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Russia vows to help Iran counter US oil sanctions

Russia vows to help Iran counter US oil sanctions

Energy minister says Moscow will continue trading Tehran’s crude despite American restrictions

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City maverick Michael Spencer: Trading? ‘It’s a contact sport’

City maverick Michael Spencer: Trading? ‘It’s a contact sport’

The veteran financier on the Big Bang, banking’s boomtime and the scandals that scuppered his peerage

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Apple to stop revealing unit sales sparking peak iPhone fears

Apple to stop revealing unit sales sparking peak iPhone fears

Shares slide as much as 7% and analysts worry about less transparency on prices

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Brazil’s new finance minister eyes ‘Pinochet-style’ fix for economy

Brazil’s new finance minister eyes ‘Pinochet-style’ fix for economy

Paulo Guedes is targeting free market reforms similar to those of ‘Chicago boys’ in 1970s Chile

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Alibaba cuts revenue forecasts as economic uncertainty bites

Alibaba cuts revenue forecasts as economic uncertainty bites

Move to bricks and mortar retail weighs on margins in second quarter

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Apple’s Stock Drop Threatens Trillion-Dollar Valuation

Apple’s Stock Drop Threatens Trillion-Dollar Valuation

Shares of Apple stumbled in early trading Friday as investors fretted over the iPhone maker’s financial outlook for the important holiday quarter and the company’s decision to stop reporting device unit sales in future results.

Published 1 month ago

Troops Deploy to Parts of Border Where Migrant Caravans Are Deemed Most Likely to Go

Troops Deploy to Parts of Border Where Migrant Caravans Are Deemed Most Likely to Go

Members of caravans, which are more than 800 miles from the nearest crossing and traveling by foot, are likely to choose one of the areas in Texas, California and Arizona to try to enter the U.S. because they are the safer and easier options.

Published 1 month ago

Alibaba Sales Rise 54% Despite Concerns Over Slowing Chinese Economy

Alibaba Sales Rise 54% Despite Concerns Over Slowing Chinese Economy

Chinese e-commerce giant Alibaba reported a 54% rise in fiscal second-quarter revenue from the year-earlier period, driven by solid demand from Chinese consumers online.

Published 1 month ago

Exxon, Chevron Profits Soar as Big Oil Returns to Dominance

Exxon, Chevron Profits Soar as Big Oil Returns to Dominance

Exxon Mobil and Chevron each reported their highest third-quarter profit in four years as the world’s largest oil companies appeared to have finally shaken off the doldrums of a years-long oil price crash.

Published 1 month ago

Everything You Need to Know About the New Tax Law—Before the End of the Year

Everything You Need to Know About the New Tax Law—Before the End of the Year

What has changed for 2018 filers after Congress enacted the largest tax overhaul in a generation? Here are answers to the most common questions taxpayers are asking about the new law.

Published 1 month ago

Obama and Trump Jockey Over Legacy at Campaign Rallies

Obama and Trump Jockey Over Legacy at Campaign Rallies

The former and current presidents see the midterm election as crucial to their mark on the U.S. politics and economy.

Published 1 month ago

Five Below, the Amazon-Proof Store

Five Below, the Amazon-Proof Store

Many retailers are closing stores. Five Below can’t seem to open them fast enough. The retailer of items selling for $5 or less has nearly quadrupled its number of locations since its IPO, including adding one Friday in Manhattan.

Published 1 month ago

October Jobs Report: Everything You Need to Know

October Jobs Report: Everything You Need to Know

October Jobs Report: Everything You Need to Know

Published 1 month ago

Global Stocks and the Yuan Jump on Hopes for a U.S.-China Trade Truce

Global Stocks and the Yuan Jump on Hopes for a U.S.-China Trade Truce

Global stocks and the Chinese yuan rose sharply on indications that trade tensions between the U.S. and China are de-escalating.

Published 1 month ago

Everything You Need to Know About the New Tax Law—Before the End of the Year

Everything You Need to Know About the New Tax Law—Before the End of the Year

What has changed for 2018 filers after Congress enacted the largest tax overhaul in a generation? Here are answers to the most common questions taxpayers are asking about the new law.

Published 1 month ago