January 18, 2019

White House adviser Kudlow says making progress on China trade talks

White House economic adviser Larry Kudlow said on Friday that the United States and China were making progress on trade negotiations but reaching a deal would […]
January 18, 2019

Fed’s Brainard sees mounting negative risks for U.S. economy

Federal Reserve Governor Lael Brainard on Friday became the latest U.S. central banker to worry publicly about rising risks for the U.S. economy, suggesting she could […]
January 18, 2019

LJM Partners sues unnamed ‘manipulators’ it blames for volatility losses

LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year’s jump […]
January 18, 2019

FedEx to take up to $575 million charge as it starts voluntary buyouts

FedEx Corp said on Friday it could take as much as $575 million in charges as it began offering voluntary cash buyouts to certain U.S-based employees […]
January 18, 2019

Wall Street extends rally on U.S.-China trade optimism

U.S. stocks rallied on Friday, helping Wall Street’s major indexes advance for the fourth consecutive week, as increased hopes the United States and China would resolve […]
January 18, 2019

Luxury online reseller The RealReal in talks with banks for IPO: sources

U.S. online luxury reseller The RealReal Inc is talking to investment banks about the possibility of an initial public offering (IPO) later this year, people familiar […]
January 18, 2019

Stocks rally on trade hopes, dollar has first weekly gain of 2019

World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December […]
January 18, 2019

Morgan Stanley CEO James Gorman pay rises 7 percent to $29 million: filings

Morgan Stanley Chief Executive James Gorman’s overall pay rose 7 percent to $29 million last year during a period that saw the firm’s net revenues rise […]
January 18, 2019

Netflix shares fall as weak forecast dampens investor optimism

Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast […]
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