Futures climb on China plan to cut tariffs on U.S. products
U.S. stock index futures rose on Thursday as China's plan to halve additional tariffs on some American goods helped allay fears over the financial fallout of the coronavirus epidemic.
U.S. stock index futures rose on Thursday as China's plan to halve additional tariffs on some American goods helped allay fears over the financial fallout of the coronavirus epidemic.
Intercontinental Exchange Inc , which owns the New York Stock Exchange, reported a 27% fall in fourth-quarter profit on Thursday, hurt by muted growth in its transaction and clearing business.
With stocks zigzagging and continued volatility expected, investors may wonder whether they should jump out of the market — whether permanently or for a while. Here's some advice from experts.
Wall Street's main indexes were set to hit record highs at the open on Thursday as China's plan to chop additional tariffs on some American goods by 50% helped ease fears over the financial fallout of the coronavirus epidemic.
China is preparing to halve the extra tariffs on U.S goods that went into effect last September, including on crude oil, soybeans, pork and beef.
Yum Brands Inc reported quarterly same-store sales and profit that missed market expectations on Thursday, as sales at its Pizza Hut chain in the United States were hurt by stiff competition.
Oil futures gave up early gains on Thursday despite potential action from the OPEC+ group of producers to counter an expected fall in oil demand as a consequence of the coronavirus outbreak.
A tribunal in New Delhi has put on hold a sales ban imposed last year on Anheuser-Busch InBev , an order seen by Reuters showed, allowing the world's largest brewer to resume sales of its beer products in the city for now.
U.S. worker productivity rebounded in the fourth quarter, keeping labor costs in check.
Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse Chairman Urs Rohner to step down to take responsibility for the Swiss bank's spying on executives.
Prudential is in talks that could lead to it taking full control of its 50:50 joint venture with China's CITIC and is considering selling some or all of its U.S. business to sharpen its focus on Asia, a source told Reuters.
Hogan Lovells | James Black and Neelam Hundal | Jan 22, 2020 The UK Financial Conduct Authority (FCA) is consulting on the opportunities and risks presented by open finance, building on the progress and success of open banking. The consultation is relevant not only to banks and payment institutions, but to a very broad cross-section
We're in the early weeks of tax season, but if you're willing to do a little legwork, you can still trim your 2019 tax bill. Here's where to look.
The S&P 500 and Dow Jones Industrials indexes eased from their record highs on Thursday, as investors took a breather after a stellar run this week on waning worries about the economic damage from the coronavirus epidemic.
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