The Federal Reserve probably needs to keep U.S. interest rates lower for longer given headwinds from weak global economic growth, a stronger dollar and an unexpectedly sustain ..
Oil prices rose on Friday, rebounding more than 25 percent from 12-year lows hit last week and cutting losses for the month, on prospects of a deal between major exporters to ..
The Federal Reserve is clearly on a path of returning interest rates to a normal level of 3 percent to 3.5 percent over the next few years, a top Federal Reserve official said ..
At one point last week, the S&P's loss for 2016 reached 11 percent before recovering to end the month down 5 percent. Global equities got a surprise boost on Friday a ..
Mohamed El-Erian, the chief economic advisor at Allianz, said on Friday the Bank of Japan's shocking move to take one of its main interest rates into negative territory u ..
Caterpillar says it plans to close five plants, causing a net reduction of about 670 jobs in Illinois and several other states, as part of a broader cost-cutting campaign anno ..
General Motors Co (GM.N) executives used to boast about how frequently the company redesigned cars and trucks. Now, the automaker wants to double the lifespan of vehicle platf ..
The plane is the fourth version of the original 737, which made its first flight in 1967 and has become one of Boeing's most profitable aircraft. The 737 MAX features new ..
The Federal Reserve will be patient as it decides how trouble overseas could hit the U.S. economy, a Fed policymaker said in an interview, suggesting the central bank will be ..
Volkswagen (VOWG_p.DE) is suspending production at its main gearbox plant as the carmaker grapples with reduced demand and the effects of technical problems at another German ..