Take Five: A week in central banking
Geopolitics overshadowed monetary policy for the first time in many months in early January. But such distractions tend to be short-lived nowadays, with investors getting back to central bank-watching swiftly.
Geopolitics overshadowed monetary policy for the first time in many months in early January. But such distractions tend to be short-lived nowadays, with investors getting back to central bank-watching swiftly.
Conversations about money with your high school kids can easily turn heated. Here's how to keep things on an even keel.
Retirement income is often referred to as a three-legged stool, including Social Security, pensions and savings. But it turns out that one income source, Social Security, is the dominant, and often only, source of money for older Americans.
Key world equity indexes scaled new highs on Friday as the latest U.S. data - a surge in housing starts to the highest level since 2006 - drove stocks on Wall Street to records and investors away from risk-adverse assets such as the yen.
Oil prices steadied on Friday as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal.
St. Louis Federal Reserve President James Bullard expounded on what might comprise a "material reassessment" of the economic outlook, the Treasury yield curve, the central bank's framework review and more in a Reuters interview.
Bayer could be close to settling more than 75,000 cancer claims related to its Roundup herbicide, with mediator Ken Feinberg on Friday saying he was "cautiously optimistic that a settlement will ultimately be reached."
U.S. television streaming company Netflix has opened a new Paris office and plans to develop more than 20 original French-language productions in 2020, it said on Friday.
U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.
Chief merchandising officer of Walmart Inc's U.S. operations, Steve Bratspies, is set to leave the big-box retailer, according to an internal memo sent on Friday.
With Google parent Alphabet becoming the latest entrant to Wall Street's trillion-dollar club, Europe's blue-chip companies are dwarfed by comparison -- the most valuable firm from the "old continent", Nestle, is worth just a third of that.
U.S. stock indexes nudged higher to fresh record levels on Friday after strong housing data and indications of resilience in the Chinese economy raised hopes of a rebound in global growth.
Tom Steyer is proposing a 10% tax cut for middle-class families, plus a boost in credits for working households. He's going to pay for it by raising levies on investments and tacking on a wealth tax.
Apple, Microsoft and Alphabet are each valued $1 trillion but Wall Street doesn't expect any of the tech stocks to climb much from here.
Wall Street indexes hit new record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.