Stocks rally on expected Fed rate cuts; euro on defensive
Asian stocks advanced on Thursday, tracking solid gains on Wall Street as data pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve as soon as this month.
Oil prices edge down, pressured by U.S. supply
Oil prices inched lower on Thursday after solid gains the day before, pressured by data showing a smaller-than-expected decline in U.S. crude stockpiles.
Stocks rally again on expected Fed rate cuts; euro on defensive
Asian stocks advanced on Thursday, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve.
Boeing makes $100 million pledge for 737 MAX crash-related support
Boeing Co said on Wednesday it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the deadly crashes of its 737 MAX planes in Indonesia and Ethiopia.
Pricier grills but cheaper meat: how Trump’s trade policy plays on July 4
U.S. consumers likely paid more for grills to cook their Independence Day hot dogs and burgers this year because of the U.S.-China trade war, but they will find some consolation in less costly meat for cookouts as tariffs curb U.S. exports.
U.S. reviews export requests to Huawei with ‘highest scrutiny’: Commerce Department
The U.S. government said on Wednesday it was reviewing license requests from U.S. companies seeking to export products to China’s Huawei Technologies Co Ltd “under the highest national security scrutiny” since the company is still blacklisted.
U.S. judge blocks Qualcomm effort to put antitrust ruling on hold
A U.S. judge on Wednesday ruled against Qualcomm Inc’s effort to block the implementation of a sweeping antitrust ruling against it as the mobile chip supplier pursues an appeal that could take more than a year to wind through the courts.
Facebook, privacy activist Schrems face off in July 9 court hearing
Facebook will face Austrian privacy activist Max Schrems next week at Europe’s top court in a landmark case that could affect how hundreds of thousands of companies transfer personal data worldwide as well as Europeans’ privacy rights.
U.S. reviewing requests to export to Huawei with ‘highest scrutiny’ -Commerce Dept
The U.S. government said on Wednesday it was reviewing license requests from U.S. companies seeking to export products to China’s Huawei Technologies Co Ltd “under the highest national security scrutiny,” since the company is still blacklisted.
Boeing pledges $100 million to help 737 MAX crash families
Boeing Co said on Wednesday it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the deadly crashes of its 737 MAX planes in Indonesia and Ethiopia.
