Trade wars cost U.S., China billions of dollars each in 2018
The U.S.-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology – and above all, agriculture.
Wall Street pushes higher in bid to extend rally
U.S. stocks pushed higher in a choppy session on Friday following a wild week of trading that has seen equities rebound from a prolonged slide.
Wall Street fights to extend two-day rally
U.S. stocks flitted between gains and losses on Friday, struggling to extend their rally to a third straight day and cap a week that is on pace to snap a three-week losing streak.
Wells Fargo to pay $575 million in settlement with U.S. states
Wells Fargo & Co will pay $575 million to settle claims made by U.S. states, the latest settlement as the bank works to resolve lingering investigations and legal battles stemming from its sales-practices scandal and to remove a punitive asset cap.
Oil prices steady near year-and-a-half lows ahead of New Year
Oil prices steadied on Friday after a week of volatile trading ahead of the New Year holiday, supported by a rise in U.S. equity markets but pressured by worries about a global glut of crude.
Dell returns to market with NYSE listing
Dell Technologies Inc returned to public markets on Friday, nearly six years after the company’s founder and Chief Executive Officer Michael Dell took it private in what was then the biggest buyout since the financial crisis of 2008.
Oil prices steady near year-and-a-half lows after profit-taking
Oil prices steadied on Friday after a week of volatile trading, shedding early gains on profit-taking ahead of the New Year holiday and pressured by concerns of oversupply and faltering global economic growth.
World stock markets struggle to finish strong after wild week
Investors gravitated to safe-haven assets on Friday as worries about the world economy persisted, cutting short a two-day rebound in U.S. stocks.
Wells Fargo to pay at least $500 million in settlement with U.S. states
Wells Fargo & Co will pay $575 million to settle claims made by U.S. states that the bank created phony accounts and other customer abuses, according to a statement by the Iowa attorney general’s office.
U.S. retirees try to keep cool as stocks tumble
Nancy Farrington, a retiree who turns 75 next month, admits to being in a constant state of anxiety over the biggest December stock market rout since Herbert Hoover was president.
