U.S. oil companies slash Gulf of Mexico production as storm bears down
U.S. oil producers on Wednesday cut nearly a third of Gulf of Mexico crude output as what could be one of the first major storms of...
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.
Ryanair says Boeing eyes MAX flights by October, cites 2020 growth risk
Ryanair may have to trim plans to grow its capacity in the summer of 2020 if the grounded 737 MAX is not flying again by November...
Wall Street touches new highs after comments by Fed's Powell
U.S. stocks ended higher and the S&P 500 index briefly crossed the 3,000-point mark for the first time on Wednesday as remarks by Federal Reserve Chairman...
U.S. Fed policy-makers debate merit of a repo facility
Federal Reserve officials argued the pros and cons of a possible policy tool that allows banks to borrow from the U.S. central bank using Treasuries and...
Powell testimony, Fed meeting highlight case for 'insurance'
A confidence shock driven partly by the U.S. trade war is at the center of an increasingly persuasive argument for Federal Reserve policymakers seriously considering cutting...
Looking at the winners and losers on the trip to 3,000 by the S&P 500
The S&P 500 tops 3,000. What a difference five years makes.
Wall St. gains ground on rate cut hopes
The benchmark S&P 500 closed higher on Wednesday after briefly crossing the 3,000-point mark for the first time following dovish remarks from Federal Reserve Chairman Jerome...
World stocks rise, dollar drops as Fed chair boosts rate-cut hopes
A broad index of world stock markets edged higher on Wednesday while the U.S. dollar fell as comments from Federal Reserve Chairman Jerome Powell bolstered expectations...
U.S. to probe French plan to tax tech companies: source
U.S. President Donald Trump will order an investigation into France's planned tax on technology companies that could potentially lead to the United States imposing new tariffs...
JP Morgan strategist: Fed is 'fundamentally making a mistake' by cutting rates
A top strategist at J.P. Morgan Asset Management said on CNBC's "Power Lunch" that the Fed will be "fundamentally making a mistake" by cutting rates this...
Volkswagen to start production of Tarek SUV in Mexico in 2020
German carmaker Volkswagen will begin producing the Tarek sport utility vehicle (SUV) at its plant in the Mexican state of Puebla in 2020 and sales will...
S&P 500 tops 3,000 less than five years after 2,000
The S&P 500, the benchmark index that investors tend to rely on as a proxy for the U.S. stock market, topped 3,000 for the first time...
Fed chief calls for Facebook to halt Libra project until concerns addressed
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are...
World stocks rise, dollar drops as Fed chair remarks boost rate-cut hopes
A broad index of world stock markets edged higher on Wednesday while the U.S. dollar fell as comments from Federal Reserve Chairman Jerome Powell bolstered expectations...
Oil prices jump 4.5% on U.S. crude stocks draw, Gulf of Mexico storm
Oil prices rose 4.5% a barrel on Wednesday to their highest level in more than a month after U.S. crude inventories shrank and as major producers...