April 29, 2019

Strong U.S. growth, weak inflation leave Fed stuck happily on hold

The Federal Reserve is expected to hold interest rates steady at its policy meeting this week as policymakers balance recent stronger-than-expected U.S. economic growth against sluggish […]
April 29, 2019

Toyota to produce Lexus NX at Canada plant: sources

Toyota Motor Corp will invest hundreds of millions of dollars to produce its Lexus NX luxury crossover vehicle at a Canadian plant, sources said on Monday, […]
April 29, 2019

Wall Street climbs as tame inflation data supports dovish Fed

U.S. stocks rose on Monday, with the S&P 500 and the Nasdaq hitting record highs, as consumer spending rose in March and benign inflation data underscored […]
April 29, 2019

Analyst View: Wall Street teases out records above 2018 highs

The S&P 500 and the Nasdaq edged up to their highest intraday levels ever on Monday after data showed U.S. consumer spending surged in March, but […]
April 29, 2019

Why Airbus isn’t pouncing on Boeing’s 737 MAX turmoil

When Boeing launched its 737 MAX jetliner in response to Airbus’s record-selling A320neo, a wave of poker-faced satisfaction spread through Airbus headquarters in France. Powered by […]
April 29, 2019

Alibaba to pay $250 million to settle lawsuit over pre-IPO warning on counterfeiting

Alibaba Group Holding Ltd said on Monday it will pay $250 million to settle a U.S. lawsuit faulting the Chinese e-commerce company for concealing a regulatory […]
April 29, 2019

Oil climbs, shaking off Trump calls for OPEC to offset Iran sanctions

Oil prices edged higher on Monday, as the market attempted to resume a weeks-long rally that was halted on Friday when U.S. President Donald Trump demanded […]
April 29, 2019

Is Buffett still a buy? Wall Street splits on Berkshire Hathaway as annual meeting looms

Two longtime analysts of Berkshire Hathaway Inc appear deeply divided over prospects for the company led since 1965 by billionaire Warren Buffett, in reports issued on […]
April 29, 2019

White House still standing behind Moore for the Fed: Kudlow

A top economic adviser to President Donald Trump said on Tuesday that the White House still backs Stephen Moore for a seat on the Federal Reserve’s […]
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