A broad index of stocks around the world edged higher on Thursday as comments from Federal Reserve Chairman Jerome Powell bolstered expectations for an interest-rate cut, though concerns about global trade tensions capped gains.
Walmart told the U.S. government privately in January that India's new investment rules for e-commerce were regressive and had the potential to hurt trade ties, a company document seen by Reuters showed.
Wall Street is pricing in the assumption that President Trump will be reelected, in addition to a U.S.-China trade deal and a Fed rate cut, Wien says.
Negotiations to complete the merger of T-Mobile US Inc and Sprint Corp are dragging on, as the parties haggle over ownership restrictions and other conditions for Dish Network Corp once it gets assets from the wireless companies, the Wall Street Journal reported on Thursday.
Brazilian cotton producers in the state of Mato Grosso on Thursday sued Bayer AG , seeking to cancel the chemical company's patent protection for its Bollgard II RR Flex genetically modified cotton seed, according to a statement sent to Reuters.
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Larry Kudlow praised Rep. Alexandria Ocasio-Cortez after she urged Fed Chair Jerome Powell to keep monetary policy loose.
U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in a range of goods and services, but that did not change expectations the Federal Reserve would cut interest rates this month.
U.S. stocks edged higher on Thursday on improved bets of an interest rate cut following Fed chief Jerome Powell's dovish remarks, while healthcare stocks were mixed after the Trump administration withdrew a rule that would kill rebates.
Fiat Chrysler (FCA) plans to spend 700 million euros ($788 million) to take the Fiat 500 electric as the carmaker moves on from its failed $35 billion bid to merge with France's Renault , a pioneer in electric vehicles.
Wall Street's industry-funded watchdog on Thursday said it plans to be more transparent about its process for determining when a securities brokerage qualifies for a reduced penalty in exchange for so-called "extraordinary cooperation."
Oil prices eased off early gains on Thursday as OPEC forecast slower demand for its crude next year, but crude futures hovered at near the highest in more than a month as oil rigs in the Gulf of Mexico were evacuated ahead of a storm.
Federal Reserve Chairman Jerome Powell said the relationship between unemployment and inflation has collapsed.
Ford Motor Co and Volkswagen AG said on Thursday they are expanding their global alliance announced in January with deals that are expected to involve collaboration on electric and autonomous vehicles.
T-Mobile US Inc and Sprint Corp expect to extend a July 29 deadline to complete their $26-billion merger, according to two sources close to the deal.