New York Fed among six banks voting in July for no change in discount rate
Underscoring discord at the U.S. central over interest-rate policy, directors at half of the Federal Reserve's regional Fed banks -- including those at the influential New...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
GlobalFoundries seeks to ban U.S. import of TSMC clients' products
Contract chipmaker GlobalFoundries has sued larger rival Taiwan Semiconductor Manufacturing Co (TSMC) for patent infringement, seeking to stop the defendant's customers including Apple from importing affected...
Oil turns lower as stock market weakens on trade deal uncertainty
Oil prices were steady to soft on Tuesday, paring earlier gains along with the stock market lower as China dampened optimism for a trade deal with...
Asia stocks, bond yields rise on hopes of easing trade war tension
Asian stocks rose in step with their global peers on Tuesday while safe-haven bonds retreated, after U.S. President Donald Trump softened his tone against China and...
When it makes sense to ditch stocks and move to cash
With stocks zigzagging and some experts warning that a recession is looming, investors may wonder whether they should bail on the market. Here's what financial advisors...
Ericsson, Deutsche Telekom team up for industrial 5G services in Germany
Ericsson and Deutsche Telekom will team up to tap rising demand for mobile technology at industrial sites in Germany, as communications providers seek local uses for...
Fed rejects call to deny Trump rate cuts; Trump keeps up pressure
The U.S. central bank on Tuesday rejected a call from a former Federal Reserve policymaker to counter President Donald Trump's trade agenda by refusing to "play...
BP exits Alaska with $5.6 billion sale to Hilcorp
British oil major BP said on Tuesday it had agreed to sell its Alaskan operations for $5.6 billion to privately held oil and natural gas explorer...
Lower pet food demand hits Smucker results, shares fall
J. M. Smucker Co cut its full-year earnings forecast and reported disappointing quarterly results on Tuesday, hit by weak sales of its pet food, coffee and...
What would workers give to wear jeans to the office? About $5,000
As offices get increasingly casual, employees are more resistant to workplaces that adhere to traditional business attire.
Someone made millions on the Philip Morris-Altria deal, trader Jon Najarian says
Philip Morris and Altria confirmed they were in merger talks on Tuesday, making one or multiple traders millions of dollars, Jon Najarian says.
U.S. house prices rise in June, but momentum slowing
U.S. house prices rose solidly in June, but the pace of appreciation is slowing, which together with declining mortgage rates could boost the struggling housing market.
Robocop vs. Terminator in Fintech; Comparing DeFi originations to Digital Lenders in the early years
Future of Finance Lex Sokolin Aug 27, 2019 I've got a gentle, data-backed story this week inspired by a great distinction made in this Techonomy article...
Wall Street opens higher, trade hopes build
U.S. stocks opened higher on Tuesday as investors held their hopes on a resolution to the prolonged trade dispute between the world's two largest economies despite...
Philip Morris in talks to merge with Altria
Philip Morris International Inc and Altria Group Inc said on Tuesday they were in talks for an all-stock merger, potentially reuniting the tobacco giants after more...