August 16, 2019

Lower rates could boost housing stocks, but risks remain

Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries about the economy, while a bonanza of industry data and […]
August 16, 2019

U.S. judge urges VW, SEC to resolve civil Dieselgate suit

A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen AG to resolve a civil suit stemming from its Dieselgate […]
August 16, 2019

Oil rises alongside equities, but weak OPEC outlook caps gains

Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns. Powered by […]
August 16, 2019

Tyson recalls nearly 40,000 pounds of Weaver chicken patties

Tyson Foods Inc is recalling nearly 40,000 pounds of its Weaver chicken patties after some consumers found pieces of rubber in the product, the no. 1 […]
August 16, 2019

U.S. housing market mired in weakness; consumer sentiment ebbs

U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction of multi-family housing units, but a jump in permits […]
August 16, 2019

Wall Street boosted by stimulus hopes

Wall Street’s three main indexes rose more than 1% on Friday, clawing back some losses from a brutal selloff this week on hopes of more stimulus […]
August 16, 2019

Rental firm walks away from Tesla order after quality dispute

Car rental company Nextmove has walked away from a 5 million euros ($5.55 million) order for 85 Tesla Model 3 electric vehicles following a dispute over […]
August 16, 2019

U.S. drillers add oil rigs for first week since June: Baker Hughes

U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite plans by most producers to cut […]
August 16, 2019

Wall Street Week Ahead: Lower rates could boost housing stocks, but risks remain

Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries about the economy, while a bonanza of industry data and […]
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