Wall Street wavers as investors eye trade talks, growth fears
Wall Street see-sawed on Monday, rarely straying far from opening levels as investors eyed ongoing U.S.-China trade talks, potential congressional gridlock and a diminished 2019 earnings outlook.
U.S., China upbeat on trade talks, but South China Sea tensions weigh
U.S. and Chinese officials expressed hopes on Monday that a new round of talks would bring them closer to easing their seven-month trade war, but a U.S. Navy mission through the disputed South China Sea cast a shadow over the negotiations in Beijing.
Traders expect Cushing builds as refinery issues add to swelling supply
U.S. crude traders are bracing for increasing supplies at Cushing, Oklahoma, the delivery point for benchmark crude futures, as unexpected refinery issues add to inventories that are already at the highest in more than a year.
Home services site Handy has furniture assembly deal with Crate and Barrel
Home furnishings retailer Crate and Barrel will partner with home services platform Handy to offer furniture assembly and home decor installation across the United States, joining a growing list of big box retailers seeking to win over shoppers with ha…
Wall Street stalls as trade deal hopes muted by growth fears
Wall Street languished near the starting gate in mid-afternoon trading on Monday as investor hopes over U.S.-China trade talks were muted by concerns about possible congressional gridlock and a diminished 2019 earnings outlook.
Reddit valued at $3 billion after raising $300 million in latest funding round
Social media network Reddit Inc said on Monday it raised $300 million in its latest funding round, led by Tencent Holdings Ltd, giving it a market valuation of $3 billion.
Wall Street falters on prospects of another government shutdown
U.S. stocks gave up early gains and were struggling for direction on Monday, as investors weighed the possibility of another partial government shutdown and trade talks between the world’s two largest economies resumed in Beijing.
Public confidence in inflation policy key to containing prices: paper
Keeping the public confident inflation will be contained is key to keeping price rises contained, San Francisco Federal Reserve economists said in a paper on Monday that also suggested the unemployment level is all but irrelevant to the inflation traje…
Exclusive: International development banks criticize Romania over bank tax plans
Two major international development banks, the European Bank for Reconstruction and Development and the International Finance Corporation, have formally complained to the Romanian government about proposed new banking sector taxes.
Exclusive: Bayer’s Monsanto wins arbitration ruling over royalties from Indian seed company
German drugmaker Bayer AG’s Monsanto unit has won proceedings against Indian seed maker Nuziveedu Seeds Ltd (NSL) in a royalty dispute, lawyers familiar with the matter said.
