July 16, 2019

Oil falls as Iran tensions seen easing

Oil prices turned lower on Tuesday, falling more than 3% after U.S. President Donald Trump said progress has been made with Iran, signaling tensions could ease […]
July 16, 2019

U.S. retail sales data dents stocks, lifts Treasury yields

A gauge of global equities lost ground on Tuesday and U.S. Treasury yields moved higher as a stronger-than-anticipated report on retail sales raised the possibility the […]
July 16, 2019

SEC reaches $60 million settlements involving ex-American Realty executives

Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it, have reached more than $60 million in settlements with the […]
July 16, 2019

Wall Street muted after mixed bank earnings

U.S. stock indexes treaded water on Tuesday as Wall Street’s big banks swung between gains and losses after their quarterly results drew mixed reactions from investors. […]
July 16, 2019

Strong U.S. retail sales boost economic outlook

U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy […]
July 16, 2019

U.S. manufacturing output climbs for second month in June

U.S. manufacturing output accelerated in June, climbing for the second straight month, thanks in large part to increased production of motor vehicles and parts. Powered by […]
July 16, 2019

U.S. business inventories rise moderately in May

U.S. business inventories rose moderately in May as sales rebounded, suggesting that inventory accumulation could have been a drag on economic growth in the second quarter. […]
July 16, 2019

Senate opens hearing into Facebook plans for Libra cryptocurrency

U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw […]
July 16, 2019

Wells Fargo posts higher profit on cost controls, rise in loans

Wells Fargo & Co reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from lower costs. Powered by WPeMatico
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