Business & Finance News
Asian stocks were flat in early trade on Wednesday after Wall Street ended higher, with the S&P 500 index touching a record high on Tuesday, and as lower-level trade talks between the U.S. and China due this week boost hopes of easing trade tensions.
U.S.-Turkey business groups on Tuesday warned that a political dispute between the NATO allies was affecting investor confidence and had forced some firms to suspend investment plans.
With a volatile chief executive and a potential breakthrough product starting production, Tesla Inc is a challenging stock to hold.
Hawaiian Airlines said on Tuesday that it has decided to suspend its thrice-weekly non-stop flight between Honolulu and Beijing after the National Day Golden Week holiday in October.
American Airlines is cutting a route between Chicago and Shanghai, canceling the second direct flight from the U.S. city to China in four months, because of higher fuel costs and competition, the carrier said on Tuesday.
The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, buoyed by strong earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China.
“Not thrilled” may become a regular state of mind for U.S. President Donald Trump in the months ahead, as the Federal Reserve is likely to press on with interest rate rises to recalibrate policy for an economy boosted by the president’s own tax cuts.
U.S. stock futures opened lower late on Tuesday after U.S. President Donald Trump’s former personal lawyer Michael Cohen pleaded guilty to campaign finance violations and other charges.
United Continental Holdings Inc is eying joint ventures with three Latin American carriers in the near future, but a deal would not immunize the U.S. airline from the “ups and downs” of the region’s volatile market, President Scott Kirby said on Tuesday.
The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China.
After a seven-month stall, Wall Street’s bull market looks back on track, thanks to Amazon.com Inc , Alphabet Inc and other high-flying technology and consumer discretionary companies.
Global equity markets rose on Tuesday, with the S&P 500 setting a record high, fueled by strong earnings and economic growth, while the dollar weakened after U.S. President Donald Trump slammed the Federal Reserve for raising interest rates.
American Airlines is cutting a route from Chicago to Shanghai, cancelling the second direct flight from the U.S. city to China in four months, the carrier said on Tuesday, citing higher fuel costs and a “competitive environment.”
JPMorgan Chase & Co, in a bid to lure customers from the discount brokerage industry, said on Tuesday it will begin offering free stock trades for self-managed accounts through its Chase mobile banking app starting next week.
U.S. companies’ taste for their own shares is set to push buybacks past the $1 trillion-a-year mark for the first time as soon as November, TrimTabs Investment Research said, even as its latest data showed the pace of new repurchase announcements slowing during the second-quarter reporting season.
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