrative $10 billion cloud contract to rival Microsoft.
Amazon on Monday accused U.S. President Donald Trump of exerting "improper pressure" and bias that led the Department of Defense to award a lucrative $10 billion cloud contract to rival Microsoft.
Former Fed Chief Paul Volcker, inflation tamer, dies
Former Federal Reserve Chairman Paul Volcker, famed for turning the position of Fed chief into a rock star and for taming crippling inflation in the 1980s, died on Monday. Conway G. Gittens has a look back at his career.
Former Federal Reserve Chairman Paul Volcker, famed for turning the position of Fed chief into a rock star and for taming crippling inflation in the 1980s, died on Monday. Conway G. Gittens has a look back at his career.
M&A Monday in healthcare: Merck, Sanofi, UnitedHealth
Merck buys ArQule for $2.7 billion; Synthorex sells itself to Sanofi for $2.5 billion, and UnitedHealth buys Diplomat Pharmacy.
Merck buys ArQule for $2.7 billion; Synthorex sells itself to Sanofi for $2.5 billion, and UnitedHealth buys Diplomat Pharmacy.
T-Mobile, Sprint head to court to defend deal
U.S. state attorneys general, led by New York and California, deliver opening arguments Monday in a bid to stop T-Mobile from buying Sprint.
U.S. state attorneys general, led by New York and California, deliver opening arguments Monday in a bid to stop T-Mobile from buying Sprint.
Just Eat takeover battle hots up
Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway.com.
Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway.com.
In Ghana, oil makes one fortune, breaks another
Shares in Tullow Oil sank almost 70% Monday after it said its output in Ghana was falling short of hopes. But for one local Ghanaian firm, there's cause for celebration.
Shares in Tullow Oil sank almost 70% Monday after it said its output in Ghana was falling short of hopes. But for one local Ghanaian firm, there's cause for celebration.
Surprise export surge gives Germany a boost
Germany's exports rose unexpectedly in October, with demand from beyond Europe offering a boost to the continent's largest economy. China's export numbers also surprised - but with an unexpected downturn.
Germany's exports rose unexpectedly in October, with demand from beyond Europe offering a boost to the continent's largest economy. China's export numbers also surprised - but with an unexpected downturn.
Good news story goes beyond strong jobs -analyst
November's solid job growth is just part of a good news story facing investors into the end of the year but Victoria Fernandez, the chief market strategist at Crossmark Global Investments, thinks there will be more market volatility. Conway G. Gitte
November's solid job growth is just part of a good news story facing investors into the end of the year but Victoria Fernandez, the chief market strategist at Crossmark Global Investments, thinks there will be more market volatility. Conway G. Gitte
Wall Street climbs on solid jobs data
Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite.
Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite.
Week ahead: The Fed, the UK votes, and tariff watching
Despite a surprisingly strong November payrolls report, the Federal Reserve is expected to hold rates steady next week following three rate cuts this year. Conway G. Gittens has the week ahead.
Despite a surprisingly strong November payrolls report, the Federal Reserve is expected to hold rates steady next week following three rate cuts this year. Conway G. Gittens has the week ahead.
Strongest U.S. hiring in 10 months
U.S. job growth increased by 266,000 in November, the biggest jump in 10 months, despite a slump in the manufacturing sector and overall uncertainty due to numerous trade spats between the U.S. and trading partners. Conway G. Gittens looks at the hir
U.S. job growth increased by 266,000 in November, the biggest jump in 10 months, despite a slump in the manufacturing sector and overall uncertainty due to numerous trade spats between the U.S. and trading partners. Conway G. Gittens looks at the hir
France rejects U.S. proposal on international tax reform
France rejects a U.S. idea for companies to opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith. Ciara Lee reports
France rejects a U.S. idea for companies to opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith. Ciara Lee reports
Musk wins defamation trial over 'pedo guy' tweet
A U.S. District Court jury in Los Angeles on Friday found in favor of Tesla boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter. Freddie Joyner has more.
A U.S. District Court jury in Los Angeles on Friday found in favor of Tesla boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter. Freddie Joyner has more.
Saudi Aramco prices world's biggest IPO
State-owned oil giant Saudi Aramco's IPO will be the biggest in history but concerns about corporate governance and nation's role in Middle East politics may have limited international interest. Conway G. Gittens has the details.
