December 4, 2018

As markets turn, Fed says it is not fazed

U.S. Federal Reserve officials convinced the massive U.S. bond market has fundamentally changed in the last decade are about to test their commitment to that idea […]
December 4, 2018

Wall Street drops 2 percent, spooked by growth and trade worries

Wall Street tumbled more than 2 percent on Tuesday, led lower by bank and industrial shares, as the U.S. bond market sent worrisome signs about economic […]
December 4, 2018

Stocks slammed, yield curve flattens on trade doubts, growth worries

U.S. stocks plunged on Tuesday and more points along the Treasury yield curve inverted as doubts arose over a speedy resolution to the U.S.-China trade dispute […]
December 4, 2018

EU ministers fail to break digital tax deadlock

European Union finance ministers failed to agree a tax on digital revenues on Tuesday, despite a last minute Franco-German plan to salvage the proposal by narrowing […]
December 4, 2018

Ireland still concerned about EU digital tax despite new proposal: minister

Ireland’s finance minister poured cold water Tuesday on a new Franco-German proposal for a European tax on companies’ digital revenues, saying it failed to address his […]
December 4, 2018

U.S. judge concerned over government nod for CVS-Aetna deal

A federal judge who has been asked to sign off on the U.S. government’s decision to approve CVS Health Corp’s acquisition of insurer Aetna Inc said […]
December 4, 2018

Volkswagen says it may use Ford’s U.S. manufacturing capacity

Volkswagen’s chief executive said on Tuesday after a meeting at the White House that the German automaker was building an alliance with Ford Motor Co and […]
December 4, 2018

If Iran can’t export oil from Gulf, no other country can, Iran’s president says

Iranian President Hassan Rouhani made an apparent threat on Tuesday to disrupt other countries’ oil shipments through the Gulf if Washington presses ahead with efforts to […]
December 4, 2018

Trump says if no China trade deal possible, ‘I am a Tariff Man’

U.S. President Donald Trump on Tuesday held out the possibility of an extension of the 90-day trade truce with China but warned he would revert to […]
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