UBS, Goldman warn market could be overstating odds of Fed rate cut
In his speech on Tuesday, Powell stressed that policymakers would respond if inflation remains persistently low.
Lawsuit: Drugmaker improperly used charity to pay kickbacks
Federal prosecutors say a pharmaceutical firm improperly used a charity to pay kickbacks that subsidized Medicare patients' copayment obligations, allowing the firm to keep raising prices for the drug.
European Central Bank extends date of earliest interest rate increase to mid-2020 instead of end of year
European Central Bank extends date of earliest interest rate increase to mid-2020 instead of end of year.
Robot baristas are latest front in S. Korea automation push
Robots are coming to South Korea's vibrant coffee culture, where crowds of lunchtime customers queuing at cafes are a daily sight.
World stocks advance ahead of European Central Bank update
Asian stocks were mostly lower on Thursday as traders kept a close watch on impending U.S. tariffs on Mexico while trade talks with Beijing remained at a standstill.
Bernie Sanders’ proposals will kill economic growth: Fmr. CKE Restaurants CEO Andy Puzder
Bernie Sanders should be proposing policies that encourage economic growth, said Andy Puzder
China says list of 'unreliable' foreign firms coming soon
China's Commerce Ministry says it will release a list of "unreliable" foreign companies in the near future.
India's central bank cuts lending rate to 5.75%
India's central bank has cut its key interest rate by a quarter of a percentage point to 5.75% from 6% with immediate effect to fortify the economy as consumer spending and corporate investment falter.
Asian stocks mixed after Trump threatens Mexico tariffs
Investors pushed U.S. stocks higher in early trading Wednesday on Wall Street and extended a rally prompted by signs that the Federal Reserve is willing to cut rates to reinforce economic growth.
Trump sees progress in Mexico talks but 'not nearly enough'
Republican senators are declaring deep opposition to President Donald Trump's threatened tariffs on all goods coming into the U.S. from Mexico.
Interest rate cuts over trade risks would be ‘horrible mistake,’ David Stockman says
Former Reagan Budget Director David Stockman says interest rates should be normalized.
The Latest: Mexican official says tariff talks will continue
The Latest on President Donald Trump's threatened tariffs on goods coming from Mexico (all times local): 11:20 a.m.
Business Highlights
___ Mexican officials try to stave off tariffs at White House WASHINGTON (AP) — Mexican and U.S. officials met late into the day Tuesday at the White House trying to stave off President Donald Trump's threatened tariffs on all Mexican goods flowing into the United States.
How major US stock indexes fared Wednesday
Stocks finished higher on Wall Street for the second straight day Wednesday, extending the market's strong gains from the previous day.
Trump's Mexico tariffs could raise US car prices by more than $1K
Mexico was the second-largest export market last year for the U.S.
Markets Right Now: Stocks rise again, though energy tanks
The latest on developments in financial markets (all times local): 9:35 a.m.
Fed's Beige Book reports moderate economic growth in late spring
Almost all of the Fed’s 12 districts reported some gains over the past few months, the Fed said.
Trump tells Mexico to 'step up' after top trade advisor casts doubt on new tariffs
White House trade advisor Peter Navarro on Thursday said the tariffs "may not have to go into effect."
Trade war comes to Louisville, Jack Daniels takes tariff hit
The company that makes Jack Daniels took a hit from the Trump administration's tariff fight, estimating that the standoff dragged sales growth down by a percentage point for the entire year.
The Latest: Amid trade war, China's Xi heads to Moscow
The Latest on rising trade tensions between the U.S. and China (all times local): 12:20 p.m. Chinese President Xi Jinping is talking up the Chinese economy's resilience as he heads to Moscow for a state visit affirming increasingly close ties between the former Cold War rivals.














