June 7, 2019

Wall St. rallies on hopes of U.S. rate cut, trade progress

Wall Street’s major indexes charged higher on Friday, as sharply slowing U.S. job growth boosted hopes for Federal Reserve interest rate cuts while optimism about potential […]
June 7, 2019

Trump sees ‘good chance’ of Mexico migration deal as clock ticks down to tariffs

U.S. President Donald Trump said on Friday there was a “good chance” that the United States would be able to reach a deal with Mexico over […]
June 7, 2019

Hey big spender – how luxury brands are raising the stakes on Instagram

Big-spending luxury brands like Gucci, Louis Vuitton and Christian Dior are splashing out on everything from dance-fuelled fashion shows to teams of advisers as they target […]
June 7, 2019

Beyond Meat top choice for Wall Street after bullish results

Shares of Beyond Meat Inc surged 27% on Friday after the vegan burger maker forecast that sales would more than double overall in 2019 after they […]
June 7, 2019

UBS switches stance with plan to offer $113 million tax settlement in Italy

UBS looks set to agree a 100 million euro ($113 million) settlement of a money laundering and tax case in Italy within the next few weeks, […]
June 7, 2019

Anadarko pressed Occidental for cash, expecting investor opposition: filing

Anadarko Petroleum repeatedly spurned rival Occidental Petroleum’s approaches and pushed for all-cash offers, fearing the market’s reaction to the blockbuster $38 billion deal, according to securities […]
June 7, 2019

Wall Street rallies on rate cut hopes, trade optimism

Wall Street’s main indexes rose about 1% on Friday, as a sharp slowdown in U.S. job growth raised hopes of an interest rate cut, with Washington’s […]
June 7, 2019

Traders bet U.S. hiring slowdown will speed Fed rate cuts

The Federal Reserve is just about done being patient. Powered by WPeMatico
June 7, 2019

Weak U.S. employment report casts pall over economy

U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading […]
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