MARKET

U.S. housing starts at 13-year high in December; permits ease

WASHINGTON U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back...

The yield curve’s still weird. Fed’s Bullard is okay with that

ST. LOUIS It was more than a year ago when St. Louis Federal Reserve bank President James Bullard started raising the alarm about...

Wall Street opens at record high on strong data, earnings

U.S. stock indexes marched to new highs at open on Friday, driven by optimism over corporate earnings, upbeat economic data and indications of...

EU-China investment agreement negotiations enter ‘critical stage’: EU ambassador

BEIJING Negotiations on an investment agreement between the European Union and China are progressing and have entered a “critical stage” after six years...

Japan December exports seen falling at slower pace on tech pick-up: Reuters poll

TOKYO Japanese exports are expected to have fallen for a 13th straight month in December but at a slower pace than the previous...

BUSINESS

Wall Street slips as Huawei report adds to trade concerns

U.S. stocks edged lower on Friday after rebounding strongly a day earlier, as investors grappled with fresh trade tensions, political turmoil in Italy and...

Wall Street opens lower on trade worries

U.S. stocks opened lower on Friday, dragged down by technology shares, as investors grappled with fresh U.S.-China trade tensions, political turmoil in Italy and...

Bayer mediator says no Roundup settlement figures have been discussed

Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken...

Canada sheds ‘disappointing’ 24,200 jobs in July: analysts

Canada’s economy shed a net 24,200 jobs in July, driven by a decline in wholesale and retail trade, official data showed on Friday, as...

U.S. producer prices rise slightly; underlying inflation tame

U.S. producer prices increased moderately in July, lifted by a rebound in the cost of energy products, while underlying producer inflation retreated, which could...

Financial News from Agencies

Fed Adds $52.6 Billion To Markets As Central Bank Official Defends Operations

The Federal Reserve Bank of New York added $52.6 billion in short-term liquidity to the financial system Friday to...

Subscribers: University of Michigan Consumer Sentiment Data Delayed

January mid-month University of Michigan Consumer Sentiment data is delayed due to technical issues. (END) Dow Jones Newswires January...

Mastercard, Citibank Form Coalition to Act on Clim…

By Maitane Sardon Mastercard Inc. (MA) said Friday that it is launching a coalition with other corporate partners to make...

Equifax to Take Full Ownership of India Unit

By Colin Kellaher Equifax Inc. (EFX) on Friday said it agreed to raise its stake in its India unit, Equifax...

China’s Economic Growth Slows to Near 30-Year Low — Update

SHENZHEN, China -- A newly sealed trade truce with the U.S. reduced a key source of anxiety for Chinese...

U.S. will look at sudden acceleration complaints involving 500,000 Tesla vehicles

WASHINGTON The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla...

U.S. proposal for ‘optional’ tax reform no longer on the table: France’s Le Maire

PARIS A U.S. proposal that the future international tax reform could be optional for companies is a “non-starter” and is no longer on...

Lessons to be learned from Facebook’s WhatsApp deal, French watchdog says

PARIS Facebook’s $22 billion buyout of WhatsApp six years ago should have been blocked, the boss of France’s antitrust watchdog, which is set...

France tells U.S.: back a global digital tax or risk others going solo

PARIS The United States risks a proliferation of national taxes on tech giants if President Donald Trump rejects new international rules for taxing...

Exclusive: HSBC cutting around 100 staff in equities business – sources

HONG KONG/LONDON HSBC (HSBA.L) is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental...

‘Break up big tech’s monopoly’: Smaller rivals join growing chorus ahead of Congress hearing

BOULDER, Colo In April 2019, Tile.com, which helps users find lost or misplaced items, suddenly found itself competing with Apple Inc, after years...

Travelex staff put away pens and paper as UK systems come back online

More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign currency exchanges, the...