State-owned oil giant Saudi Aramco's IPO will be the biggest in history but concerns about corporate governance and nation's role in Middle East politics may have limited international interest. Conway G. Gittens has the details.
Uber reveals thousands of sexual assault reports
Ride-hailing firm Uber says it received more than 3,000 reports of sexual assault, including rape, in the United States during 2018, at a time when it operated roughly 1.3 billion rides.
Ride-hailing firm Uber says it received more than 3,000 reports of sexual assault, including rape, in the United States during 2018, at a time when it operated roughly 1.3 billion rides.
Wall Street inches higher
Wall Street eked out slight gains Thursday as investors waited for concrete news on a hoped-for interim trade deal between the United States and China.
Wall Street eked out slight gains Thursday as investors waited for concrete news on a hoped-for interim trade deal between the United States and China.
OPEC consider oil production cuts: ASX poised to open higher
06 Dec 2019 - Following soft leads from US markets, the ASX looks set to open higher this morning. Stocks rose in Asia and Europe as China and the US tried to reach an agreement on their 20-month-long trade war. OPEC to meet again today in Vienna ...
06 Dec 2019 - Following soft leads from US markets, the ASX looks set to open higher this morning. Stocks rose in Asia and Europe as China and the US tried to reach an agreement on their 20-month-long trade war. OPEC to meet again today in Vienna ...
The Independence Group (ASX:IGO) will not participate in Panoramic’s entitlement offer
06 Dec 2019 - The Independence Group (ASX:IGO) will not participate in Panoramic Resources (ASX:PAN) entitlement offer.
06 Dec 2019 - The Independence Group (ASX:IGO) will not participate in Panoramic Resources (ASX:PAN) entitlement offer.
Boral (ASX:BLD) identifies financial irregularities in its US windows business
06 Dec 2019 - Boral (ASX:BLD) has identified certain financial irregularities in its North American Windows business.
06 Dec 2019 - Boral (ASX:BLD) has identified certain financial irregularities in its North American Windows business.
Year-end tax tips for investors
Avantax Wealth Management investment advisor John Vento explains how investors can take advantage of money-losing stocks in a year that saw many stocks and bonds post huge rallies.
Avantax Wealth Management investment advisor John Vento explains how investors can take advantage of money-losing stocks in a year that saw many stocks and bonds post huge rallies.
Profit plunges at Tiffany
Tiffany's quarterly profit plummeted 17%, and sales were flat. As Fred Katayama reports, lower spending by foreign tourists hurt the upscale jeweler.
Tiffany's quarterly profit plummeted 17%, and sales were flat. As Fred Katayama reports, lower spending by foreign tourists hurt the upscale jeweler.
GM, South Korea's LG hook up in EV battery joint venture
General Motors and South Korea's LG Chem announced they will invest $2.3 billion to set up an electric vehicle battery joint venture near a shuttered GM plant in Ohio. Conway G. Gittens has the details.
General Motors and South Korea's LG Chem announced they will invest $2.3 billion to set up an electric vehicle battery joint venture near a shuttered GM plant in Ohio. Conway G. Gittens has the details.
UK: sterling surges on Johnson election hopes
Sterling hit 2-1/2-year highs versus the euro on Thursday, on growing confidence that next week's election will give the Conservative Party the parliamentary majority it needs to deliver Brexit.
Sterling hit 2-1/2-year highs versus the euro on Thursday, on growing confidence that next week's election will give the Conservative Party the parliamentary majority it needs to deliver Brexit.
Billionaire Stroll seeks Aston Martin stake: report
Shares in Aston Martin soared Thursday on reports Canadian billionaire Lawrence Stroll could be eyeing a big stake in the luxury carmaker.
Shares in Aston Martin soared Thursday on reports Canadian billionaire Lawrence Stroll could be eyeing a big stake in the luxury carmaker.
South African Airways gets $272 mln lifeline as it enters business rescue
South African Airways, which is on the brink of financial collapse, was set to enter a business rescue process on Thursday.
South African Airways, which is on the brink of financial collapse, was set to enter a business rescue process on Thursday.
Japan launches $122 bln stimulus package
Japan's cabinet approved a $122 billion fiscal package on Thursday to support stalling growth in the world's third-largest economy.
Japan's cabinet approved a $122 billion fiscal package on Thursday to support stalling growth in the world's third-largest economy.