Author: Reuters

NEW YORK (Reuters) – “Sell in May and go away” is perhaps the oldest saw on Wall Street, but it appears there’s no shortage of U.S. mutual funds doing exactly that this year. Powered by...

BEIJING (Reuters) – China’s structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its...

WASHINGTON (Reuters) – The U.S. economy slowed less than initially thought in the first quarter, but softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the...

(Reuters) – Wall Street opened little changed on Friday, coming off six straight days of gains, as investors took to the sidelines ahead of a three-day holiday weekend. Powered by...

WASHINGTON, May 26 (Reuters) – U.S. economic growth slowed less sharply in the first quarter than initially thought, but the weakness was likely an aberration amid a strong labor market that is near full employment....