U.S. President Donald Trump said on Wednesday the United States is continuing to talk to China but gave no other details, as both sides tried to hammer out a phase one trade deal ahead of looming U.S. tariffs due next month.
Malta's biggest bank failed for years to detect or address risks involving thousands of payments, the European Central Bank (ECB) said, detailing "severe shortcomings" that could have allowed money laundering or other criminal activities.
Treasury yields dropped on Wednesday on news a "phase one" U.S.-China trade deal may not be completed this year, according to Reuters sources.
Wall Street's main indexes fell about 1% on Wednesday after a report said a "phase one" trade deal between Washington and Beijing may not be completed this year.
U.S. Democratic Senator Brian Schatz of Hawaii on Wednesday introduced a bill that would direct the Federal Reserve to subject large banks to so-called "stress tests" measuring their resilience to climate-related financial risks.
The number of corporate leaders fired for #MeToo-related misconduct rose in 2018 while the number of S&P 500 companies led by females fell 20%, according to a report from U.S. think-tank the Conference Board.
Target's stock has topped even the strong performances of Walmart and TJX Companies.
Democratic U.S. Senator Ed Markey asked Tesla Inc on Wednesday to disable its "Autopilot" driver-assistance system until it installs new safeguards to prevent drivers from evading system limits that could let them fall asleep.
General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival engaged in bribery over many years to corrupt the bargaining process with the United Auto Workers (UAW) union and gain wage and work practices advantages, costing GM billions of dollars.
The economy is good and wages are up, yet credit card balances continue to drag down consumers' balance sheets.
It's hard to say "no" to a year-end bonus, especially if you have big shopping plans for the holidays. Yet, sometimes it makes sense to delay it into the new year.
Wall Street's main indexes were lower on Wednesday on concerns that a "phase one" trade deal between Washington and Beijing may not be completed this year, and minutes from the Federal Reserve's October policy meeting offered little help.
White House Deputy Press Secretary Judd Deere has said that talks with China are continuing and that there is progress on the text of a phase-one trade deal, Fox News reported on Wednesday.
Mitsubishi Heavy Industries Ltd is rethinking the timetable for Japan's first new commercial aircraft in 50 years and cannot commit to its target of making initial deliveries by mid-2020, the company's chief executive said on Wednesday.
A little-used block of spectrum set aside for auto safety should be split to accommodate the rapidly growing number of wireless devices, the chairman of the U.S. telecoms regulator said on Wednesday, a plan that sets up a clash between two major industries.