December 11, 2019

Wall Street posts modest gain as Fed signals rates to hold for some time

Wall Street’s main stock indexes ended modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely […]
December 11, 2019

Fed keeps rates on hold, points to ‘favorable’ economic outlook next year

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs will not change anytime soon, with moderate economic growth and historically low […]
December 11, 2019

Continental Resources founder Hamm to step down as CEO

Legendary U.S. oilman Harold Hamm, who once called the Organization of the Petroleum Exporting Countries a “toothless tiger,” will step down as chief executive of Continental […]
December 11, 2019

Fed keeps interest rates on hold amid ‘favorable’ outlook

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low […]
December 11, 2019

Instant View: Fed stands pat on rates, expects no change in 2020

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low […]
December 11, 2019

Wall Street gains modestly after Fed signals rates to hold steady for some time

Wall Street’s main stock indexes moved modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely […]
December 11, 2019

Nestle sells U.S. ice cream brands to joint venture Froneri in $4 billion deal

Nestle SA has agreed to sell its U.S. ice cream business to Froneri in a deal valued at $4 billion, moving control of brands including Häagen-Dazs […]
December 11, 2019

Oil drops on surprise U.S. crude build but tariff deadline eyed

Oil prices dropped almost 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of […]
December 11, 2019

Gasoline, rents lift U.S. consumer inflation in November

U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve’s intention to keep interest rates steady indefinitely after […]
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