China pledges to buy ‘substantial amount’ of U.S. goods: USTR
China has pledged to purchase “a substantial amount” of agricultural, energy and manufactured goods and services from the United States, the U.S. Trade Representative’s office said on Wednesday after U.S.-China trade talks wrapped up in Beijing.
More Fed officials say caution is needed before more rate hikes
Another clutch of U.S. Federal Reserve officials said on Wednesday they would be cautious about any further increases in interest rates so that the central bank could assess growing risks to an otherwise solid U.S. economic outlook.
Amazon CEO Jeff Bezos and wife MacKenzie set to divorce
Billionaire Jeff Bezos, founder and chief executive of Amazon.com Inc, and wife MacKenzie Bezos, are divorcing after 25 years of marriage, the couple said in a joint statement on Twitter on Wednesday.
Wall Street rallies for fourth day on trade deal hopes
U.S. stocks rose for a fourth straight day on Wednesday, as gains in energy and technology stocks added to optimism over signs of progress in U.S.-China trade talks.
Bostic: Fed should let economy run for ‘a while’ before further rate action
With uncertainty around trade policy and businesses skittish about the future, the Fed should let the economy “run for a while” before any further policy action, Atlanta Federal Reserve bank president Raphael Bostic said on Wednesday.
Amazon CEO Jeff Bezos, wife Mackenzie decide to divorce
Amazon.com Inc Chief Executive Officer Jeff Bezos and wife MaCkenzie Bezos said on Wednesday they have decided to divorce after a long separation trial, Bezos posted a joint statement on Twitter . http://bit.ly/2H4kyq5
Wall Street opens higher for fourth straight day on trade hopes
U.S. stocks opened higher for a fourth straight day on Wednesday, boosted by energy and technology sectors, as well as hopes of a trade deal between the United States and China.
Exclusive: Top suspect in Vitol, Glencore Brazil bribery case arrested in U.S. – court
A Brazilian man facing allegations of bribing officials at state-run oil company Petroleo Brasileiro SA on behalf of Vitol Group [VITOLV.UL], Glencore and other major oil trading firms has been arrested in the United States, authorities said Tuesday….
Evans still sees U.S. rate hikes but cites risks, says Fed can wait a bit
The Federal Reserve can wait and use the first half of this year to assess growing risks to the otherwise solid U.S. economic outlook, an influential regional Fed president said on Wednesday, even as he stuck by an expectation to eventually raise inter…
Bostic: Fed needs to be patient, seek ‘greater clarity’ on economic risks
Firms are growing cautious and hesitant to invest, a likely drag on growth in 2019 that should leave the Fed patient about further rate increases until there is “greater clarity” about the direction of the economy, Atlanta Federal Reserve bank presiden…
