Monetary policy is "well positioned" to support the strong labor market, which is just now starting to benefit workers on the margins, Federal Reserve Chair Jerome Powell said Monday.
U.S. House of Representatives Speaker Nancy Pelosi said on Monday that a version of the U.S.-Mexico-Canada trade agreement that House Democrats could back was "within range" but that they needed to conduct a final review.
REUTERS: Australia's Westpac Banking Corp said on Tuesday its CEO will step down and its chairman will bring forward his retirement as a money-laundering scandal rocks the country's second-largest retail bank. The departures make Westpac the third of Australia's four major banks to lose one or ...
When the Trump administration imposed tariffs on Chinese imports last year, officials insisted China would pay the cost - implying Chinese firms would have to cut their prices to absorb import "taxes" of up to 25 per cent when the goods hit US shores.
Hewlett Packard Enterprise Co missed Wall Street estimates for quarterly revenue on Monday, hit by lower demand for its servers and storage products, sending its shares down about 4per cent in trading after the bell.
Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the US$2 billion valuation it attained in May, according to people familiar with the matter.
In the gig economy, you are subject to the whims of fluctuating demand and a star system that rates every interaction, say three experts.
Financial markets have become giddy. US and other equities are trending toward new highs, and there is even talk of a potential “melt-up” in equity values, says NYU's Nouriel Roubini.
THE World Bank Group's International Bank for Reconstruction and Development (IBRD) has issued two tranches of catastrophe-linked bonds totalling US$225 million.
PAYMENTS platform provider 2C2P has raised US$52 million in new funding from investors including IFC, Cento Ventures and Arbor Ventures, it said in a media statement on Monday.
