Consumer lending is expected to propel profits for big U.S. banks when they unveil fourth-quarter results this week, though stress in corporate lending and uneven capital markets may cast a shadow over results.
Walmart Inc , the world's largest retailer, has fired 56 of its India executives including eight from senior management, Krish Iyer, President and CEO of its India unit, said on Monday.
Asian shares shook off a quiet start to reach new 19-month highs on Monday ahead of the expected signing of a Phase 1 China-U.S. trade deal, although markets have yet to see the details of the agreement.
China's BYD Co Ltd said on Monday it has appointed Kevin Wale, former General Motors (GM) China President, as a senior adviser to the electric car maker's chairman.
Ford Motor Co's China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles.
Visa Inc has agreed to buy privately held financial technology startup Plaid Inc in a $5.3 billion deal, the payments processor said on Monday.
Bank stocks finished last year on a tear, outpacing the broader stock market in the fourth quarter.
There is a "high bar" to the U.S. Federal Reserve raising interest rates given the need to raise inflation and guard against any drop in inflation expectations, Atlanta Fed president Raphael Bostic said on Monday.
U.S. Federal Reserve officials may be in broad agreement that interest rates are unlikely to change soon, but they differed Monday on how concerned they are about developing financial risks in assessing when a rate hike might be appropriate.
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The U.S. government recorded a $13.3 billion budget deficit in December, the Treasury Department said on Monday.
Amazon.com Inc is planning to give more data on counterfeit goods to law enforcement in a further crackdown on fakes listed on its e-commerce sites, a person familiar with the program told Reuters.
Apple and other tech favorites propelled Wall Street to record highs on Monday, fueled by optimism about the signing of a preliminary U.S.-China trade deal, as well upcoming fourth-quarter earnings reports.
Rhodium is one of 2020's best trades, surging more than 30% this year driven by demand from the auto industry.
U.S. stock indexes hit fresh record highs on Monday on optimism about the imminent signing of a preliminary U.S.-China trade deal as well as the start of the fourth-quarter corporate earnings season.