When Fed chief Jerome Powell makes his remarks to a meeting of central bankers in Jackson Hole, Wyoming, he may not say much about interest rates cuts. The reason: He may not actually know.
Business & Financial News, U.S & International Breaking News
Walmart, Tesla look to address issues surrounding solar systems
Walmart Inc and Tesla Inc are looking to address all issues surrounding the solar installations at Walmart stores, the companies said late on Thursday, two days after the retailer sued the electric carmaker for "widespread negligence" that led to repeated fires at the installations.
Stocks, dollar climb before Powell's Jackson Hole speech
World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether the U.S. central bank remains on course to deliver another interest rate cut in next month.
India increases restrictions in Kashmir ahead of separatist call for protests
Authorities in the main city of Indian Kashmir tightened security ahead of Friday prayers after separatists called for a protest march to a U.N. office, with streets bristling with paramilitary personnel and some blocked by checkpoints.
Should I stay or should I run? Pompeo under pressure over U.S. Senate seat
Republican pressure on Secretary of State Mike Pompeo to run for the U.S. Senate next year to help keep the party's majority intact is coming up against President Donald Trump's hope of keeping one of his most trusted aides in his administration.
Japan, U.S. negotiators fail to reach agreement on trade, to extend talks
Top negotiators for Japan and the United States on Thursday failed to reach an agreement on a two-way trade deal and decided to extend talks for another day in a last-ditch effort to bring tangibles to a weekend bilateral summit.
Facing farmer anger, Trump scrambles Cabinet to brainstorm on biofuel policy: sources
U.S. President Donald Trump, faced with mounting anger in the farm belt over policies that allow oil refineries to use less corn-based ethanol, summoned Cabinet members on Thursday to discuss ways to boost biofuel demand, four sources familiar with the matter said.
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