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Markets doubt Fed's ability to defend economy, spur inflation

The U.S. Federal Reserve wanted to do two things when it cut rates for the first time in a decade last month: Support the economy and spark inflation expectations. ...

Exclusive: Boeing, grappling with uneven 737 supply chain, targets 52 per month in February - sources

Boeing Co has told suppliers it will resume production of its best-selling 737 jets at a rate of 52 aircraft per month in February 2020, then stepping up to a record 57 jets monthly in June, three...

SEC fines Deutsche Bank $16 million to settle foreign corruption charges

The U.S. Securities and Exchange Commission on Thursday said Deutsche Bank had agreed to pay $16 million to settle charges that it violated the Foreign Corrupt Practices Act. ...

Two Fed officials see no case for rate cut now; Kaplan 'open-minded'

Two Federal Reserve officials on Thursday said they see no need for an interest rate cut next month, while another said he was "open-minded," highlighting policymakers' divisions over how to respon...

Facing farmer anger, Trump scrambles Cabinet to brainstorm on biofuel policy: sources

U.S. President Donald Trump, faced with mounting anger in the farm belt over policies that allow oil refineries to use less corn-based ethanol, summoned Cabinet members on Thursday to discuss ways ...

HP CEO steps down, taps veteran insider; flags quarterly profit below Street view

HP Inc said on Thursday Chief Executive Officer Dion Weisler is stepping down after nearly four years in the role, and forecast fourth quarter profit below Wall Street estimates, sending its share...

U.S., Chinese officials held productive trade call: White House adviser

U.S. and Chinese deputy-level negotiators held a "very constructive" teleconference on Wednesday and the Trump administration is still planning for a round of in-person talks in September, White Ho...

U.S. factories show signs of trouble; labor market still firm

Activity is contracting in the U.S. manufacturing sector but the number of Americans filing applications for unemployment benefits fell last week, signs that factories are suffering from a global s...

Is the U.S. economy sinking or the strongest ever? For the Fed, no clear answer

The U.S. Federal Reserve is under pressure from President Donald Trump to cut interest rates. Investors expect the Fed to cut, perhaps by a lot. ...

White House mulling tax cuts but not to counter weakness: adviser

The Trump administration is considering a package of tax cuts designed to buttress the economy's long-term growth that could be rolled out during the 2020 election campaign, but it is not consideri...