Esther George says the Fed's 'large balance sheet' may have helped cause the yield curve inversion
Kansas City Fed President Esther George said the Federal Reserve may be partly responsible for the yield curve inversion.
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.
For U.S. housing, trade war set to blunt some of Fed stimulus: Reuters poll
The U.S.-China trade war may blunt some of the stimulus on the U.S. housing market from expected further interest rate cuts by the Federal Reserve, with...
Volkswagen CEO interested in Tesla stake: Manager Magazin
Volkswagen CEO Herbert Diess is interested in acquiring a stake in Tesla , German business publication Manager Magazin reported on Thursday, citing company sources.
GameStop surges after Barron's says 'Big Short' star Michael Burry is long the troubled game seller
Michael Burry thinks GameStop still has upside as Sony's and Microsoft's upcoming consoles will likely have physical optic drives.
White House mulling tax cuts but not to counter short-term weakness: adviser
The Trump administration is studying tax cuts to buttress long-term U.S. economic growth that could be rolled out during the 2020 election campaign but is not...
Wall Street opens higher on strong retail earnings
U.S. stocks opened higher on Thursday, as strong results from retailers including Nordstrom reinforced confidence in consumer demand, while investors look ahead to Fed Chief Jerome...
Mediaset files complaint against Vivendi with Italy watchdog
Mediaset has filed a complaint with Italy's market watchdog, accusing shareholder Vivendi of leaking information with a view to scuppering its corporate restructuring plans, the Italian...
Volkswagen says it is not interested in buying a Tesla stake
Volkswagen on Thursday denied a media report which suggested that the German carmaker was interested in buying a stake in United States electric car manufacturer Tesla.
Salesforce sees higher quarterly, FY revenue; shares rise 7%
Salesforce.com Inc forecast third-quarter and full-year revenue above Wall Street estimates on Thursday, as it benefits from acquisitions and more companies opting for its cloud-based services,...
As U.S. watchdog retreats, mortgage firms reprise cozy marketing arrangements
U.S. mortgage firms are getting back into joint marketing and advertising arrangements, reviving a controversial practice that was effectively banned in the aftermath of the 2007-2008...
U.S. factories show signs of trouble; labor market still firm
Activity is contracting in the U.S. manufacturing sector but the number of Americans filing applications for unemployment benefits fell last week, signs that factories are suffering...
White House mulling tax cuts but not to counter weakness: adviser
The Trump administration is considering a package of tax cuts designed to buttress the economy's long-term growth that could be rolled out during the 2020 election...
S&P 500 stalls in economic data offset, ahead of Fed chair's speech
The benchmark S&P 500 ended little changed on Thursday as a fall in U.S. jobless claims offset data showing a contraction in U.S. manufacturing activity while...
U.S. plans in-person China trade talks next month: White House adviser
The Trump administration is still planning for a round of in-person talks between U.S. and Chinese officials in September after a constructive exchange this week between...
Hasbro to buy studio Entertainment One, home of Peppa Pig, for $4 billion
U.S. toy maker Hasbro Inc will buy Entertainment One Ltd for about $4 billion (3.27 billion pounds) in cash, adding the independent studio with preschool brands...