Nike shares fell 3 percent on Wednesday as the sportswear maker stopped short of raising its financial forecast even as sales received a boost from a controversial ad campaign featuring former NFL player Colin Kaepernick.
Ray Dalio, explains his economic theories, and says economy still has room to expand, but downturn is likely within 2 years. Dalio explains the recent $USD rally, and his concerns about rising Federal deficit, and […]
Sales of new U.S. single-family homes rebounded in August after two straight monthly declines, but the underlying trend still pointed to a weakening housing market against the backdrop of rising mortgage rates and higher home prices.
Uber Technologies Inc has settled with the top legal officers in all 50 U.S. states over a massive data breach that the company failed to disclose in 2016, resolving one of the more catastrophic embarrassments that have engulfed the ride-hailing company over the last couple of years.
An advance in Chinese equity markets set a modestly positive tone for world stocks on Wednesday, despite continued trade tensions with the United States, as investors awaited an expected interest rate increase by the U.S. Federal Reserve.
Healthcare stocks helped prop up Wall Street on Wednesday, although banks slipped ahead of a widely expected interest rate hike by the U.S. Federal Reserve.
The supreme court of world trade will be running on fumes from the end of this month after the United States turned down a last-ditch petition to reappoint one of the four remaining judges at the World Trade Organization.
Twenty-First Century Fox agreed to sell its stake in Sky to Comcast , securing the U.S. cable group’s $40 billion takeover of its European peer and ending Rupert Murdoch’s relationship with the UK-based broadcaster.
Oil prices eased on Wednesday after U.S. data showed a surprise build in domestic crude inventories, but an impending drop in Iranian exports kept Brent futures above $80 a barrel and on track for a fifth straight quarterly gain.
British Prime Minister Theresa May was reminded of how worried businesses are about Brexit on Wednesday when a rallying speech to executives in New York was met with a single stark question from the floor – just how bad can things get?
Sales of new U.S. single-family homes rebounded in August after two straight monthly declines, but the underlying trend still pointed to a weakening housing market against the backdrop of rising mortgage rates and higher home prices.
Canadian Prime Minister Justin Trudeau on Wednesday said he would not be rushed into renewing NAFTA and indicated it was possible the three member nations might fail to conclude a new pact.
With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in U.S. economic growth will prompt the central bank to ramp up the pace of monetary policy tightening.
Ford Motor Co Chief Executive Officer James Hackett said on Wednesday that metals tariffs are costing the carmaker $1 billion.
Ford Motor Co Chief Executive Officer James Hackett said on Wednesday that metal tariffs cost the carmaker $1 billion.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
