Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to 'act as appropriate' to defend an economic expansion threatened by trade disputes and a global slowdown.
Think your homeowners insurance will adequately cover your dwelling during a hurricane? You could be wrong. Here's how to prepare your house and your wallet for a disaster.
Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland Co and Bunge Ltd for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said.
Federal Reserve Chairman Jerome Powell says Facebook's cryptocurrency project raises serious concerns.
Federal Reserve Chair Jerome Powell said Wednesday he would not resign if President Donald Trump asked him to.
Federal Reserve Chairman Jerome Powell was asked by Congress on Wednesday whether the recent strong U.S. jobs report changed his perspective on reducing federal interest rates.
Dagmar Valcarcel, a legal expert, will join Deutsche Bank's supervisory board, German newspaper Handelsblatt said on Wednesday without naming its sources.
Deutsche Bank shareholders will quiz Chief Executive Christian Sewing on how he plans to deliver on revenue growth targets during a global roadshow to win their backing for a 7.4 billion euro ($8.4 billion) 'reinvention' of the lender.
Oil prices jumped 3% on Wednesday after U.S. crude inventories shrank more than expected and as major producers evacuated rigs in the Gulf of Mexico ahead of an expected storm.
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were addressed.
Tesla shares rose in premarket trading on Wednesday after a report that the electric automaker will raise output at its factory in California.
U.S. stock futures fell on Wednesday, as investors eyed Federal Reserve Chairman Jerome Powell's remarks later in the day for clues on the central bank's interest rate policy direction.
U.S. online retailer Amazon does not have to provide a helpline phone number to consumers, Europe's top court said on Wednesday in a ruling that could boost e-commerce merchants.
Oil prices rose around 2% on Wednesday after industry data showed U.S. inventories fell more than expected, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a storm.
For the administration of President Donald Trump, a policy of "energy dominance" means reducing dependence on imported oil and promoting exports to boost the national economy and Washington's political influence overseas.