Wall St. little changed in choppy trading; financials weigh

- Wall Street was little changed in choppy trading on Friday as investor optimism due to fading chances of an interest rate hike this year was offset by a fall in energy and financial stocks. | Video

Recent Business News

No impact on used VW diesel car prices in Europe from scandal: survey

LONDON - The emissions-cheating scandal shaking Volkswagen has not affected the price of used VW diesel cars in Europe, a car valuation firm said on Friday, while warning that could change later in the year.

Wal-Mart changes CFO, gets new chief merchant in latest shuffle

- Wal-Mart Stores Inc on Friday named a new chief financial officer and installed a chief merchant, marking the latest shuffling of its management ranks as the retailer grapples with sluggish earnings.

1:32pm EDT

Sturdy quarter likely for financials, but ETF investors cautious

NEW YORK - The financial sector is expected to be a bright spot for U.S. earnings growth in the third quarter, but options traders are playing it safe by snapping up protection against any surprises.

12:06pm EDT

China concerns leave central banks in difficult spot

LONDON - The coming week will provide clues on whether the global economy is escaping from its lackluster growth rut, amid growing concerns of another downturn which central banks have few tools left to fight.

11:57am EDT

StanChart chief plans to cut about 1,000 top staff: memo

SINGAPORE/LONDON - Standard Chartered's new Chief Executive Bill Winters plans to cut about 1,000 of the bank's most senior staff to reduce costs, according to a memo sent to staff, as he battles to revive the bank following a sharp drop in profits. | Video

12:37pm EDT


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