Stocks rally anew; euro bonds rise on Swedish rate move
Global equity markets extended a year-end rally on Thursday that has pushed U.S. and world stock benchmarks to record highs, while bond yields in Europe rose after Sweden stopped five years of negative interest rates, signaling the end of a sub-zero er…
Record-setting rally resumes as Mnuchin says trade deal to be signed
Wall Street’s major indexes resumed their rally with fresh records on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January.
Senior U.S. lawmaker to seek testimony of Wells Fargo’s board
A U.S. congressional committee will ask Wells Fargo & Co’s board of directors to testify about the bank’s sales scandal next year, a senior Democrat told Reuters on Thursday.
Wall Street sets records again as Mnuchin says trade deal to be signed
Wall Street’s major indexes resumed their rally with fresh records on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January.
Oil reaches three-month highs, supported by low U.S. inventories, trade progress
Oil prices reached the highest level in three months in thin pre-Christmas trading on Thursday, buoyed by the previous day’s news that U.S. crude inventories declined and as U.S.-China trade tensions continued to ease.
U.S. business borrowing for equipment falls 3% in November: ELFA
U.S. companies’ borrowings for capital investments fell about 3% in November from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday.
Markets sleepy, dollar on hold ahead of U.S. GDP data
The dollar was stalled on Thursday a day ahead of the release of U.S. gross domestic product data, little moved by weak factory activity data or President Donald Trump’s impeachment.
U.S. House set to approve North American trade deal replacing NAFTA
The U.S. House of Representatives is set to approve a rewritten North American trade deal on Thursday that includes tougher labor and automotive content rules than its predecessor, but leaves $1.2 trillion in U.S.-Mexico-Canada trade flows largely unch…
Apple held talks to add James Bond, live sports to streaming service: WSJ
Apple Inc executives met James Bond franchise-owner MGM Holdings Inc and the collegiate athletic conference Pac-12 earlier this year as part of its efforts to boost the Apple TV service, the Wall Street Journal reported https://on.wsj.com/2PEGhH7 on T…
Starbucks settles New York probe into illegal sick leave policy
Starbucks Corp agreed on Thursday to pay restitution and accept greater oversight to settle a multi-year probe finding that it had illegally required New York City employees to find substitutes when they needed to use sick leave.
