April 23, 2019

White House’s Kudlow says end to Iran oil waivers won’t hike prices

President Donald Trump’s decision to end all waivers that allowed importers of oil from Iran to avoid economic sanctions will not result in higher oil prices, […]
April 23, 2019

Lucid Motors names former Tesla Model S chief engineer as CEO

Electric carmaker Lucid Motors on Tuesday named Peter Rawlinson, former chief engineer of Tesla Inc’s Model S, as its chief executive officer, effective immediately. Powered by […]
April 23, 2019

U.S. new home sales hit one-and-a-half-year high on lower mortgages, prices

Sales of new U.S. single-family homes rose to a near 1-1/2-year high in March, boosted by lower mortgage rates and house prices. Powered by WPeMatico
April 23, 2019

Fed proposes blueprint for bank-controlling companies

The U.S. Federal Reserve on Tuesday proposed a framework for determining when a company has taken control of a bank and must face more rigorous oversight […]
April 23, 2019

S&P 500 flirts with record high on upbeat earnings

The S&P 500 was within striking distance of its all-time high on Tuesday as better-than-expected results from Twitter and a host of industrial companies eased concerns […]
April 23, 2019

Weak first quarter seen for U.S. refiners, but brighter summer expected

U.S. independent refiners are expected to roll out lower than expected first-quarter profits after a spate of outages, weak gasoline margins and a surge in the […]
April 23, 2019

Upbeat earnings boost Wall Street

U.S. stocks edged higher on Tuesday, as upbeat results from Coca-Cola, Twitter and a host of industrial companies allayed investor concerns about slowing profits. Powered by […]
April 23, 2019

Exclusive: After U.S. sanctions, Venezuela seeks to collect some oil payments via Rosneft

(This April 18 story corrects to make clear Reuters could not determine payments were made under the proposed arrangement, removes reference to Evrofinance Mosnarbank and clarifies […]
April 23, 2019

Lower mortgage rates, prices lift U.S. new home sales to one-and-a-half-year high

Sales of new U.S. single-family homes rose to a near 1-1/2-year high in March, boosted by lower mortgage rates and house prices. Powered by WPeMatico
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