Author: Reuters

Wall Street extended its gains on Wednesday after Federal Reserve Chair Jerome Powell said that the central bank’s policy rate was “just below” neutral, hinting at a potential moderation in the pace of policy...

Ford Motor Co said on Wednesday it will reshuffle workers at several of its plants to meet rising demand for pickup trucks and large SUVs, a process that will require finding new positions for 150 workers displaced by the...

Microsoft Corp’s stock market value surpassed Apple Inc’s and pulled ahead by as much as $3 billion on Wednesday as the Windows software maker benefited from optimism about demand for cloud computing...

State-owned Israel Aerospace Industries (IAI) said on Wednesday it signed an agreement with U.S. planemaker Boeing Co last week to cooperate on commercial and military aviation in Israel and some other...

The U.S. faces only moderate financial risks despite elevated asset prices and concern over the possible impact of rising corporate debt, U.S. Fed chairman Jerome Powell said on Wednesday as the central bank released a broad...