Markets & Finance News

In a dusty business park in Konya, Turkey's conservative industrial heartland, Ahmet Hakan Umit sells imported machine tools that are quickly becoming too expensive for his customers.

U.S. Treasury yields dropped on Thursday, pressured by worries over a continuing U.S. trade battle with China that triggered a cut in forecast earnings by German carmaker Daimler, as well as U.S. data that came in

The U.S. Supreme Court on Thursday expanded presidential control over pivotal jobs in federal agencies, ruling that the way the Securities and Exchange Commission selected its in-house judges to enforce investor-protection laws was improper.

States have broad authority to force online retailers to collect potentially billions of dollars worth of sales taxes, the U.S. Supreme Court ruled on Thursday, siding against e-commerce companies in their high-profile fight with South Dakota.

The dollar fell off an 11-month high on Thursday against a basket of major currencies as the Philadelphia Federal Reserve's gauge of U.S. Mid-Atlantic business activity fell to a near 1-1/2 y

U.S. stocks fell on Thursday, weighed down by declines in Amazon after the U.S. Supreme Court let states force online retailers to collect sales tax.

Simmering trade and political tensions and a pumped-up dollar weighed on world shares on Thursday, while oil prices were under pressure before an OPEC meeting expected to increase the world's supply of crude.

Activist investor Land & Buildings on Thursday resumed its criticism of department store owner Hudson's Bay Co, urging it to correct its underperformance and extract value from its substantial real estate holdings.

Euro zone consumer confidence fell more than expected in June, figures released by the European Commission showed on Thursday, adding to signs in the second quarter of a cooling of the bloc's economy. While the Commission did not give details on the reason for the deterioration, protectionist talk by the United States administration and fear of a trade war with China and the European Union have spooked markets worldwide. The d

Hungarian Prime Minister Viktor Orban on Thursday said leaders of the Visegrad Four countries Hungary, Poland, Slovakia and the Czech Republic will skip a European Union mini-summit on the migration crisis this weekend.