Wall Street

U.S. Banks See Record Profits in 2016

The U.S. banking industry booked record profits last year, according to regulatory data released on Tuesday, as lenders grew a stronger book of loans and fewer banks failed.

Futures higher after Abe election victory

U.S. stock index futures pointed to a higher open for Wall Street on Monday, tracking gains for other major stock markets after Japanese Prime Minister Shinzo Abe's election victory.

Amazon, tech surge drive big Nasdaq gains

Strong earnings from tech giants and Apple's upbeat statement on its iPhone X demand lifted the Nasdaq Composite index 2 percent and led the gains on Wall Street.

Saudi state budget deficit shrinks nearly 10% in third quarter

Saudi Arabia's state budget deficit shrank nearly 10 percent from a year earlier in the third quarter of 2017, keeping the government on track to meet its full-year target for strengthening its finances, official data showed on Sunday.

Saudi state budget deficit shrinks nearly 10% in third quarter

Saudi Arabia's state budget deficit shrank nearly 10 percent from a year earlier in the third quarter of 2017, keeping the government on track to meet its full-year target for strengthening its finances, official data showed on Sunday.