Stocks close at record highs to begin the fourth quarter; Dow jumps 152 points
U.S. equities closed at record highs on Monday as Wall Street kicked off the fourth quarter on a high note. The Dow…
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Economy
Asia trades mixed ahead of Reserve Bank of Australia policy decision
Asian markets were mixed in morning trade on Tuesday, despite U.S. equities closing at record highs overnight.…
Saudi Arabia establishing $2.7 billion entertainment investment firm
Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the deeply conservative…
Shunning dollar prices, Venezuela lists oil in Chinese yuan
Venezuela on Friday began listing the price of its oil in the Chinese yuan, following President Nicolas Maduro's…
US reports increasing income, falling poverty in 2016
Household income in the world's largest economy rose for the second straight year in 2016 while poverty also…
What to expect ahead of the Bank of England’s Sept. policy meeting
The Bank of England is expected to hold interest rates steady and make no changes to its asset purchasing program…
China Aug producer inflation climbs to 4-month high as economy races along
China's producer price inflation accelerated more than expected to a four-month high in August, fueled by strong…
Hilton Worldwide to open 13 hotels in Egypt in 10 years
Hilton Worldwide has revealed its expansion plan for Egypt, aiming to construct an additional 13 hotels within…
Economists raise 2017 Turkish growth forecast to record high
Turkey’s economy will expand more than previously expected in 2017, thanks to strong government and consumer…
World’s second-longest serving central banker out in Oman
Oman’s ruler replaced the head of the central bank after 26 years in the job as the Gulf Arab monarchy struggles to…