JACKSON HOLE, Wyo. (Reuters) – Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession.
JACKSON HOLE, Wyo. (Reuters) – The Federal Reserve could push banks to lend more by paying Wall Street smaller returns on money stashed at the U.S. central bank when inflation is low, according to an academic paper presented on Saturday.
BAGHDAD (Reuters) – Iraq’s government would consider selling crude through Iran should talks with the autonomous Kurdish region on an oil revenue-sharing agreement fail, a senior oil ministry official in Baghdad told Reuters.
SAN FRANCISCO (Reuters) – Wall Street will fixate on a wave of U.S. economic data next week, crested by payrolls data on Friday that could sway expectations about the timing of future interest rate hikes and spark volatility in record-high stock prices… Continue reading
NEW YORK (Reuters) – Bankrupt U.S. teen retailer Aeropostale Inc received bids this week for its business from private equity firm Sycamore Partners, as well as liquidators, firms that wind down businesses, according to people familiar with the matter… Continue reading
(Reuters) – Medical device manufacturer St. Jude Medical Inc said on Friday a report by short-selling firm Muddy Waters and a cyber-security researcher alleging its heart devices were riddled with bugs was “false and misleading.”
CHICAGO (Reuters) – Caesars Entertainment Corp must face lawsuits from bondholders seeking some $11 billion in claims, a U.S. judge ruled on Friday in a decision the casino company had warned could plunge it into bankruptcy alongside its operating uni… Continue reading
CANTON, Mass. (Reuters) – The granddaughter of Viacom Inc’s controlling shareholder Sumner Redstone has agreed to let a Massachusetts court dismiss claims brought by former company leaders, a step that will help end a battle over the fate of the media … Continue reading
STERLING HEIGHTS, Mich. (Reuters) – Fiat Chrysler Automobiles has been approached by several suitors for its components business Magneti Marelli, the carmaker’s chief executive said on Friday, without giving names or mentioning how many had shown int… Continue reading
CANTON, Mass. (Reuters) – A Massachusetts judge on Friday told attorneys to see if they could agree to resolve at least parts of a lingering family dispute over the fate of the empire built by Sumner Redstone, the controlling shareholder of Viacom Inc … Continue reading