China's Tencent Music Entertainment Group on Friday reported a 5.2% passive stake in Warner Music Group Corp, about a week after the world's third-largest recording label's debut on the Nasdaq.
An anti-China advocacy group that includes former White House adviser Steve Bannon is calling on the Trump administration to exclude Chinese companies from U.S. financial markets, as the White House studies new ways to crack down on China.
American Airlines Group Inc said on Friday it expects to halt its daily cash burn by the end of 2020 thanks to cost-cutting measures and an improvement in travel demand, easing concerns about its short-term liquidity.
A U.S. regulator ruled that India's Mahindra and Mahindra Ltd infringed upon the intellectual property rights of Fiat Chrysler Automobiles NV's (FCA) Jeep brand, barring the sale of the vehicles in question.
The Federal Reserve expects U.S. household finances and business balance sheets to grapple with "persistent fragilities" as a result of the shock to economic activity arising from the coronavirus pandemic, the central bank said in a report to Congress on Friday.
The Members Exchange (MEMX), a new U.S. stock exchange backed by some of Wall Street's biggest firms that is preparing for a Sept. 4 launch, said it received financial backing from Citigroup Inc .
The stock market is doing relatively well considering that we're in a recession. But that won't help Americans hardest hit by the pandemic.
Two key U.S. senators are circulating a bipartisan draft bill that would reform how the Federal Aviation Administration certifies new aircraft in the wake of two fatal Boeing 737 MAX crashes that killed 346 people.
A top White House economic adviser on Friday predicted an "increasing divergence" between states controlled by Republican governors and those led by Democrats, saying Republican "red" states opening up faster will see a stronger economic recovery.
U.S. consumer sentiment perked up in early June as households cheered the reopening of businesses and a surprise rebound in hiring, though they did not expect a significant improvement in the economy amid fears of a resurgence in COVID-19 infections.
U.S. consumer sentiment perked up in early June as households responded to the reopening of businesses, which had been shuttered to slow the spread of COVID-19, and a rebound in hiring.
Whether you're rebuilding your cash cushion or you're squirreling away a few dollars for a summer getaway, make sure you claim your 2019 tax refund from the IRS. Federal income tax returns are due July 15.
Oil was little changed on Friday and headed for a first weekly fall since April as new U.S. coronavirus cases spiked, raising the prospect of a second wave of the virus hitting demand.
Global equity markets bounced back on Friday as investors took in stride the U.S. Federal Reserve's outlook for a long road to recovery and bet shutdowns to fight the coronavirus pandemic were unlikely to be reinstated widely.
Wall Street's main indexes rose on Friday, after a steep decline in the previous session, but were still on track for their worst week in nearly three months on fears of a rise in new coronavirus infections and economic worries.