U.S. stocks rebounded on Thursday from a steep selloff in the prior session, boosted by technology shares, as investors shrugged off a cautious outlook from the Federal Reserve on interest rate cuts and focused on corporate earnings.
U.S. manufacturing activity slowed to a near three-year low in July and hiring at factories shifted into lower gear, suggesting a further loss of momentum in economic growth early in the third quarter as trade tensions between Washington and Beijing persist.
Michael Novogratz says Beyond Meat's rally smacks of bitcoin's boom, which was followed by a crash soon after.
Shares of retailers are tanking as they are seen as the biggest target in the new China tariffs.
Wall Street abruptly reversed its gains on Thursday as U.S. President Donald Trump tweeted that he would impose an additional 10% tariffs on $300 billion in Chinese imports, sending the long-running U.S. China trade war that has rattled markets for months back to center stage.
Europe's biggest utility Enel painted an upbeat outlook after posting a strong rise in earnings in the first six months driven by its green energy and network businesses.
Occidental Petroleum Corp plans to quickly complete its $38 billion purchase of Anadarko Petroleum after the latter's Aug. 8 shareholder vote, the company said on Thursday.
The project, named Atlas after the Greek God, is meant to accelerate the shift Goldman Sachs has been making to the latest stock trading technology.
Aird & McBurney LP | Tony Sabeta | Aug 1, 2019 33%. That’s the percentage of funded startups that have filed a patent application; also 19% of all funded companies filed at least one patent application prior to receiving any funding[1]. There is an ongoing debate about the advantages and disadvantages of patent protection for early stage
Oil prices plummeted more than 6% on Thursday, declining for the first time in six days, after U.S. President Donald Trump said he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1.
U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed at easting tensions between the world's two largest economies continue.
President Donald Trump's threat to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept. 1 will hit consumers at the start of the important back-to-school buying season, four large retail trade associations warned on Thursday.
U.S. President Donald Trump on Thursday moved to impose a 10% tariff on a remaining $300 billion list of Chinese imports starting Sept. 1, after U.S. and Chinese negotiators failed to kickstart trade talks between the world's two largest economies.
The National Retail Federation, a top U.S. trade group, said President Donald Trump's threat to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept. 1, is a flawed strategy that will raise prices and hurt jobs.
A pool of ten investment banks working on the London Stock Exchange Group's $27 billion purchase of financial-data business Refinitiv could reap advisory fees of up to $100 million, according to industry estimates.