New York Federal Reserve President John Williams said on Wednesday he still expects the U.S. economy to expand at an above-trend pace of 2.0%-2.5% in 2019 despite low business investment and trade uncertainty.
New York Federal Reserve President John Williams on Wednesday said he is ready to "act as appropriate" to help America avoid an economic downturn but so far the economy appeared to be in a good place.
American Eagle Outfitters Inc forecast disappointing current quarter profit after its same-store sales missed quarterly estimates on Wednesday, hurt by weak demand for warm weather apparel and a late start to the back-to-school season.
These stocks gives investors a higher yield than the market and the 0-year Treasury, thanks to their high and growing dividends and low credit risk.
Wall Street's main indexes rose on Wednesday as fears of a global economic slowdown were calmed by robust economic data from China, while easing tensions in Hong Kong added to an upbeat mood.
WeWork owner The We Company took some steps on Wednesday to burnish its appeal to investors ahead of its initial public offering by adding a woman, Frances Frei, to its all-male board and announcing that its CEO would return a $5.9 million payment for use of the trademarked word "We."
Porsche is making a leather-free version of its new Taycan electric sports car in the latest attempt by a German automaker to play up green credentials as environmental activists lobby for a boycott of the industry.
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc's Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.
Pursue your passion — but make sure you can pay the bills. These college majors have the best earning power and hiring prospects.
President Donald Trump said on Wednesday the United States does not want to discuss the U.S. blacklisting of Huawei Technologies with China as the two biggest world economies try to end escalating trade tensions.
Tyson Foods Inc slowed chicken processing after it recalled millions of pounds of poultry this year over concerns they contained extraneous materials like rubber and metal, Chief Executive Noel White said on Wednesday.
Wall Street's main indexes rose on Wednesday as fears of a global economic slowdown were calmed by robust economic data from China, while easing tensions in Hong Kong added to an upbeat mood.
Oil prices rose more than 4% on Wednesday, boosted by a wider market pickup on positive news from China, after three days of losses due to fears about a weakening global economy.
The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration's "America First" agenda, surged to a six-month high.
Michael Burry, one of the first investors to call and profit from the subprime mortgage crisis, is seeing a similar bubble in passive investing, according to Bloomberg News.