Wall Street edges higher as Fed's Powell testifies before Congress
Wall Street's main indexes turned slightly higher on Wednesday as Federal Reserve Chair Jerome Powell said the central bank saw a "sustained expansion" ahead for the U.S. economy.
Wall Street's main indexes turned slightly higher on Wednesday as Federal Reserve Chair Jerome Powell said the central bank saw a "sustained expansion" ahead for the U.S. economy.
U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term.
The Federal Trade Commission (FTC) is conducting a preliminary inquiry on Visa Inc and Mastercard Inc over policies that can prohibit merchants from routing card transactions through other debit networks, Bloomberg Law reported on Wednesday, citing sources familiar with the matter.
11fs Pulse | Joanne Kumire | Aug 27, 2019 Introduction to Open Banking in the UK The first step towards banking automation came in 1967 following the installation of an ATM in the UK. Over 50 years later, Open Banking arrived, ushering in a new era of digital banking, which ironically is lessening the need
Global equity markets and government bond yields fell on Wednesday as sentiment soured that a U.S.-China trade deal can be reached soon and on fears intensifying unrest in Hong Kong may lead to a Chinese crackdown.
Ferrari is set to roll out the Roma, a record fifth new model this year for the 'Prancing Horse', as it expands its stable to help sustain its profit and share price growth.
Google is getting into banking, but not with the same motivations as Wall Street.
Brazil's antitrust regulator said on Wednesday it will reassess Walt Disney Co's (DIS.N) $71 billion purchase of Twenty-First Century Fox (FOXA.O) because the divestiture requested by the regulator as a condition for the merger of U.S. media companies has not happened yet.
Facebook Inc removed 3.2 billion fake accounts between April and September this year, along with millions of posts depicting child abuse and suicide, according to its latest content moderation report released on Wednesday.
The three key tax benefits of your health savings account are just the beginning. Savvier savers might want to shop around for the best accounts and develop strategies to fund their HSAs.
Walt Disney Co on Wednesday said its new streaming service, Disney+, reached 10 million sign-ups since launching the previous day from "extraordinary consumer demand," sending shares up 3.5%.
Wall Street's main indexes rose on Wednesday as Federal Reserve Chair Jerome Powell said the domestic economy was in good shape and the central bank saw a "sustained expansion" ahead.
MetLife Inc was sued for gender discrimination on Wednesday by a female former senior vice president who said she was underpaid, called a "bitch" and told she had to "choose between being pretty and being smart" while working at the insurance company.
U.S. President Donald Trump on Wednesday said he would make a decision soon on whether to impose tariffs on cars and auto parts imported into the United States but gave no other details.
Billionaire investor Leonardo Del Vecchio, Mediobanca's biggest shareholder, said on Wednesday he aimed to create a stable ownership base for the Italian investment bank and Generali, the insurance giant it effectively controls through a 13% stake.