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If she hoped that as a result, China would restrain North Korea that promise vanished with last week’s nuclear test. If she hoped China would respond with tough sanctions, she had time to reconsider when, according to the New York Times, President Xi declined to accept her...

Governor Snyder is in Flint Monday, addressing the health emergency involving the city’s lead contaminated water.

It seems that the 2016 housing market is off to a fast start, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending january 8.

State emergency officials distribute bottled water Tuesday in Flint, Michigan.

Based on weaker-than-expected holiday season, the company revised down its fourth quarter of fiscal 2016 (4QFY16) outlook. But Best Buy may have to be proactive on the store closure front ahead of what could be another challenging year for sales.

The S&P 500 index is now down 7.5 percent this year, while the Dow is off 7.3 percent.

JPMorgan Chase & Co, the biggest US bank by assets, reported a better-than-expected quarterly profit for the last quarter of the year as it kept a tight lid on expenses and legal costs dropped sharply. Last year, the bank earned $4.93 billion, or $1.19 a share, during that...

Petrobras, Brazil’s state-run oil producer, yesterday slashed its investment plan for the third time in just over six months as it tries to preserve cash to pay its debt, the industry’s largest.

David Doyle was among the first to predict the drop in the CAD to USD exchange rate, calling for the Canadian dollar to drop to US$0.70 a year ago.

In the past week, six banks including Goldman Sachs Group Inc., Bank of America-Merrill Lynch and JPMorgan Chase & Co. have pushed back their forecasts for the timing of the first rate increase to the fourth quarter. She remarked, “Some of the recent data from the...

Wesfarmers, which owns supermarket Coles and home improvement chain Bunnings in Australia, says it has completed due diligence on Homebase and transaction documents are being finalised.

Turnover would have risen 3pc by stripping out sales falls in Hong Kong and Macau, regions that have caused trouble for many retailers due to changes to Chinese visas, which has stemmed the flow of visitors from the mainland.

Home Retail Group, target of a £1bn bid approach from Sainsbury’s, warned that poor sales at its Argos chain would hurt group profits.

“And I think the outcome, which is the release of the sailors just hours after the president completed his address is a pretty powerful endorsement of that strategy”, he said. Worldwide sanctions relief will be triggered when Iran follows through on commitments to...

It fought back over the Christmas period by lowering prices and hiring more staff. The supermarket hired an additional 4,000 staff and focused on a strong seasonal display of goods. The company said it is making good progress and are trading in line with profit expectations for...