U.S. producer prices unexpectedly fell in September, leading to the smallest annual increase in nearly three years, likely giving the Federal Reserve further room to cut interest rates for the third time this year in October.
U.S. stocks ended down sharply and near the day's lows on Tuesday as news that the United States has imposed visa restrictions on Chinese officials overshadowed comments by Federal Reserve Chairman Jerome Powell suggesting openness to further interest rate cuts.
Goldman Sachs Group Inc said on Tuesday it is reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) in light of U.S. action against the Chinese artificial intelligence firm.
Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts to fend off global economic risks, repeating that the central bank will act "as appropriate" amid an economy likely to soon regain its footing.
The prolonged strike at General Motors Co is estimated to have hit as many as 150,000 workers in the auto industry, a report from research and consulting firm Anderson Economic Group (AEG) showed on Tuesday.
Levi Strauss & Co reported a 4% drop in third-quarter profit on Tuesday, as the denim apparel maker struggled to grow its wholesale business in the Americas, where it generates most of its revenue.
Depending on whether President Trump's tax returns are released, the public could get a peek into his sources of income. Here are the key tax forms to watch out for.
Johnson & Johnson must pay $8 billion in punitive damages to a man who previously won $680,000 over his claims that it failed to warn that young men using its antipsychotic drug Risperdal could grow breasts, a Philadelphia jury said on Tuesday.
Power provider PG&E Corp's unit said on Tuesday it would cut off power for nearly 800,000 customers across northern and central California to reduce wildfire risk following severe wind warnings.
The United States said on Tuesday it had imposed visa restrictions on Chinese officials for the detention or abuse of Muslim minorities, heightening tensions with Beijing and casting a pall over high-level talks to end a 15-month trade war.
Stocks fell on Tuesday as U.S.-China tensions rose further ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down.
Twitter Inc said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been 'inadvertently' used for advertising purposes.
Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist.
Twitter Inc said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been 'inadvertently' used for advertising purposes.
Johnson & Johnson must pay $8 billion in punitive damages to a man who previously won $680,000 over his claims that it failed to warn that young men using its antipsychotic drug Risperdal could grow breasts, a Philadelphia jury said on Tuesday.