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Stocks clawing back more lost ground with 4th str... Financial News
US stocks are clawing back more of the ground they lost last week and approaching record high levels Tuesday. Banks were rising in tandem with interest rates, which will allow them to charge higher rates on loans.
'Trump thump' is short-lived as stocks rebound Financial News
Comeygate? Impeach President Trump? So long tax reform? That's so last week's news. All of the controversy and chaos in Washington seems like a distant memory to Wall Street now.
Only on AP: CEOs got biggest raise since 2013 Financial News
The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm Equilar for The Associated Press. That's the biggest raise in three years.
European economic rebound showing surprising stre... Financial News
Europe's economic recovery is showing surprising strength, as key surveys of business activity and optimism hit their highest levels in years. The data released Tuesday hold out hope that the region is set to see a sustained and marked decline in its unemployment rate from the current 9.5 percent.
CEOs got biggest raise since 2013 Financial News
The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm Equilar for The Associated Press. That's the biggest raise in three years.
Asian shares drift as blast in Manchester rattles... Financial News
Asian shares meandered Tuesday after a strong overnight lead from Wall Street was vanquished by an explosion in Manchester, England, that killed at least 22 people. Police said they were treating it as a terror attack.
Emerging Markets-Oil jump lifts emerging equities... Financial News
May 22 Emerging equities extended gains on Monday, riding a rise in oil prices despite a firmer dollar and mounting political turmoil in Brazil. MSCI's emerging market benchmark rose 0.9 percent in its steepest daily gain in a month, with stocks in Hong Kong hitting 22-month highs and other Asian bourses , India and Turkey also firming.
Emerging Markets-Brazil stocks, currency resume d... Financial News
SAO PAULO, May 22 Brazil's stocks and currency resumed their recent slump on Monday on fears a growing political crisis could derail an ongoing reform agenda. The benchmark Bovespa stock index fell 2.4 percent, weighed down by a 20 percent slump in shares of JBS SA , the world's largest meatpacker.
Canadian banks set to reveal 1st earnings since C... Financial News
Ratings agency Moody's downgraded the credit ratings for Canada's big banks earlier this month, citing concerns that over-stretched borrowers and high house prices have left lenders vulnerable to potential losses. The Canadian banks are expected to benefit from rising U.S. interest rates and fewer bad loans in the oilpatch as they start reporting their latest quarterly results this week, but analysts say worries about the housing market and consumer debt remain key concerns.
Defense and aerospace companies lead US stocks hi... Financial News
U.S. stocks are broadly higher Monday morning as the market bounces back from a turbulent week. Defense contractors are making some of the largest gains and materials makers, technology and consumer-focused companies are all rising.
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