Muted U.S. inflation strengthens case for Fed rate cut
U.S. consumer prices barely rose in May, pointing to moderate inflation that together with a slowing economy increased pressure on the Federal Reserve to cut interest rates this year.
U.S. consumer prices barely rose in May, pointing to moderate inflation that together with a slowing economy increased pressure on the Federal Reserve to cut interest rates this year.
The chairman of French car maker Renault said he was confident of reaching an agreement with partner Nissan on the composition of the Japanese company's main board committees.
U.S. President Donald Trump said on Wednesday he is sure China and Hong Kong will be able to work things out after mass protests against an extradition bill that would allow people to be sent to mainland China for trial descended into chaos.
The grounded Boeing Co 737 MAX is "highly likely" to be flying by mid-August, American Airlines Group Inc Chief Executive Doug Parker told shareholders on Wednesday.
French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government's interference at the carmaker, sources told Reuters, raising questions over Senard's future.
A David and Goliath battle is brewing in the business of selling prescription medicines for pets, pitching veterinarians against online giants moving into this lucrative corner of the growing market for animal supplies.
Wall Street's main indexes dipped on Wednesday over worries of a prolonged U.S.-China trade war after Washington toughened its stance, but losses were cushioned by a muted reading on inflation that backed the case for an interest rate cut.
U.S. President Donald Trump said on Wednesday he is sure China and Hong Kong will be able to work things out after mass protests against an extradition bill that would allow people to be sent to mainland China for trial descended into chaos.
Rival proposals for European patent guidelines covering technology vital for building self-driving cars and internet-linked vehicles have set tech firms and carmakers on a collision course.
While government programs can offer assistance following a hurricane or other major weather event, it's not guaranteed and it's not all free.
Comcast Corp will more than double its investment in European original programming and start an in-house studio at its European unit Sky after Sky's success with the mini-series "Chernobyl," the company said on Wednesday.
Cramer says the biggest concern for Apple shareholders should be around what President Trump does next in the U.S.-China trade war.
Basketball superstar Kevin Durant's injury may have reshaped the outlook of the NBA's upcoming free agency period, but it also sent ripples through Wall Street.
Howard Marks is worried to hear investors say "this time it's different" or openly wonder if the bull market "can only get better forever."
The United States is open to dialogue to resolve trade differences with India by allowing Americans companies more access to Indian markets, U.S. Secretary of State Mike Pompeo said on Wednesday ahead of a visit to New Delhi later this month.