EBay Inc reported a 7.7 percent rise in quarterly profit on Wednesday, as tweaks to its websites and a focus on marketing drew more shoppers at a time when it has been trimming its workforce.
Federal Reserve Chairman Jerome Powell’s official line on U.S. trade policy is one of careful deference to the Trump administration, acknowledging it is outside the Fed’s responsibility and that it might all turn out for the best.
American Express Co reported a 21 percent rise in quarterly profit on Wednesday as a strengthening U.S. economy drew in more customers and encouraged higher credit card spending.
International Business Machines Corp on Wednesday reported second-quarter revenue that beat analysts’ expectations as it benefited from growth in higher-margin businesses including cybersecurity and cloud computing.
The S&P 500 hit a five-month high and the Dow rose for a fifth consecutive session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season.
Larry Kudlow: – We could be at the BEGINNING of “real” growth cycle after 8 years slow growth – 4-5% GDP growth possible for next 4-5 years – Inside look at the trade wars & […]
Three distressed asset funds have sued for the right to participate in a 4 billion reais ($1 billion) capital increase for Brazilian telecom Oi SA as part of its in-court restructuring, four sources with knowledge of the matter told Reuters this week.
U.S. President Donald Trump said on Wednesday that European leaders were coming to Washington next week to try to hammer out a deal focused largely on car tariffs, while his top economic adviser accused Chinese President Xi Jinping of holding up a U.S.-China trade deal.
A group representing major automakers will tell the U.S. Commerce Department on Thursday that imposing tariffs of 25 percent on imported cars and parts would raise the price of U.S. vehicles by $83 billion annually and would cost hundreds of thousands of jobs.
The Farnborough Airshow is typically one of the world’s most publicity-focused business events, with plane giants and airline bosses battling to win headlines for deals signed under the roar of stealth fighter displays.
Ken Griffin, Citadel Capital, is not a believer in bitcoin, here’s why
The S&P 500 hit a five-month high on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season.
A government audit released on Wednesday faulted the National Highway Traffic Safety Administration’s (NHTSA) oversight of auto safety recalls and said its “delayed action” may have delayed the expansion of a record-setting callback of millions of vehicles for Takata air bag inflators.
U.S. homebuilding fell to a nine-month low in June and permits for future construction declined for a third straight month, dealing a blow to the housing market as it struggles with a dearth of properties available for sale.
Airbus said on Wednesday it had signed an agreement to sell two commercial passenger planes to Uganda as part of the country’s plan to revive its national airline which has been defunct for years.
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