Wall Street was set to open largely flat on Tuesday, as investors took a breather following a record rally on optimism over the U.S.-China trade deal, while the big U.S. banks reported mixed quarterly results.
U.S. consumer prices rose slightly less than expected in December and monthly underlying inflation pressures retreated, which could allow the Federal Reserve to keep interest rates unchanged at least through this year.
China's Huawei said it was confident Britain would assess the evidence in deciding whether its equipment should be deployed in 5G networks after the United States said it would be "madness" to allow use of the technology.
LONDON: The cryptocurrency arm of Fidelity Investments, one of the world's largest investment managers, has launched its first foray into Europe, opening a new front in efforts to drag digital money into mainstream investing. Fidelity Digital Assets will act as a custodian for bitcoin held by ...
Citigroup Inc reported a 15per cent jump in fourth-quarter profit on Tuesday, driven by higher credit card and trading revenue, as well as a lower tax bill.
Wells Fargo & Co reported a 55per cent fall in quarterly profit on Tuesday, as it struggled to grow in a lower interest rate environment and saw a surge in cost stemming from the regulatory fallout of a series of sales scandals.
REUTERS: U.S. stock index futures were flat to slightly lower on Tuesday, as investors took a breather following a record rally, even as JPMorgan's quarterly results set a positive tone for big bank earnings. The S&P 500 and the Nasdaq indexes set new all-time highs on Monday, helped by...
Delta Air Lines Inc posted on Tuesday a fourth-quarter profit that beat Wall Street forecasts, boosted by customers gained from rival airlines' 737 MAX cancellations and what CEO Ed Bastian said was a growing preference for the Delta brand.
When Mehdi Farsi decided to shift production of State Bicycle Co's niche fixed-gear urban bikes out of China to escape U.S. tariffs, it took months to find another factory in Asia willing to do business with his Arizona company.
Ryanair could receive its first deliveries of up to 10 grounded 737 MAX aircraft from Boeing by April, Chief Marketing Officer Kenny Jacobs said on Tuesday, but cautioned the timing was dependent on regulators.
