SAN FRANCISCO (Reuters) – With the quiet period related to Uber Technologies disastrous IPO last month coming to an end, investors can expect a deluge of analyst research initiations on the ride-hailing service. Morgan Stanley, Goldman Sachs and Bank of America are among roughly two dozen Wall Street banks that underwrote the firm’s stock market […]

WASHINGTON (Reuters) – The Great Recession ended a decade ago this month, but for the U.S. Federal Reserve the fallout has posed an era-defining choice: Either jolt Americans to expect higher inflation, or keep the printing press ready for the next economic slide. That politically fraught decision is the focus of a conference in Chicago […]

(Reuters) – Alphabet Inc’s shares closed 6% down on Monday following reports that the U.S. Justice Department may investigate Google for hampering competition. The potential investigation represents the latest attack on a tech company by the Trump administration, which has accused social media companies and Google of suppressing conservative voices on their platforms online. Alphabet’s […]

The owners of a luxury hotel in Panama City that ousted the Trump Organization as property managers last year accused it on Monday of evading taxes in Panama and creating a “false light” around the hotel’s finances. The accusations, made in a legal filing in Manhattan federal court, are fraught with potential diplomatic and legal […]

(Reuters) – Major automakers on Monday posted higher U.S. new vehicle sales for May, the first increase for 2019 as a strong economy and upbeat consumer sentiment fueled demand. Fiat Chrysler Automobiles NV,, Toyota Motor Corp and Nissan Motor Co Ltd all posted sales gains for May compared with the same month in 2018. U.S. […]

WASHINGTON (Reuters) – Top administration officials said on Sunday that U.S. President Donald Trump’s proposed tariffs on Mexican imports would not interfere with the finalization of a North American trade pact and were designed to force Mexico’s hand in immigration talks. Mick Mulvaney, acting White House chief of staff, said on “Fox News Sunday” that […]

MEXICO CITY (Reuters) – Mexico’s president on Saturday hinted his country could tighten migration controls to defuse U.S. President Donald Trump’s threat to impose tariffs on Mexican goods, and said he expected “good results” from talks planned in Washington next week. Trump said on Thursday he will apply the tariffs on June 10 if Mexico […]

WASHINGTON — President Trump’s threat to punish Mexico with tariffs until it restrains the flow of migrants across the southwestern border rattled financial markets on Friday and prompted pushback from the Mexican government, American businesses and Republican lawmakers, who accused Mr. Trump of overstepping his authority and pressed him to back down. The president has […]

Conditions are easing somewhat this spring for home shoppers, real estate experts say. Price increases are slowing. There are more properties for sale. And mortgage rates are low. “Home buyers are probably going to feel the first signs of relief” in years, said Ralph McLaughlin, deputy chief economist at property data firm CoreLogic. Home prices […]

SYDNEY (Reuters) – U.S. stock futures slid and sovereign bonds surged on Friday as investors feared President Donald Trump’s shock move to slap tariffs on Mexico risked tipping the United States, and maybe the whole world, into recession. The outlook darkened further when a key measure of Chinese manufacturing activity disappointed for May, questioning the […]