April 10, 2019

U.S. consumer prices rise solidly, but underlying trend tame

U.S. consumer prices increased by the most in 14 months in March, but the underlying inflation trend remained benign amid slowing domestic and global economic growth. […]
April 10, 2019

U.S. government posts $147 billion deficit in March

The U.S. federal government posted a $147 billion budget deficit in March, according to data released on Wednesday by the Treasury Department. Powered by WPeMatico
April 10, 2019

Oil rallies as U.S. gasoline inventory draw offsets crude build

Oil futures climbed more than 1 percent on Wednesday after U.S. data showing a deep decline in gasoline stocks overrode a rise in crude inventories to […]
April 10, 2019

Bayer shareholder Deka joins chorus of complaints over Monsanto

One of Bayer’s largest shareholders tore into the company’s management on Wednesday for underestimating the legal risks of its takeover of Monsanto, setting the stage for […]
April 10, 2019

S&P 500 flat ahead of Fed minutes

The S&P 500 was flat on Wednesday, as a drop in Boeing shares offset gains in the technology sector, while investors awaited minutes from the Federal […]
April 10, 2019

Aramco bonds’ modest gains suggest demand was inflated: sources

Saudi Aramco’s debut $12 billion bonds booked at best modest gains on Wednesday, their first trading day after some $100 billion in orders, suggesting part of […]
April 10, 2019

Tech in driver’s seat as S&P 500 flirts with record

Technology stocks are extending their leadership on Wall Street as the S&P 500 trades near its all-time high, with Advanced Micro Devices Inc , Xilinx Inc […]
April 10, 2019

Delta lifts 2019 revenue forecast after quarterly beat

Delta Air Lines Inc on Wednesday lifted its 2019 revenue forecast after reporting better-than-expected quarterly profits, boosted by robust travel demand and a renewed agreement with […]
April 10, 2019

U.S. bank CEOs face off with Congress for the first time since financial crisis

Chief executives of some of the largest U.S. banks appeared before Congress on Wednesday, giving lawmakers their first opportunity to grill the lenders since the 2007-2009 […]
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