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Updated: 2 hours 57 min ago

America's Emerging Petro Economy Flips the Impact of Oil

3 hours 14 min ago
The effect of oil prices on the U.S. economy used to be straightforward: Higher was bad. Yet between 2014 and early 2016, as oil collapsed, growth slowed sharply. Since then oil has doubled, yet the economy has accelerated.

What to Watch in the Fed Minutes

3 hours 28 min ago
The Federal Reserve on Wednesday will offer more details on policy makers’ outlook for 2018 when it releases the minutes of their Jan. 30-31 meeting. Officials voted then to hold their benchmark federal-funds rate steady in a range between 1.25% and 1.5%. The minutes will be released at 2 p.m. EST.

3M, State of Minnesota Settle For $850 Million

Tue, 02/20/2018 - 15:05
3M Co. will pay $850 million to settle Minnesota’s lawsuit, claiming the manufacturer contaminated water in the state for at least five decades.

Glencore's Predicament: How to Handle Payments to Individual Under U.S. Sanctions

Tue, 02/20/2018 - 14:43
Swiss mining giant Glencore is grappling with a thorny problem: whether it can make royalty payments to Israeli billionaire Dan Gertler, a former partner placed under sanctions by the U.S. government.

Spending Bill Raises Expectations for More Fed Rate Increases

Tue, 02/20/2018 - 14:35
A bipartisan spending deal reached by U.S. lawmakers earlier this month has prompted many Wall Street economists to raise their projections of how much the Federal Reserve will raise interest rates this year and next.

Dow, S&P 500 Lose Steam After Six Sessions of Gains

Tue, 02/20/2018 - 14:19
Falling shares of Walmart pulled the Dow Jones Industrial Average and the S&P 500 lower Tuesday, snapping a six-session winning streak for the indexes.

Proposal Would Loosen Limits on Short-Term Health Plans

Tue, 02/20/2018 - 10:55
The Trump administration released a proposal that would allow for the proliferation of less-comprehensive, cheaper health plans restricted under the Affordable Care Act.

Hotels Check Into Technology Arms Race

Tue, 02/20/2018 - 09:49
In a wake-up call to investors, Holiday Inn owner InterContinental Hotels said it won’t return extra cash this year.

Walmart's Online Sales Come Under Pressure

Tue, 02/20/2018 - 09:49
Walmart reported strong holiday sales but said online sales growth slowed during the quarter, marking a turn from three quarters of booming web growth.

Trump Administration Looking at Bankruptcy Options for Student Debt

Tue, 02/20/2018 - 09:30
The Trump administration is looking to clarify when Americans can discharge student loans in bankruptcy, responding to concerns that more borrowers will be stuck under huge debt burdens for years.

Proposed Rules Would Allow Meatpackers to Slaughter Hogs Faster

Tue, 02/20/2018 - 09:13
Proposed rules allowing meatpackers to slaughter hogs faster and play a bigger role in policing food safety are drawing criticism.

Trump Administration Seeks to Stimulate Private Space Projects

Tue, 02/20/2018 - 08:52
Vice President Mike Pence on Wednesday is expected to announce new moves promoting private ventures in space, including easing launch rules and putting the Commerce Department in charge of broader deregulation initiatives.

Mandates, Not Market Prices, Likely to Keep U.S. Solar Growing

Tue, 02/20/2018 - 07:52
Government mandates requiring utilities to procure renewable energy should keep U.S. solar power growing, despite new Trump administration tariffs on imported solar panels that are poised to raise prices.

Guess Co-Founder to Step Away During Investigation Into Conduct

Tue, 02/20/2018 - 07:34
Guess? said Tuesday that co-founder Paul Marciano will relinquish his day-to-day responsibilities with the company and salary during a continuing investigation into recent allegations of improper conduct.

Tax Regulations at Center of GOP Dispute

Tue, 02/20/2018 - 07:26
A turf battle is breaking out in the Republican Party over which agencies should have a say in writing new regulations stemming from last year’s landmark tax legislation.

Washington's $500 Million Financial-Storm Forecaster Is Foundering

Tue, 02/20/2018 - 07:13
The Office of Financial Research was supposed to anticipate trouble and issue warnings, but initiatives have been delayed or scaled back. Now the Trump administration is holding it up as an example of governmental overreach.

Trial Tests FTC's Power to Referee Drugmakers' Fight Against Generics

Tue, 02/20/2018 - 06:58
A trial under way in federal court in Philadelphia is testing the power of U.S. competition regulators to crack down on drug makers’ alleged moves to thwart the sale of low-cost generics.

Silicon Valley Has a New Investment Opportunity: Your Home

Tue, 02/20/2018 - 04:33
Companies including some backed by Silicon Valley venture-capital firms and Mark Zuckerberg’s nonprofit are experimenting with a product that essentially lets them take an ownership position in a house along with the homeowner.

BHP Willing to Talk About Activist's Overhaul Plan

Tue, 02/20/2018 - 03:58
BHP Billiton, its net profit off 37%, signaled it may be willing to yield to activist investor Elliott Management’s latest assault on its corporate structure, even as it lifted its dividend 38%.

Qualcomm Set to Raise Bid for NXP to $44 Billion

Tue, 02/20/2018 - 03:31
Chip giant Qualcomm is set to raise its bid for NXP Semiconductors to about $44 billion in an effort to win shareholder support for the acquisition and help it fend off a takeover approach from Broadcom.


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