European Central Bank President Mario Draghi defended his ultra-easy monetary policy stance on Thursday as his eight-year tenure at the bank closes in exactly the same place he started: trying to prop up a perpetually ailing currency bloc.
European Central Bank President Mario Draghi on Thursday praised Germany's nominee for the executive board Isabel Schnabel as an excellent economist who would enhance discussions at the bank.
Oil edged further above $61 a barrel on Thursday as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset concern over the outlook for demand.
Bloomberg | Hannah Levitt | Oct 22, 2019 More than half of the world’s banks are already in a weak position before any downturn that may be coming, according to a report from consultancy McKinsey & Co. A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace
Comcast Corp beat Wall Street profit and revenue estimates on Thursday, as the company added high-speed internet customers and lost more video subscribers than expected.
A probe into a series of engine failures on Airbus's smallest jet, the A220, is studying whether a software change set off unexpected vibrations that damaged fast-moving parts and forced three emergency landings, people familiar with the case said.
U.S. stocks opened higher on Thursday, as solid results from Microsoft, Lam Research and Tesla lifted sentiment.
New orders for key U.S.-made capital goods fell more than expected in September and shipments also declined, a sign that business investment remains weak amid the continuing fallout from the U.S.-China trade war but other data on Thursday showed it has yet to have much effect on the overall jobs market.
American Airlines Group Inc beat Wall Street estimates for third quarter profit on Thursday thanks to robust travel demand, even as the impact of the Boeing 737 MAX grounding continued to swell.
Virgin Galactic will trade under the stock ticker 'SPCE.'
A rise in shares of Microsoft and PayPal boosted the Nasdaq on Thursday, but poor earnings reports from Twitter and 3M dragged down the S&P 500 and Dow Jones indexes, taking the shine off what has been an upbeat earnings season so far.
Oil prices climbed on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand.
Consumers are paying more attention to their carbon footprint and it could cost airlines billions of dollars, Citi said in a note to clients on Tuesday.
Sales of new U.S. single-family homes fell in September as low inventories continue to weigh on sales even as prices saw the biggest monthly fall in five years.
Virgin Galactic will trade under the stock ticker SPCE.