Banks must face interest rate swap class action: U.S. judge Banks must face interest rate swap class action: U.S. judge: A U.S. judge on Friday said investors may pursue part of their nationwide antitrust lawsuit accusing 12 of the world’s biggest banks of conspiring to rig the $275 trillion market […]
U.S. economy speeds up in second quarter, wages continue to lag U.S. economy speeds up in second quarter, wages continue to lag: The U.S. economy accelerated in the second quarter as consumers ramped up spending and businesses invested more on equipment, but persistent sluggish wage gains cast a dark shadow […]
S&P 500 dented by earnings; Dow hits record high S&P 500 dented by earnings; Dow hits record high: The S&P 500 slipped on Friday on negative reactions to earnings reports from high-profile names such as Amazon, Exxon and Starbucks and a drop in shares of tobacco companies. The Dow industrials, […]
Chip stocks show signs of slowing with more earnings on tap Chip stocks show signs of slowing with more earnings on tap: High-flying semiconductor stocks may be poised for more losses in the coming weeks as a large swath of chip names reports quarterly results in a sector that may […]
After being traded by Mets, Duda homers in debut with Rays An exhausting, cross-country trip for Lucas Duda ended with a trot around the bases. Traded from the New York Mets to Tampa Bay, he joined his new club Friday at Yankee Stadium. Hours later, Duda homered off Masahiro Tanaka […]
Jaime Garcia wins in Minnesota debut after trade from Braves Jaime Garcia assured Paul Molitor after the fifth inning he could go some more. Then told his new skipper the same thing after the sixth. That durability and competitive nature is what has kept Garcia going and eating up innings […]
Indians beat White Sox 9-3 to extend win streak to 8 Jose Ramirez said he wasn’t offended when a teammate was intentionally walked on Friday night to bring him to the plate with the bases loaded. He just focused on making the move backfire. Ramirez had four hits, including a […]
Hundreds of counties at risk for no Obamacare insurer in 2018 With Republican efforts to dismantle Obamacare in disarray, hundreds of U.S. counties are at risk of losing access to private health coverage in 2018 as insurers consider pulling out of those markets in the coming months. Republican senators failed […]
Arizona pitcher Ray is doing well after being hit in head Arizona Diamondbacks manager Torey Lovullo said pitcher Robbie Ray, who was hit in the head by a line drive during Friday night’s game against St. Louis, is doing well and will be put in concussion protocol. A line drive […]
U.S. government delays Obama earnings-stripping rule deadline The U.S. government on Friday gave companies an extra year to comply with an Obama-era regulation meant to crack down on corporations that try to minimize their U.S. tax bills by shifting profits abroad to countries with lower tax rates. The regulation, known […]
