September 18, 2019

Comcast gives away Xfinity Flex TV device, pounding shares of Roku

Comcast Corp said on Wednesday it will offer internet customers a free streaming media set top box that works with other services, stepping up competition with […]
September 18, 2019

GM to temporarily lay off 1,300 workers in Canada: CNBC

General Motors Co plans to temporarily lay off 1,300 workers at its final assembly plant in Oshawa, Canada due to a slowdown at United States plants […]
September 18, 2019

Fed does the ‘right thing’ in supporting repo market: JPMorgan’s Dimon

JPMorgan Chase & Co Chief Executive Jamie Dimon credited the U.S. Federal Reserve on Wednesday with doing the “right thing” in supporting the overnight funding needs […]
September 18, 2019

U.S. trade groups urge Congress to rein in ‘Tariff Man’ Trump

Nearly two dozen U.S. lobbying groups have joined forces to try to rein in U.S. President Donald Trump’s power to unilaterally impose tariffs amid growing concern […]
September 18, 2019

Fed’s job gets more complex as fed funds rate moves out of bounds

Stress in U.S. money markets loomed over a Federal Reserve policy meeting on Wednesday with new data showing that the central bank’s target interest rate had […]
September 18, 2019

U.S. fed funds rate breaks above Fed’s target range

A key interest rates the Federal Reserve aims to influence to control monetary policy broke above the top-end of the central bank’s target range for the […]
September 18, 2019

Instant view: U.S. fed funds rate breaks above Fed’s target range

A key interest rates the Federal Reserve aims to influence to control monetary policy broke above the top-end of the central bank’s target range for the […]
September 18, 2019

Analyst view: Fed’s day two of cash injection into U.S. banking system

As if the U.S. Federal Reserve didn’t already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside the […]
September 18, 2019

Fed pumps more cash as key rate breaks above target

The Federal Reserve injected another $75 billion into a U.S. banking system on Wednesday, restoring a measure of order after a bout of extreme volatility inside […]
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