- U.S. stock index futures fell on Friday ahead of the August jobs report that is expected to feature in the Federal Reserve's decision to raise interest rates for the first time since 2006.
Recent Business News
NEW YORK - The "flight to safety" into bonds many expected when U.S. stocks slumped last week never took off, making big losers out of prominent fund managers and further confusing investors at a volatile time in the market.
ANKARA - The U.S. Federal Reserve is coming under pressure from emerging markets not to raise rates too soon as turmoil in China threatens global growth, but the G20 will not publicly call for any delay, delegates meeting in Turkey said on Friday.
PARIS - European planemaker Airbus said on Friday that it won 754 orders in the first eight months of the year, boosted by an order surge last month that included one worth $26.55 billion at list prices from Indian carrier IndiGo.
TOKYO - The Bank of Japan does not need to expand monetary policy in October even if it cuts its growth and price forecasts, as long as inflation expectations are well anchored, the IMF's mission chief for Japan said on Friday.
NEW YORK - Qualcomm Inc's President Derek Aberle, under pressure from activist hedge fund Jana Partners to improve the licensing and chip design firm's stock performance, on Thursday sounded a cautionary note about a potential breakup of the company.