Falling bond yields are reviving the U.S. mortgage market. Rates on the standard 30-year mortgage are at their lowest level in almost three years. They are closely linked to yields on 10-year U.S. Treasury notes, which on Wednesday tumbled to 1.675%, the lowe…
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U.S. stocks rose after Chinas central bank set the yuan at a stronger-than-expected rate against the dollar, easing concerns that a brewing trade spat between the two countries was about to move into an all-out currency war.The Dow Jones Industrial Average ad…
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HONG KONGWith Hong Kongs summer of unrest escalating, its police are in a bind. The local population increasingly accuses them of inflaming protester rage by using excessive force, while mainland Chinese authorities are exhorting them to get tougher to resolv…
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Major Wall Street banks have given congressional committees investigating President Trump thousands of pages of documents related to Russians who may have had dealings with Mr. Trump, his family or his business, people familiar with the congressional probes s…
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Like a growing number of U.S. workers, Maricarmen Molina has mentally mapped out how she hopes to escape should a gunman ever enter her workplace.The 26-year-old shop steward at a New Jersey apparel warehouse said she plans to sprint to the back of the sprawl…
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James Daunt, who also leads Britains largest bookstore chain, Waterstones, on Wednesday became Barnes & Nobles fifth permanent chief executive in six years after hedge fund Elliott Management Corp. closed its deal to buy the company.
The New York-based c…
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WASHINGTONShould borrowers be denied new loans because they didnt finish college?That sort of question is vexing policy makers as they seek to encourage lenders to use new types of data and computer-driven models to allow more borrowers to qualify for loans a…
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Irans disruptions of Persian Gulf oil shipments are putting the countrys leaders in a difficult position as they retaliate against foes while trying not to irritate their few remaining allies.Tehran captured two U.K.-connected vessels in the Persian Gulf on J…
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Kraft Heinz Co.
KHC -14.28%
s troubles deepened as the giant food maker reported falling sales and again wrote down the value of its brands. The Chicago-based conglomerate said Thursday that it recorded $1.22 billion in impairment charges for the first six…
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An effort by the Federal Bureau of Investigation to more aggressively monitor social media for possible threats could clash with
Facebook Inc.
FB 1.69%
s privacy policies and possibly its attempts to comply with a record $5 billion settlement with the U.S…
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