Travel Ban, Strong Dollar Seen Putting Damper on U.S. Tourism Sector
Travel and tourism's contribution to the U.S. economy will grow at a slower pace this year than in 2016 due to a strong U.S. dollar and a perception that the country is less welcoming to foreigners, the World Travel and Tourism Council (WTTC) said.
Wall Street Flat as Banks Weigh; Adobe Rallies
U.S. stocks dipped on Friday as bank shares fell alongside Treasury yields while Adobe helped buoy the S&P tech sector and the Nasdaq Composite.
Wall Street Flat as Banks Weigh; Adobe Rallies
U.S. stocks dipped on Friday as bank shares fell alongside Treasury yields while Adobe helped buoy the S&P tech sector and the Nasdaq Composite.
Dollar Continues Slump, But Outlook Still Upbeat
The dollar fell to a five-week low on Friday, remaining under pressure for a third straight session after the Federal Reserve quashed hopes for a further bull run in the currency by keeping a gradual pace to its monetary tightening policy.
Premier: China won't devalue yuan to boost exports
China's top economic official says Beijing has no plans to devalue its yuan to boost exports and will keep its exchange rate "generally stable." Premier Li Keqiang's comments at a news conference Wednesday follow heavy spending by the central bank in currency markets to shore up the yuan's exchange rate against the dollar.
China markets buoyed by optimism over growth outlook
Chinese share benchmarks rose Monday on optimism about the economic outlook after the annual session of the National People's Congress opened in Beijing, while Tokyo's Nikkei 225 index drooped following North Korea's launch of missiles into seas near Japan.
China markets buoyed by optimism over growth outlook
Chinese share benchmarks rose Monday on optimism about the economic outlook after the annual session of the National People's Congress opened in Beijing, while Tokyo's Nikkei 225 index drooped following North Korea's launch of missiles into seas near Japan.
Wall Street Slips with Healthcare Stocks, Nasdaq Flat
U.S. stocks slipped on Thursday pressured by healthcare shares as traders cashed in gains from one of the best performing sectors so far this year.
Wall Street Higher as Fed Raises Rates
U.S. stocks were near session highs in afternoon trading on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected.
Energy Drags Wall Street Lower
U.S. stocks fell on Tuesday as oil prices dropped to their lowest since November and airlines pulled industrial stocks down as a blizzard hit the U.S. Northeast.
Energy Drags Wall Street Lower
U.S. stocks fell on Tuesday as oil prices dropped to their lowest since November and airlines pulled industrial stocks down as a blizzard hit the U.S. Northeast.
Wall Street Drifts Along, Awaits Fed Decision
U.S. stocks ended little changed in light volume on Monday, with traders eyeing a Federal Reserve meeting expected to result in an interest rate increase later this week.
Wall St Ends Up; Jobs Data Points to Economic Strength
U.S. stocks rose on Friday after a solid jobs report pointed to strength in the domestic economy and supported expectations the Federal Reserve will raise interest rates next week.
U.S. Regulators Reject Bitcoin ETF, Digital Currency Plunges
The U.S. Securities and Exchange Commission on Friday denied a request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency.
U.S. Tourism Sector Faces Squeeze of Strong Dollar, Trump Travel Ban
The U.S. travel sector is bracing for a year in which a strong dollar and uncertainty over President Donald Trump's travel ban could deter visitors, industry representatives said at the world's biggest tourism trade fair in Berlin.
U.S. Tourism Sector Faces Squeeze of Strong Dollar, Trump Travel Ban
The U.S. travel sector is bracing for a year in which a strong dollar and uncertainty over President Donald Trump's travel ban could deter visitors, industry representatives said at the world's biggest tourism trade fair in Berlin.
Wall St Ends Up Slightly; Energy Shares Rebound
A late rebound in energy shares helped U.S. stocks end a choppy session a tad higher on Thursday ahead of the U.S. monthly jobs report.
Dow, S&P 500 Dip as Energy Shares Tumble
The S&P 500 and the Dow Jones Industrial Average dipped on Wednesday as energy stocks suffered their worst drop in nearly six months.
Dow, S&P 500 Dip as Energy Shares Tumble
The S&P 500 and the Dow Jones Industrial Average dipped on Wednesday as energy stocks suffered their worst drop in nearly six months.
Pharma, Bank Stocks Pull Wall St Lower
U.S. stock prices closed lower on Tuesday as weakness in drug and financial shares sent the S&P 500 and the Dow Jones Industrial Average to their first consecutive sessions of declines in more than a month.












