The U.S. economy grew at a 2.2% annualized rate in the third quarter based on the latest data on national manufacturing activity and construction spending, the Atlanta Federal Reserve's GDPNow forecast model showed on Thursday.
UniCredit has found no evidence so far of any customer data having been accessed or compromised in relation to a major data breach at Capital One Financial Corp , the bank said in a memo to staff on Thursday.
The "postcard-sized" income tax return is about to be scrapped. The IRS has released a draft of its new Form 1040 for the 2019 tax year.
Financial data firm Refinitiv's $13.5 billion debt, once described as having some of the weakest-ever investor protections typical of the frothy peak of the credit cycle, is being rehabilitated by its $27 billion merger with the London Stock Exchange.
General Motors Co is open to working with other automakers on the development of electric vehicles, Chief Executive Mary Barra said on Thursday.
Yum Brands Inc beat expectations for quarterly profit on Thursday, as menu refreshes and a delivery push drove better-than-expected growth at all of the restaurant operator's chains, including Pizza Hut, sending its shares to a record high.
Oil dropped more than 2% on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes that a string of interest rate cuts would be in the offing and as record U.S. output helped keep the market well supplied.
Oil dropped to around $64 a barrel on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and as rising U.S. output helped keep the market well supplied.
The Federal Reserve delivered its first rate cut since 2008 but Wall Street economists disagree about what happens next.
Kellogg Co beat Wall Street expectations for quarterly sales and profit on Thursday, boosting the food maker's shares 12% as investments in marketing and product development drove higher demand for snacks and frozen food in North America.
U.S. refiner Marathon Petroleum Corp beat estimates for quarterly profit on Thursday, benefiting from better-than-expected earnings from its refining segment as well as higher sales in its gas stations business.
BNP Paribas analysts said late Wednesday they expect the Federal Reserve to lower key U.S. borrowing costs only one more time in 2019, with a 25 basis-point cut in September as an insurance against mounting risks.
The U.S. manufacturing sector expanded in July, but the pace of growth decelerated to its weakest in nearly three years stemming from a broad decline in activities from the month before, an industry report released on Thursday showed.
U.S. stocks bounced back on Thursday, helped by technology shares as focus shifted to corporate earnings after a cautious message from the Federal Reserve on interest rates drove some of the biggest falls since May in the previous session.
Global grain trader and food processor Archer Daniels Midland Co on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall Street expectations, after being battered by the U.S.-China trade war and severe U.S. weather this spring that disrupted production and transportation.