Sunday, September 23, 2018
A wave of buying sent U.S. stocks solidly higher on Wall Street Thursday, pushing the Dow Jones Industrial Average above the all-time high it closed at in January. The S&P 500, the benchmark for many index funds, was also above...
MUMBAI, India — It’s not easy running an airline in India these days. Customers are flying more but demanding rock-bottom fares. Costs are going up thanks to surging oil prices and a plunging rupee. Major airports are bursting at...
"As long as we have increased inventory, I think the housing market can turn for the better in terms of sales," NAR Chief Economist Lawrence Yun said. Supply has also been constrained by rising building material...
The U.S. is winning the trade war with China in the short term but stands to lose significantly over the long term, BlackRock CEO Larry Fink said Thursday. Basing his view on recent travels through Europe, FInk said his clients...
Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________ The online ticketing company Eventbrite will begin trading on the New York Stock Exchange on Thursday morning, and its pricing...
President Donald Trump's economic agenda is fueling a resurgence in the economy that cannot be denied, billionaire businessman and philanthropist Ken Langone told CNBC on Thursday. "This economy is booming," said Langone, a longtime supporter of GOP candidates who was...
Fed Chairman Jerome Powell has reportedly been making the rounds on Capitol Hill amidst criticism from President Trump that could threaten the central bank's independence. The same day that the president criticized Powell in a CNBC interview, the central bank...
The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting near a 49-year low in a sign the job market remains strong. Initial claims for state unemployment benefits fell by 3,000 to a...
Good Thursday morning. Britain’s mergers regulator outlined the rules for the auction of the broadcaster Sky, which is to begin on Friday. The winner should be announced this weekend. And check out this NYT special section on Russia’s attempts...
THE HAGUE — The Netherlands wants you to know that it is not a tax haven. But Menno Snel, the country’s No. 2 finance official, grudgingly acknowledges that the Dutch have become experts at something else: aggressive tax planning. That’s...
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