August 3, 2018

U.S. job growth slows in July, unemployment rate dips

U.S. job growth slowed more than expected in July as employment in the transportation and utilities sectors fell, but a drop in the unemployment rate suggested […]
August 3, 2018

U.S. TIPS breakeven rate pares gains after July payrolls data

The bond market’s gauge of investors’ inflation expectations trimmed earlier gains on Friday as nominal Treasury yields fell in the wake of government data that showed […]
August 3, 2018

Traders see two more U.S. rate hikes in 2018 after jobs data

U.S. interest rates futures held steady on Friday, suggesting traders were sticking with their view the Federal Reserve would raise key overnight borrowing costs twice more […]
August 3, 2018

China unveils retaliatory tariffs on $60 billion of U.S. goods in latest salvo

China on Friday announced retaliatory tariffs on $60 billion worth of U.S. goods ranging from liquefied natural gas (LNG) to some aircraft and warned of further […]
August 3, 2018

White House says Trump’s resolve is firm on China trade

A top White House adviser warned China on Friday not to underestimate U.S. President Donald Trump’s resolve in a brewing trade battle between the world’s two […]
August 3, 2018

China’s Unipec suspends U.S. oil imports as trade spat intensifies

China’s Unipec, the trading arm of state oil major Sinopec, has suspended crude oil imports from the United States due to a growing trade spat between […]
August 3, 2018

AIG shares slide 3 percent after executives downplay weak results

Insurer American International Group Inc slid more than three percent in morning trading on Friday after executives tried to downplay another weak earnings report and vowed […]
August 3, 2018

UK regulator confirms Disney must offer at least 14 pounds per share for Sky

Britain’s takeover regulator said on Friday that a review had confirmed its ruling that Walt Disney might have to offer at least 14 pounds a share […]
August 3, 2018

FedEx to not charge extra for most peak-season home deliveries

FedEx Corp said on Friday it would not charge customers extra fees for most packages delivered to homes during the peak holiday shopping season, except packages […]
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