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Consumer staples lead Wall Street rebound

U.S. stocks rose broadly on Friday, driven by the consumer staples sector which was helped by Procter & Gamble results, brushing aside growth risk concerns in Europe and political tensions in Saudi Arabia.

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United States Europe & Middle East Asia Pacific

Spike in big U.S. farm loans may add risk to ag banks -KC Fed

A sharp jump in U.S. farmers seeking operating and equipment loans of at least $1 million fueled a spike in agricultural lending in the third quarter of 2018, as trade worries added to economic strain in the farm sector, the Federal Reserve Bank of Kansas City said on Friday.

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