Author: Reuters

(Reuters) – U.S. stocks were higher in early afternoon trading on Friday, with the major indexes hovering near record levels, after a tepid August jobs report reduced the odds of another rate hike this year. Powered by...

NEW YORK (Reuters) – A potential standoff over the U.S. federal debt ceiling is raising alarm bells among fund managers who fear a repeat of 2011 when a protracted showdown over increasing the government’s borrowing...

(Reuters) – U.S. stocks rose on Friday, with the Dow hitting the 22,000 mark for the first time in more than two weeks, after a tepid August jobs report increased the likelihood of the Federal Reserve holding back on...

WASHINGTON (Reuters) – The Federal Reserve on Friday finalized a new rule that should make it easier to wind down systematically important U.S. banks by creating a safe harbor for financial contracts after a firm defaults....

(Reuters) – U.S. stocks opened higher on Friday, with the Dow hitting the 22,000 mark, after data showed job growth slowed more than expected in August, which could make the central bank cautious about raising interest...