Trading in the U.S. index futures suggests that Wall Street stocks may open Thursday's session modestly lower, as traders stay guarded, given the nervousness over the trajectory of the Fed rate. Commodities are mostly higher and the dollar is weak. After Asian stocks closed lower, the European markets are seeing marked weakness.
The major European markets are trading lower by early afternoon trading on Thursday, although they have come off their early lows. Risk off mood prevails as traders await Fed Chair Janet Yellen's speech at the annual Jackson Hole symposium on Friday.
A new Nike ad, "Unlimited Pursuit," highlights the hard work and dedication of female Olympians it takes to be the best. The latest installment in the Nike "Unlimited" - Just Do It campaign features some of world's greatest athletes from Rio 2016 Olympics. Gymnasts Simone Biles and Gabby Douglas, tennis player Serena Williams and many others are shown in the 40-second clip.
Amazon.com on Wednesday announced the launch of Kindle Reading Fund, aiming to donate Kindle e-reader, Fire tablets, and Kindle eBooks globally to make books more easily available for digital reading. For this purpose, the company joining hands with local schools and libraries, hospitals, PTA as well as nonprofit organizations, mainly Worldreader.
The FDA has turned down Amgen Inc.'s (AMGN) Parsabiv, proposed for the treatment of secondary hyperparathyroidism in adult patients with chronic kidney disease on hemodialysis.
A federal judge has dismissed a lawsuit that accused Starbucks (SBUX) of cheating customers by "under-filling" its cold beverages.
The lawsuit alleged that Starbucks is deceiving its customers by serving iced drinks with too much ice cubes and less coffee "than advertised."
"If children have figured...
Ford Motor Co. (F) Wednesday issued a recall of more than 88,000 vehicles to fix a fuel pump issue that could cause cars to stall.
The company said no accidents or injuries have been reported due to the defect, however, the defect pose potential safety risks.
The recall involve about 88,000 units...
Apparel retailer Guess? Inc. (GES) on Wednesday reported an increase in profit for the second quarter, despite lower-than-expected revenues reflecting a one-time gain. Earnings for the quarter easily trumped Wall Street estimates, sending the company's stock up over 14 percent in extended hours.
HP Inc. (HPQ) on Wednesday reported a drop in profit for the third quarter hurt largely by a 4 percent drop in revenues as the company continues to struggle with weak demand for printers. Shares of the computer and printer maker slipped 5 percent in extended session after it detailed a weak fourth quarter...
Stocks moved mostly lower over the course of the trading day on Wednesday, more than offsetting the modest uptick seen in the previous session. Selling pressure picked up as the day progressed, dragging the major averages firmly into negative territory.
Mortgage applications in the U.S. dropped 2.1 percent last week, despite lower interest rates.
According to data from the Mortgage Bankers Association, market composite index, a measure of mortgage loan application volume, decreased 2.1 percent on a seasonally adjusted basis from one week earlier.
North Carolina is increasingly seen as a swing state, and the results of a new Monmouth University Poll suggest the presidential election in the Tar Heel State is once again likely to be tight. Forty-four percent of likely North Carolina voters support Democratic nominee Hillary Clinton, while 42 percent back Republican nominee Donald Trump.
Five Star Shellfish Inc. has announced a voluntary recall of oysters from Canada due to a potential Salmonella contamination.
The company distributed the Five Star branded oysters to retailers in Alberta, Manitoba and Ontario, which were harvested after August 13. The Canadian Food Inspection Agency...
Republican Senator Jeff Flake, R-Ariz., has predicted that GOP nominee Donald Trump will lose the presidential election unless he changes the tone of his campaign. During a town hall at one of Allstate's corporate campuses on Tuesday, Flake also questioned whether Trump deserves to win.
LoopUp Group, a UK-based startup that provides software technology for conference calls and remote meetings, on Wednesday became the first technology company to float shares on the London Stock Exchange since Britain's decision to leave the European Union.
LoopUP raised £8.5 million by selling shares...