Finance

Finance 2016-07-27T22:37:24+00:00
  • Official urges limited Fed role in addressing U.S. inequality
    CLEVELAND (Reuters) - The Federal Reserve cannot directly address the problems of inequality, globalization and the challenges facing lower-income Americans, a Fed official said on Friday, though it can help identify solutions for legislators to take up. ... read more
    Source: Reuters BusinessPublished on 2017-06-23
  • Are you being served? Planemakers alter sales pitch to boost profit
    PARIS (Reuters) - Airbus and Boeing leave this week's Paris Airshow with plans for ambitious growth in aviation services, as flattening demand for new jets and pressure to raise profit margins encourages planemakers to deepen their exposure to airline operations. ... read more
    Source: Reuters BusinessPublished on 2017-06-23
  • Oil creeps up from 10-month low, down nearly 4 percent on week
    NEW YORK (Reuters) - Oil futures climbed almost 1 percent on Friday on lift from a falling dollar but remained down for a fifth week in a row and close to a 10-month low as OPEC-led production cuts have failed to substantially reduce a global crude glut. ... read more
    Source: Reuters BusinessPublished on 2017-06-23
  • Ford’s China move casts new cloud on Mexican carmaking
    MEXICO CITY (Reuters) - A second U-turn this year by Ford Motor Co in Mexico has raised the specter of Chinese competition for local carmaking, adding to pressure on the industry after repeated threats by U.S. President Donald Trump to saddle it with punitive tariffs. ... read more
    Source: Reuters BusinessPublished on 2017-06-23
  • U.S. new home sales jump, median price surges to record high
    WASHINGTON (Reuters) - New U.S. single-family home sales rose in May and the median sales price surged to an all-time high, suggesting the housing market had regained momentum. ... read more
    Source: Reuters BusinessPublished on 2017-06-23
  • S&P, Nasdaq rise as tech stocks gain, oil rebounds
    (Reuters) - The S&P 500 and the Nasdaq Composite were higher in late morning trading on Friday as technology shares rose and oil prices rebounded from multi-month lows. ... read more
    Source: Reuters BusinessPublished on 2017-06-23
  • Policy ponder: central banks head for the Portuguese hills
    LONDON (Reuters) - The cool shade of the hills above Lisbon will offer leading central bankers an escape from the summer heat in the coming week, but there is little they can do to get away from their differing monetary policy conundrums. ... read more
    Source: Reuters BusinessPublished on 2017-06-23