Even as record highs this week in the major U.S. stock indexes telegraph confidence on Wall Street, caution abounds in other U.S. markets, where falling bond yields and flailing small-cap stocks indicate investors are torn about where to place bets.
WASHINGTON: US job creation roared back to life in June, wiping away fears of a slowdown but calling into question a hoped-for interest rate cut from the Federal Reserve despite months of public pressure from President Donald Trump. After an unexpectedly weak May, the vigorous June rebound ...
Wall Street stocks retreated from records and lost ground on Friday (Jul 5) after a better-than-expected US jobs report was seen as lessening the chances of a hoped-for Federal Reserve interest rate cut.
U.S. stock futures edged lower, on Friday, as investors awaited the monthly jobs data, which could offer clues on the Federal Reserve's move on interest rates.
On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering white yacht in a Havana harbor and says he can help Cuba evade the U.S. government too - by launching a cryptocurrency that defeats a U.S. trade embargo.
Mexico is working closely with U.S. Trade Representative Robert Lighthizer to close a loophole in the new North American trade deal, aimed at satisfying demands of U.S. Democratic lawmakers for tougher labor and environmental provisions, a senior Mexican official said.
ROME: Italy's biggest phone company, Telecom Italia (TIM), plans to extend 5G services to six more Italian cities as well as dozens of tourist spots and business hubs by the end of the year. The former monopoly unveiled its 5G mobile services plan on Friday. It is also negotiating...
U.S. employers are hiring workers at a brisk pace, but that is only making the Federal Reserve's job harder.
SINGAPORE: Food and beverage outlet operator Spize has been fined S$20,000 after the personal data of about 150 customers was disclosed on its online ordering portal in 2017. In the grounds of decision dated Thursday (Jul 4), which was published on the Personal Data Protection Commission (PDPC) ...
BMW board member Oliver Zipse, a 55 year-old company veteran, is the front runner to become the carmaker's new chief executive, sources said on Friday after Harald Krueger announced he would not stay on beyond April 2020.
