August 15, 2019

Kraft, Mondelez to pay $16 million in wheat price manipulation case

The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz Co and Mondelez International Inc will pay $16 million in penalty regarding a wheat […]
August 15, 2019

Southwest Airlines expands daily service to Hawaii

U.S. budget-friendly carrier Southwest Airlines Co will add another daily flight to Hawaii from January 2020, the company said on Thursday, as it counts on leisure […]
August 15, 2019

Stocks falter, dollar recovers on renewed growth worries

The dollar recovered from early weakness but a gauge of global equity performance edged lower on Thursday as concerns about global growth offset investor optimism over […]
August 15, 2019

U.S. consumer spending strong; manufacturing struggling

U.S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, which could help to […]
August 15, 2019

China to counter latest U.S. tariffs as Trump vows deal on U.S. terms

China on Thursday vowed to counter the latest U.S. tariffs on $300 billion of Chinese goods but called on the United States to meet it halfway […]
August 15, 2019

Wall Street rises after strong retail sales data, Walmart earnings

U.S. stocks rose in choppy trading on Thursday, as strong July retail sales data and Walmart’s upbeat results eased some fears about the economy slipping into […]
August 15, 2019

Walmart’s earnings beat allays worry over tariff impact for now

U.S. retailer Walmart Inc reported strong second quarter results and raised its earnings expectations for the year, temporarily sidestepping concerns around consumer demand in the wake […]
August 15, 2019

U.S. curve inverts for first time in 12 years; 30-year yield tumbles

The U.S. Treasury yield curve temporarily inverted on Wednesday for the first time since June 2007 in a sign of investor concern that the world’s biggest […]
August 15, 2019

J.C. Penney quarterly same-store sales fall short of expectations

J.C. Penney Co Inc reported a steeper-than-expected drop in quarterly comparable-store sales on Thursday, as the struggling department store operator stopped selling appliances and furniture in […]
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