Oil prices surged as much as $3 a barrel as gold, the yen and safe-haven bonds all rallied on Friday after the U.S. killing of Iran's top military commander in an air strike in Iraq ratcheted up tensions between Washington and Tehran.
The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to achieve its goal of 2% inflation.
Top U.S. Federal Reserve officials struck upbeat tones about the economy on Friday, a confidence reflected in a record of their latest meeting that signaled no urgency to offer additional stimulus in the wake of three interest rate cuts last year.
Venezuelan state company PDVSA is letting some joint venture partners take over the day-to-day operation of oilfields as its own capacity dwindles due to sanctions, lack of cash and staff, according to a former oil minister, an opposition lawmaker and industry sources.
Wall Street's major indexes fell from record highs on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the U.S. manufacturing sector raised concerns of slowing economic growth.
This story, first published at 1243 GMT, has been withdrawn pending more reporting.
The U.S. Federal Communications Commission (FCC) said on Friday it will accept public comments until Feb. 3 on its determination that China's Huawei Technologies Co Ltd and ZTE Corp pose national security risks.
Wall Street fell from record highs on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the U.S. manufacturing sector raised concerns of slowing economic growth.
A Turkish court ruled on Friday to formally arrest five suspects who were detained as part of an investigation into ex-Nissan boss Carlos Ghosn's transit through Turkey after fleeing Japan, state-owned Anadolu news agency reported.
The next direction for oil prices will depend on Iran's retaliation.
A new retirement law, the Secure Act, loosens rules around how employers can select annuity providers for their 401(k) plans.
Investors rushed into safe-haven assets on Friday after U.S. air strikes in Iraq killed a senior Iranian military official, sending the Japanese yen to a three-month high, while the U.S. dollar index was knocked by the weakest domestic factory activity in a decade.
Forbes | Matthew Harris | Nov 22, 2019 This is part two of a two-part essay diving into the future of fintech. Read part one. In part one of this essay, I discussed how fintech was moving from being a business model unto itself, to being an ingredient used in other technology businesses. This is what
The U.S. manufacturing sector fell into its deepest slump in more than a decade in December as the U.S.-China trade war kept a lid on factory output, orders and employment, although the long-awaited Phase 1 deal between Washington and Beijing could limit further downside.
Tesla Inc's short sellers have suffered $3 billion in losses since the end of 2018, including a $500 million hit on Friday after the electric carmaker's quarterly deliveries beat investors' expectations and drove its stock to a record high.