Edition:
United States

Business

Photo

U.S debt deluge lifts bond yields to four-year high, Asia stocks down

TOKYO Asian stocks slipped and the U.S. dollar advanced on Tuesday, as a deluge of U.S. government debt this week and the specter of inflation and a higher fiscal deficit drove U.S. borrowing costs near four-year highs.

Recent Business News

EU seeks to join U.S.-China steel dispute at WTO

BRUSSELS The European Union asked on Monday to join a dispute brought by China to the World Trade Organization over U.S. import tariffs on steel and aluminum, just over a week before U.S. President Trump decides whether they should apply to Europe.

2:43pm EDT

Nasdaq proposes letting companies decide where their shares trade

Nasdaq Inc on Monday said it will ask regulators to let it give thinly-traded companies that list on its main U.S. stock exchange a choice as to whether their shares can be traded on other exchanges, with the aim of making it easier for investors to buy the stocks.

4:51pm EDT

Hasbro blames Toys 'R' Us for poor first quarter

Hasbro Inc reported worse than expected results for the first quarter on Monday, blaming the bankruptcy of Toys 'R' Us for a slide in revenue but also promising the worst would be over in the first half of 2018. | Video

4:00pm EDT

Wells Fargo CEO's pay details spark pushback by some employees

WASHINGTON/BOSTON Wells Fargo & Co's disclosure of how its chief executive's pay compares to the rest of its workforce has drawn criticism from some company employees ahead of the scandal-plagued bank's annual shareholder meeting.

12:54pm EDT

Trump's revenge: U.S. oil floods Europe, hurting OPEC and Russia

MOSCOW/LONDON As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude.

3:23pm EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary