Moderate U.S. consumer spending, inflation back Fed rate cut
U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates...
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.
Innovative new law opens Guernsey up to Artifical Intelligence
Ogier Andrew Munro July 18, 2019 The newly enacted Electronic Transactions (Electronic Agents) (Guernsey) Ordinance, 2019, which came into force on 1st March this year, signals...
Major retailers targeted by University of California in lawsuits
Five major retailers, including Amazon.com Inc and Walmart Inc, were targeted in lawsuits filed on Tuesday by the University of California over what it called the...
U.S.-China trade concerns push Wall Street lower; Fed meeting eyed
U.S. stocks slid on Tuesday after a fresh warning from President Donald Trump to China pressured technology shares, while investors speculated the scale of an interest...
Trump says he will seek U.S. trade accord with Brazil
President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower...
Under fire, Swiss minister dumps Philip Morris as Expo sponsor
Switzerland scrapped a 1.8 million Swiss franc ($1.8 million) sponsorship deal with Philip Morris International for the country's pavilion at Expo 2020 in Dubai after being...
Wall Street dips on U.S.-China trade tensions, Fed meeting eyed
U.S. stocks dipped on Tuesday as U.S.-China trade worries pressured technology shares, while the scale of consensus at the Federal Reserve in favor of deeper cuts...
Xerox cuts full-year revenue forecast, shares fall
Xerox Corp posted a better-than-expected quarterly profit on Tuesday, but cut its full-year revenue forecast citing organizational changes, primarily in North America.
Jamie Dimon's worst fears for the banking industry realized with Capital One data hack
Bank CEOs including Jamie Dimon have been highlighting the risks of a cyberattack for years.
Newer drugs help Eli Lilly top Wall Street quarterly profit estimate
Eli Lilly and Co reported a second-quarter profit that topped Wall Street estimates and raised its 2019 earnings forecast on Tuesday, as higher demand for newer...
Small energy stock rips higher after investor Mario Gabelli says he is following it
Shares of RPC, Inc., a small oil and gas company based in Atlanta, jump following positive comments from billionaire investor Mario Gabelli.
Oil rises on expectations of Fed rate cut, another U.S. crude drawdown
Oil prices rose on Tuesday, on track to close at a two-week high, on optimism the U.S. Federal Reserve will cut interest rates this week for...
How to protect yourself from a breach even if you're not a Capital One customer
Experts recommend taking steps to prevent criminals from using your personal information to open an account in your name.
Ralph Lauren says North America sales to come under pressure; shares fall
Ralph Lauren Corp said it expects sales in North America for the rest of the year to be pressured by a tough retail environment and weakness...
Parents are exploiting this legal loophole to get their kids more need-based college financial aid
Some parents are exploiting a legal loophole so that their children can declare themselves as financially independent from them, likely enhancing their eligibility for federal, state...