United States

U.S. weekly jobless claims drop sharply; second-quarter GDP growth unrevised at 6.4 pct

The number of Americans filing new claims for unemployment benefits dropped more than expected last week as layoffs subsided, with…

5 years ago

What you need to know about the coronavirus right now

Here's what you need to know about the coronavirus right now.

5 years ago

Asian shares step back from 2-wk highs, dollar firm

Asian shares retreated from two-week highs on Thursday and China started on the backfoot on fears central banks were closer…

5 years ago

HSBC exits loss-making U.S. retail banking as part of Asia pivot

HSBC (HSBA.L) announced it is withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business…

5 years ago

U.S. trade chief Tai says U.S. faces ‘very large challenges’ on China

U.S. Trade Representative Katherine Tai said on Wednesday that the United States still faces "very large challenges" in its trade…

5 years ago

EXCLUSIVE Hyundai to slash combustion engine line-up, invest in EVs – sources

Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest…

5 years ago

Senator Warren attacks JPMorgan’s Dimon over ‘baloney’ overdraft fees

Progressive firebrand Senator Elizabeth Warren on Wednesday attacked JPMorgan Chase & Co (JPM.N) chief executive Jamie Dimon after the country's…

5 years ago

Wall Street edges up as U.S. bond yields stay tame

U.S. stocks closed out Wednesday's session with modest gains as recent comments from Federal Reserve officials helped tamp down concerns…

5 years ago

Wall Street edges up with U.S. bond yields in check

U.S. stocks edged higher on Wednesday as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation…

5 years ago

Ford boosts EV spending, outlines 2030 sales targets, shares near 5-year high

Ford Motor Co (F.N) on Wednesday outlined plans to boost spending on its electrification efforts by more than a third…

5 years ago