Exclusive: Fed’s Williams says new economic outlook necessary for rate hikes
New York Fed President John Williams on Tuesday said he was comfortable with the level U.S. interest rates are at now and that he sees no need to raise them again unless economic growth or inflation shifts to an unexpectedly higher gear.
Brent dips as demand worries weigh, U.S. oil prices hit 2019 high
Oil prices were mixed on Tuesday as concerns about global crude oil demand and uncertainty over the latest round of U.S.-China trade talks countered investor optimism around tightening supplies.
Ford’s truck exit from South America to cost 2,700 jobs
Ford Motor Co said on Tuesday it would exit its heavy commercial truck business in South America in a plant closing that could cost more than 2,700 jobs, part of a global restructuring meant to end losses in different regions.
Trump says March 1 deadline for China trade talks not ‘magical’ date
U.S. President Donald Trump said on Tuesday that trade talks with China were going well and suggested he was open to pushing off the deadline to complete negotiations, saying March 1 was not a “magical” date.
Wall Street ekes out gains on upbeat Walmart results
U.S. stocks gained modestly on Tuesday as upbeat results from Walmart boosted investor sentiment and high-level U.S.-China trade talks resumed.
Honeywell-Pratt venture protests GE’s Army helicopter contract
A joint venture of Honeywell International Inc and Pratt & Whitney on Tuesday protested the U.S. Army’s decision to award General Electric Co a $517 million contract for new Black Hawk and Apache helicopter engines.
U.S. wants pledge for stable Chinese yuan as talks resume: report
The United States is seeking to secure a pledge from China it will not devalue its yuan as part of an agreement intended to end the countries’ trade war, Bloomberg reported on Monday.
U.S. wants pledge for stable Chinese yuan as talks resume: report
The United States is seeking to secure a pledge from China it will not devalue its yuan as part of an agreement intended to end the countries’ trade war, Bloomberg reported on Monday.
Ford exiting heavy truck business in South America
Ford Motor Co said on Tuesday it would exit its heavy commercial truck business in South America and cease production at a Brazilian plant this year as a result, part of a global restructuring meant to end losses in different regions.
Ford exiting heavy truck business in South America
Ford Motor Co said on Tuesday it would exit its heavy commercial truck business in South America and cease production at a Brazilian plant this year as a result, part of a global restructuring meant to end losses in different regions.
