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Trump's dilemma: slower job growth or rising rates and inflation?

WASHINGTON A drop in the U.S. unemployment rate last month to a 9-year low signals the risk of a collision between President-elect Donald Trump's plans to goose the economy and the Federal Reserve's efforts to tap the brakes with higher interest rates.

Recent Business News

Investor Cuban to testify at Senate hearing on AT&T-Time Warner deal

WASHINGTON Billionaire investor Mark Cuban will be among the witnesses scheduled to testify at a U.S. Senate Judiciary panel hearing on Dec. 7 on AT&T Inc's proposed $85.4 billion acquisition of Time Warner Inc .

11:22am EST

Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case

NEW YORK Deutsche Bank AG has agreed to pay $60 million to settle U.S litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices.

4:43pm EST

United to pay $2.4 million over 'Chairman's Flight': U.S. SEC

WASHINGTON United Airlines' parent company will pay $2.4 million to resolve civil books and records violations after it reinstated an unprofitable flight route to accommodate the chairman of the Port Authority of New York and New Jersey, the U.S. securities regulator said.

Small banks rally pauses but may not be over yet

NEW YORK The rally in regional U.S. bank stocks that followed last month's election of Donald Trump may not be over, but investors may have to wait for policy to take shape for the massive move to extend further.

4:46pm EST

Starbucks' CEO transition unlikely to stymie growth: analysts

Starbucks Chief Executive Howard Schultz's decision to step down is unlikely to hamper growth at the world's biggest coffee chain as his successor Kevin Johnson is well suited to take the helm, analysts said. | Video

4:14pm EST

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