Wall Street ends flat as mixed economic data signals caution
U.S. stocks barely budged on Monday, with slight gains in shares of Apple offset by mixed economic data that added to caution over the prolonged U.S.-China trade war.
U.S. stocks barely budged on Monday, with slight gains in shares of Apple offset by mixed economic data that added to caution over the prolonged U.S.-China trade war.
The Federal Reserve has delivered a boost to the economy this year not only with interest-rate cuts but also because it shifted away from its earlier view that it would need to raise rates in 2019, two Fed policymakers said on Monday.
U.S. Treasury Secretary Steven Mnuchin said on Monday that U.S.-China trade talks will resume next week in Washington, adding that the Trump administration requested that Chinese officials cancel a visit to U.S. farming regions.
Interest rate futures traders believe the U.S. Federal Reserve will bow to President Donald Trump's persistent tweets pressuring the central bank to lower interest rates, and this poses a "significant" risk to Fed independence, according to research released on Monday.
Tesla Inc Chief Executive Elon Musk urged investors to approve the 2016 purchase of SolarCity at a big premium to its market value despite knowing the solar installer faced a cash crunch and publicly stating he had recused himself from involvement in the deal, according to court documents unsealed on Monday.
Switzerland's UBS Group AG and state-controlled Banco do Brasil SA signed a preliminary agreement on Monday to create a joint venture in investment banking in South America, the Brazilian bank said in a securities filing.
The U.S. Federal Aviation Administration invited continued feedback from global regulators at a Boeing 737 MAX briefing on Monday about the steps needed to return the grounded passenger jet to flight after two fatal crashes.
U.S. President Donald Trump on Monday questioned a decision by his top trade negotiators to ask Chinese officials to delay a planned trip to U.S. farming regions after trade talks last week, saying he wanted China to buy more American farm products.
Fox Corp Chairman Rupert Murdoch was paid $42.2 million in fiscal 2019, lower than last year, following the media company's sale of its film and TV assets to Walt Disney Co .
U.S. Treasury Secretary Steven Mnuchin said on Monday that he and U.S. Trade Representative Robert Lighthizer would meet with Chinese Vice Premier Liu He for trade talks in two weeks.
A U.S.-Japan trade deal hit a last-minute snag as Japanese officials sought assurances that the Trump administration will not impose national security tariffs on Japanese-built cars and auto parts, people familiar with the talks said on Monday.
Facebook Inc said on Monday it bought New York-based CTRL-labs, a start-up that is exploring ways for people to communicate with computers using brain signals, in a deal that CNBC said was valued at $1 billion.
The Federal Reserve has delivered a boost to the economy this year not only with interest-rate cuts but also because it shifted away from its earlier view that it would need to raise rates in 2019, two Fed policymakers said on Monday.
Anheuser-Busch InBev NV (AB InBev) raised about $5 billion after pricing the Hong Kong IPO of its Asia-Pacific business at the bottom of an indicative range, two people with direct knowledge of the matter told Reuters.
Walt Disney Co said on Monday Catherine Powell, president of Disney Parks West, is leaving the company.