Business

Photo

Data brings more focus on timing of U.S. rate hike

NEW YORK - U.S. stock investors may be bracing for further signs next week that the Federal Reserve could increase interest rates sooner rather than later, with retail sales expected to rebound after two straight months of declines.

Recent Business News

Nasdaq market share drops in fee and rebate cutting experiment

NEW YORK - Nasdaq OMX Group said on Friday its experiment in lowering exchange fees and rebates in 14 stocks has so far led to lower market share in those names on its exchange as many electronic market making firms sought higher rebates elsewhere.

3:08pm EST

Tesla says Nevada battery plant on track despite report of delay

DETROIT - Tesla Motor Inc said on Friday that construction of its giant $5 billion battery plant in Nevada remains on schedule despite a newspaper report saying the electric carmaker's project was delayed.

3:28pm EST

Greece sends EU reform list, more hurdles before early cash

ATHENS/BRUSSELS - Greece sent its euro zone partners an augmented list of proposed reforms on Friday but EU officials said several more steps were required before any release of aid funds to a country that Prime Minister Alexis Tsipras says has a noose around its neck.

3:18pm EST

Oil in biggest weekly drop since January on dollar, rate-hike fear

NEW YORK - Crude oil prices closed down on Friday, with benchmark Brent losing its most in a week since January, as a resurgent dollar and fear of a U.S. rate hike diverted attention from the shrinking number of rigs drilling for oil in the United States. | Video

8:37pm EST

Staples sales fall for eighth straight quarter

- Staples Inc reported its eighth straight decline in quarterly sales, highlighting the company's need to seal its deal to buy Office Depot Inc as competition in the office supplies market intensifies.

6:27pm EST

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary