December 21, 2018

Williams soothes markets, says Fed listening and could change policy

The Federal Reserve is listening to the concerns of markets and open to changing its policy views next year, one its most influential members said on […]
December 21, 2018

Biotech swoon adds to Nasdaq’s pain as bear market looms ever closer

As the Nasdaq Composite continues to stumble its way toward a bear market, biotech shares are worsening the collapse of the tech-heavy index. Powered by WPeMatico
December 21, 2018

Online clothing retailers hunt for better fit to cut costly returns

Models testing fashion brands like Adidas, Benetton and Gap are finding that almost a third of the shoes and clothes they try on are bigger or […]
December 21, 2018

Futures pare losses after U.S. GDP data

U.S. stock futures were slightly lower on Friday, cutting earlier losses after encouraging economic data, but were still pressured by worries over slowing global growth and […]
December 21, 2018

Zynga buys Empires & Puzzles gamemaker in largest deal to date

U.S. game software firm Zynga Inc said on Thursday it would buy a majority stake in Finland’s Small Giant Games, maker of the popular Android game […]
December 21, 2018

Exclusive: Global traders halt new Iran food deals as U.S. sanctions bite – sources

Cargill, Bunge and other global traders have halted food supply deals with Iran because new U.S. sanctions have paralyzed banking systems required to secure payments, industry […]
December 21, 2018

U.S. third-quarter growth trimmed; business spending slowing

The U.S. economy slowed slightly more than previously estimated in the third quarter and momentum appears to have moderated further in the fourth quarter, with new […]
December 21, 2018

Global growth worries, U.S. government shutdown threat hit stocks

World stocks extended a steep sell-off on Friday as the threat of a U.S. government shutdown and further hikes in U.S. borrowing costs compounded investor anxieties […]
December 21, 2018

U.S. auto sales seen falling 1 percent in Dec – J.D. Power, LMC

The pace of U.S. vehicle sales is set to slow for the sixth straight month in December despite aggressive discounts from manufacturers, according to industry consultants […]
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