U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve's intention not to cut interest rates again in the near term after reducing borrowing costs three times this year.
Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, in a move hailed by the government as a vindication of its towering $2 trillion valuation of the state oil company.
As the end of the year draws near, it's time to think about showing your gratitude to those who have provided services for you throughout the year.
The San Francisco-based company raised $200 million in debt from Credit Suisse, following a similar $100 million deal from Barclays in April.
U.S. investment bank Goldman Sachs has appointed Jonathan Penkin as head of its Johannesburg office, the bank's base for sub-Saharan Africa where the current chief executive is retiring at the end of the year.
U.S. consumer prices rose more than expected in November, which could further support the Federal Reserve's intention not to cut interest rates again in the near term after reducing borrowing costs three times this year.
American Eagle Outfitters Inc forecast holiday-quarter profit and comparable sales below market estimates on Wednesday, as weaker demand pressures the retailer into offering higher discounts on its flagship AE brand, sending its shares down about 10%.
Federal Aviation Administration (FAA) chief Steve Dickson confirmed Wednesday the agency will not allow Boeing Co's (BA.N> grounded 737 MAX, involved in two fatal crashes in five months, to resume flying before the end of 2019.
Airline profits are on course to fall faster than expected in 2019 as trade wars hit global commerce and broader confidence, the industry's main global body said on Wednesday, while predicting a modest recovery next year.
European shares fell on Wednesday as the deadline approached for new U.S. tariffs on Chinese goods and investors awaited the outcome of major central bank policy meetings.
Although the odds are stacked against players matching all six numbers, good ol' Uncle Sam always takes a hefty piece of the jackpot.
Keith McCarty is CEO of Wayv, a one-year-old company providing a platform for legal marijuana retailers in California to do online sales and next-day delivery.
New legislation would guarantee paid parental leave for 2.1 million federal workers. It would be the first update to federal family leave policy in a generation.
Carlyle Group helped finance the sale of Taylor Swift's music rights to Ithaca Holdings.
The outlook may not be all that bleak for the 25- to 39-year-old crowd. A client analysis by Wealthfront, a firm that offers robo-advisor services, found that millennial investors in Washington state had a median net worth of $112,618.