The economy has shifted into high gear, with corporate profits surging, bankruptcies and foreclosures tumbling and the national unemployment rate easing to 3.8%, an 18-year low.
Americans have become more optimistic, but their personal finances don’t necessarily mirror the economy’sprogress. The latest assessment of household financial health by the Federal Reserve shows “many....More>>>
In turning to Goldman Sachs Group Inc. dealmaker David Schwimmer as chief, the London Stock Exchange Group Plc is signaling a path to a potentially transformative combination.
He is a 20-year veteran of Goldman Sachs and will succeed charismatic Frenchman and fellow financier Xavier Rolet. Rolet quit last November after a spat between the exchange’s board and activist investor The....More>>>
For years, interest rates and the Federal Reserve’s actions were a major focus in the financial sector. After the Fed’s March hike, its third one since the financial crisis, and recent comments from Fed governors hinting at two to three more increases this year, investors might have gained a little more clarity regarding the future of interest rates. With some of the uncertainty around....More>>>
In what would be a blow to American aerospace giant Boeing, Delta Air Lines is set to order around 100 jetliners from European rival Airbus, according to two people familiar with the deal.
Atlanta-based Delta will announce a deal later Wednesday for the Airbus A321neo, the sources said. The agreement with Airbus maker will be accompanied by a planned purchase of Pratt & Whitney engines,....More>>>
Moon Capital Management LLC raised its position in shares of Adient PLC (NYSE:ADNT) by 9.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,745 shares of the company’s stock after acquiring