August 22, 2019

Two Fed officials see no case for rate cut now; Kaplan ‘open-minded’

Two Federal Reserve officials on Thursday said they see no need for an interest rate cut next month, while another said he was “open-minded,” highlighting policymakers’ […]
August 22, 2019

Trump set to discuss biofuels Thursday with USDA, EPA: sources

U.S. President Donald Trump, faced with mounting anger in the farm belt over policies that allow oil refineries to use less corn-based ethanol, summoned Cabinet members […]
August 22, 2019

Stocks edge lower as investors eye Fed’s Jackson Hole meeting

An index of stock markets worldwide crept lower on Thursday on uncertainty over the outlook for U.S. interest rate cuts and weak U.S. manufacturing data that […]
August 22, 2019

U.S. transport chief names aviation safety advisory panel

U.S. Transportation Secretary Elaine Chao on Thursday named 22 people to a new panel that will advise the department on aviation safety oversight and certification programs […]
August 22, 2019

S&P 500, Nasdaq fall after gloomy data; Fed officials dampen rate cut hopes

The benchmark S&P 500 and the Nasdaq fell on Thursday after weak U.S. manufacturing data raised concerns about the health of the economy, with comments from […]
August 22, 2019

Thyssenkrupp in talks to buy steel trader Kloeckner: Handelsblatt

German industrial group Thyssenkrupp is in talks to buy metals distributor Kloeckner & Co in a move to strengthen its steel business, Handelsblatt reported on Thursday […]
August 22, 2019

Markets doubt Fed’s ability to defend economy, spur inflation

The U.S. Federal Reserve wanted to do two things when it cut rates for the first time in a decade last month: Support the economy and […]
August 22, 2019

Oil eases as Fed’s Jackson Hole meeting gets underway

Oil prices weakened on Thursday as worries about the global economy weighed and equity markets were under pressure as uncertainty over the outlook for U.S. interest […]
August 22, 2019

Two Fed officials see no case for rate cut at this time

Two Federal Reserve officials on Thursday said they see no need for an interest rate cut widely expected next month by markets, highlighting policymakers’ divisions over […]
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