Author: Reuters

(Reuters) – A selloff in technology stocks, led by Facebook and Apple, drove down major Wall Street indexes on Monday. Powered by...

SYRACUSE, N.Y. (Reuters) – The Federal Reserve is on track to gradually raise interest rates given the recent inflation weakness is fading and the U.S. economy’s fundamentals are sound, an influential Fed policymaker...

SYRACUSE, N.Y. (Reuters) – The Federal Reserve is on track to gradually raise interest rates given factors depressing inflation are “fading” and the U.S. economy’s fundamentals are sound, an influential...

LONDON (Reuters) – The euro and European government bond yields slipped on Monday after the bloc’s most powerful leader, German Chancellor Angela Merkel, won a fourth term but faced a fractured parliament as support...

ZURICH (Reuters) – Power grids maker ABB is buying General Electric’s Industrial Solutions business for $2.6 billion in a bet it can improve the division’s lackluster margins over the next five years, the Swiss...