finance

Solid Asia sets global stocks on extended rally, U.S. stimulus in focus

A rally in Asia put global equities on track for a seventh day of gains on Friday as investors bet…

5 years ago

Wall Street bank CEOs face fee criticism in second round with Congress

The heads of major U.S. retail banks faced renewed criticism Thursday from Democratic lawmakers who said financial institutions should not…

5 years ago

Biden pledges to tackle monopolies, supply shortages as prices rise

President Joe Biden pledged on Thursday toroot out anti-competitive business practices and ease construction materials shortages andtransportation backups that are…

5 years ago

U.S. chip subsidy effort faces pushback over China issues

A series of amendments for a $190 billion U.S. Senate bill aimed at countering China's technology challenge are in limbo…

5 years ago

Asian stocks extend global rally to 7th day, U.S. stimulus in focus

Asian stocks put global equities on course for a seventh day of gains on Friday as investors bet the U.S.…

5 years ago

Gap raises 2021 forecasts as apparel shopping gains momentum

Gap Inc (GPS.N) raised its forecast for annual sales and profit, expecting an unabated surge in demand for new apparel…

5 years ago

Wall Street edges up as weekly jobless claims fall

U.S. stocks advanced modestly on Thursday, as data showing improvement in the labor market helped fuel expectations the economy continues…

5 years ago

Salesforce raises annual revenue, profit outlook

Salesforce.com Inc (CRM.N) raised its full-year forecast for revenue as well as profit, and reported quarterly revenue that beat analysts'…

5 years ago

The little engine that could, and the oil giant that couldn’t

Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil to change its ways, laughter echoed…

5 years ago

EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources

China's banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people…

5 years ago