January 13, 2020

Visa to buy fintech startup Plaid in $5.3 billion deal

Visa Inc has agreed to buy privately held financial technology startup Plaid Inc in a $5.3 billion deal, the payments processor said on Monday. Powered by […]
January 13, 2020

Fed’s Bostic: ‘High bar’ to any rate hike given need to raise inflation

There is a “high bar” to the U.S. Federal Reserve raising interest rates given the need to raise inflation and guard against any drop in inflation […]
January 13, 2020

Fed on hold, but will financial risks matter?

U.S. Federal Reserve officials may be in broad agreement that interest rates are unlikely to change soon, but they differed Monday on how concerned they are […]
January 13, 2020

Stocks hit record ahead of U.S.-China trade deal, dollar gains

Bond yields edged higher while a gauge of global equity markets hit a record high on Monday, lifted by optimism over the planned signing this week […]
January 13, 2020

Oil falls 1% as focus shifts to high U.S. fuel stocks

Oil prices fell about 1% on Monday as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following last week’s bearish U.S. […]
January 13, 2020

Wall Street hits record, boosted by trade and earnings optimism

Apple and other tech favorites propelled Wall Street to record highs on Monday, fueled by optimism about the signing of a preliminary U.S.-China trade deal, as […]
January 13, 2020

Amazon to ramp up counterfeit reporting to law enforcement

Amazon.com Inc is planning to give more data on counterfeit goods to law enforcement in a further crackdown on fakes listed on its e-commerce sites, a […]
January 13, 2020

Boeing’s worst year in decades

Boeing’s new Chief Executive Officer David Calhoun started work on Monday, inheriting a company that is reeling from the effects of two fatal crashes which led […]
January 13, 2020

New Boeing chief executive: planemaker can be ‘much better’

Boeing Co’s new chief executive, David Calhoun, assumed the job on Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX […]
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