San Francisco Federal Reserve President Mary Daly on Thursday signaled support for continued U.S. monetary policy accommodation, saying she believes the benefits of running a "hot" economy currently outweigh the potential costs.
Fashion retailer Forever 21 Inc is preparing for a potential bankruptcy filing, Bloomberg reported on Wednesday, citing people with knowledge of the plans.
The Trump administration on Wednesday made official its extra 5% tariff on $300 billion in Chinese imports and set collection dates of Sept. 1 and Dec. 15, prompting hundreds of U.S. retail, footwear, toy and technology companies to warn of price hikes.
Pandora , the world's biggest jeweler maker, will relaunch its brand at an event in Los Angeles later on Wednesday as it tries to attract middle-class shoppers seeking affordable luxury back to its stores.
U.S. President Donald Trump will announce a plan to boost demand for biofuels within weeks, Secretary of Agriculture Sonny Perdue said on Wednesday, as the administration seeks to assuage farmers angered by its expanded use of waivers freeing refineries from their obligation to blend ethanol into the fuel supply.
The FBI on Wednesday conducted searches at the home of United Auto Workers President Gary Jones, a union retreat and multiple other locations as part of a corruption probe into illegal payments to union officials, posing fresh problems for the union at a pivotal time.
"It's worked for me. It's worked for a lot of players," the two-time Denver Broncos Super Bowl champion says.
Third Point LLC has agreed to pay more than $600,000 to settle allegations the hedge fund failed to properly file for antitrust clearance when it bought DowDuPont stock two years ago, the U.S. Justice Department said on Wednesday.
A gauge of equities worldwide shed early losses on Wednesday as Wall Street stocks rose despite looming recession jitters, while sterling tumbled as Britain's prime minister moved to restrict parliamentary time before the country's planned departure from the European Union.
The U.S. Trade Representative's office on Wednesday reaffirmed President Donald Trump's plans to impose an additional 5% tariff on a list of $300 billion of Chinese imports starting on Sept. 1 and Dec. 15.
More than 200 U.S. footwear companies on Wednesday urged U.S. President Donald Trump to cancel proposed higher tariffs on Chinese imports that take effect beginning next month, calling them hidden taxes that will jack up consumer prices.
Gains in financial shares helped U.S. stocks reverse early losses on Wednesday, although investors were guarded amid worries about a recession and trade tensions between the United States and China.
Huawei Technologies plans to forge ahead with the launch of new high-end smartphones in Europe even though it may not be able to offer Google's official Android operating system and widely used apps such as Google Maps, company executives told Reuters.
The strength of the U.S. dollar has long been a thorn in President Donald Trump's side. That has put the almost unthinkable scenario of currency intervention up for debate in global foreign exchange circles.
Luxury jeweler Tiffany & Co on Wednesday reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing costs, even as declines in tourist spending in the United States and political unrest in Hong Kong dragged on sales.