Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower U.S. production due to hurricane-enforced closures. Continue Reading Below Brent crude futures were at $58.10 at 0411 GMT, slightly lower than their last close, but around 30 percent above mid-year levels. […]
FOX Business News
U.S. bankers hold onto hopes that Trump will boost profits
Top U.S. bankers are still hoping that President Trump’s administration will make policy changes to boost profits, but made clear in public comments in recent days that they are not seeing any signs of progress so far. Continue Reading Below Optimism about tax cuts, infrastructure investment and an unwind of […]
Tanaka, Yankees top Keuchel, Astros 5-0 for 3-2 lead in ALCS
This time, it was Masahiro Tanaka who was untouchable on the mound. Continue Reading Below And when the New York Yankees sent Houston ace Dallas Keuchel to an early exit, their rollicking crowd let loose with a cathartic roar that must have boomed all over the Bronx. One […]
China third-quarter GDP growth slows as expected
China’s economic growth slowed slightly as expected in the third quarter as the government’s efforts to rein in the property market and debt risks tempered activity in the world’s second-largest economy. Continue Reading Below The economy grew 6.8 percent in the third quarter from a year earlier, in line with […]
A Detour Into Upgrades and Downgrades
In this Market Foolery podcast segment, host Mac Greer, Total Income‘s Ron Gross, and Motley Fool Pro and Options‘ Jeff Fischer take a detour into an area The Motley Fool usually shuns — the realm of analysts’ upgrades and downgrades. Why do we avoid covering them? Because for the most […]
China’s economic growth edges down in latest quarter
BEIJING – China’s economic growth stayed relatively stable in the latest quarter, buoyed by strength in retail spending and exports and giving the ruling Communist Party a political boost as it prepares to appoint President Xi Jinping to a new term as leader. Continue Reading Below Growth edged down to […]
Japan trade surplus leaps on strong exports to rest of Asia
TOKYO – Japan reports its trade surplus leaped nearly 38 percent in September from a year earlier, on strong shipments to China and the U.S. Continue Reading Below Customs data released Thursday showed exports rose 14 percent year-on-year to 6.8 trillion yen ($60.3 billion) while imports climbed 12 percent to […]
Honda Sharpens Its All-New 2018 Accord to Steal SUV Sales
Honda (NYSE: HMC) said that its all-new 2018 Accord sedan officially went on sale in the U.S. on Wednesday. The all-new Accord is a major evolution of Honda’s mainstay sedan: In some ways, it’s more like a German luxury car than like the bread-and-butter Accords of the past. Continue Reading […]
US regulators approve 2nd gene therapy for blood cancer
TRENTON, N.J. – U.S. regulators on Wednesday approved a second gene therapy for a blood cancer, a one-time, custom-made treatment for aggressive lymphoma in adults. Continue Reading Below The Food and Drug Administration allowed sales of the treatment from Kite Pharma. It uses the same technology, called CAR-T, as the […]
Trump selects Washington lawyer Joe Simons to head FTC: official
President Donald Trump has selected Joseph Simons, an antitrust attorney from a Washington law firm, to head the Federal Trade Commission, a White House official said on Wednesday. Continue Reading Below Trump is expected to nominate Simons to the agency, along with Noah Phillips and Rohit Chopra to be FTC […]