Search For Keyword.

Business

Global stocks hit fresh highs, dollar slips despite data

(Reuters) - A gauge of global stocks and Wall Street rallied to fresh highs on Wednesday on encouraging growth worldwide, while the dollar fell even as data revealed an accelerating U.S. service sector that could lead to higher interest rates in December. The Dow, S&P 500 and Nasdaq...

Asian shares edge up slightly after strong U.S. data

(Reuters) - Asian shares were a tad firmer on Thursday, taking their cues from strong U.S. data although holiday-thinned trade and uncertainty about the impact of recent hurricanes on the U.S. economy are likely to keep investors cautious. MSCI's broadest index of Asia-Pacific shares...

Trump says Puerto Rico's debt will have to be wiped out

(Reuters) - President Donald Trump said on Tuesday while on a trip to Puerto Rico to observe hurricane recovery efforts that the island’s massive debt will have to be wiped out. “They owe a lot of money to your friends on Wall Street and we’re going to have to wipe that out....