Fed’s Yellen says gradual hikes should continue despite weak inflation The Federal Reserve needs to continue gradual rate hikes despite broad uncertainty about the path of inflation, Fed Chair Janet Yellen said on Tuesday in remarks that acknowledged the central bank’s struggles to forecast one of its key policy objectives. […]
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Business
U.S. consumer confidence slips; new home sales hit eight-month low U.S. consumer confidence slips; new home sales hit eight-month low: U.S. consumer confidence fell in September and home sales dropped to an eight-month low in August due to the impact of Hurricanes Harvey and Irma, supporting the view that the […]
Bombardier would not pick up tab for duties on CSeries jet Bombardier would not pick up tab for duties on CSeries jet: Canada’s Bombardier Inc is unwilling to swallow the extra cost for airlines if the United States slaps duties on its CSeries jet and is keen to press ahead […]
U.S. slaps steep duties on Bombardier jets after Boeing complaint The U.S. Commerce Department on Tuesday slapped preliminary anti-subsidy duties on Bombardier Inc’s CSeries jets after rival Boeing Co accused Canada of unfairly subsidizing the aircraft, a move likely to strain trade relations between the neighbors. The department said it […]
Top NAFTA negotiators join talks as U.S. presents draft text on labor Top NAFTA negotiators join talks as U.S. presents draft text on labor: The United States on Tuesday unveiled draft text on labor standards during the negotiations on modernizing the North American Free Trade Agreement as top officials from […]
Global stocks off after North Korea says U.S. declared war euro slides Global stocks off after North Korea says U.S. declared war euro slides: Stocks fell on Wall Street and U.S. government bond yields dropped on Monday after North Korea accused the United States of having declared war on the […]
Asian shares wilt yen firms as Korean tensions rise Asian shares wilt yen firms as Korean tensions rise: Asian shares withered on Tuesday and the yen firmed against the backdrop of rising tensions on the Korean Peninsula, and as investors awaited fresh signals about the U.S. monetary policy outlook. MSCI’s […]
Trade Commission Ruling Boosts U.S. Solar Stocks Trade Commission Ruling Boosts U.S. Solar Stocks:- U.S. solar stocks are heading into the week on a high note following the U.S. International Trade Commission’s preliminary ruling that cheap imported solar panels are a threat to domestic solar producers. The ruling leaves the […]
Toshiba tells banks chip deal delayed as Apple yet to approve Toshiba tells banks chip deal delayed as Apple yet to approve: Toshiba Corp (6502.T) told its main banks on Monday it has not signed the $18 billion sale of its semiconductor business because Apple Inc (AAPL.O), a member of […]
Wall St. declines on tech selloff, North Korea concern Wall St. declines on tech selloff, North Korea concern: Wall Street dipped on Monday, as a selloff in technology shares weighed heavily on the Nasdaq, while the most recent statement from North Korea’s to Washington added to a cautious tone. North […]
