The United States has raised its concerns with Gulf allies over a possible security risk in using Huawei’s technology for their 5G mobile infrastructure, U.S. officials said on Thursday.
A driver for Uber has sued the company for misclassifying its drivers as independent contractors, hours after California legislators voted to help thousands of those workers become, and enjoy the benefits of being, employees.
U.S. underlying consumer prices increased solidly in August, leading to the largest annual gain in a year, but rising inflation is unlikely to deter the Federal Reserve from cutting interest rates again next week to support a slowing economy.
Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac , becoming the first of 16 financial services companies to settle litigation by investors.
German bond yields and the euro rebounded on Thursday and European banking shares were whipsawed as doubts crept in about the effectiveness of the ECB’s decision to cut interest rates and pledge an indefinite supply of asset purchases.
The Pepsico dividend is not flashy. It’s not grabbing the big headlines. You’re not going to confuse it with pop stars like Camilla Cabello or Shawn Mendes walking down a red carpet, paparazzi cameras blinding.
But what it is, is dependable. Reliable. Steady.
You can count on it for sustained and consistent excellence.
And that’s worth a heck of a lot in the world of dividend investing.
Is PepsiCo right for your stock portfolio? Perhaps.
But before we try to answer that question, let’s dive into what makes PepsiCo’s dividend so special.
All About PepsiCo Inc.
Ahhhhh, Pepsi.
Most likely when you think about …read more […]
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Wall Street’s main indexes hit a session high on Thursday after a report that said President Donald Trump’s advisers were considering offering an interim deal to China that would delay or potentially roll back some U.S. tariffs on Chinese goods.
Google agreed to pay a 500 million euro ($548 million) fine in France to settle a fiscal fraud probe that began four years ago, the financial prosecutor’s office said on Thursday.
The European Central Bank’s move to cut interest rates and restart a larger stimulus program drew fast reaction from the White House on Thursday, with President Donald Trump saying the ECB was undercutting the value of its currency and “hurting U.S. exports.”
Bond yields tumbled across the euro zone on Thursday and the single currency fell toward recent 28-month lows after the European Central Bank cut interest rates and resumed asset buying, while bank shares ceded early knee-jerk gains.
European Central Bank President Mario Draghi said on Thursday that the euro zone economy was in a period of “protracted” economic weakness, with inflation staying low and the balance of risks tilted toward the downside.
The European Central Bank promised an indefinite supply of fresh asset purchases and cut interest rates deeper into negative territory on Thursday in an effort to prop up the ailing euro zone economy that was cheered by financial markets.
The European Central Bank approved a fresh stimulus package as expected on Thursday, cutting interest rates and approving a new round of bond purchases to prop up euro zone growth and halt a worrisome drop in inflation expectations.
Following is the statement from the European Central Bank following its policy meeting.
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