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Friday, October 19, 2018
(Reuters) - With Wells Fargo & Co’s (WFC.N) revenue slumping and no clear end in sight for sales scandal-related costs, analysts have pushed back predictions for when the bank’s closely watched efficiency ratio will return to pre-scandal levels. FILE PHOTO: People walk by a Wells Fargo banking...
The number of Americans filing for unemployment benefits rose less than expected last week, pointing to sustained strength in the labor market. Initial claims for state unemployment benefits increased 1,000 to a seasonally adjusted 218,000 for the week ended July 28, the Labor Department said...
The online retail giant is looking to take over playtime from Toys R Us, with plans to release its own holiday toy catalog. Amazon will reportedly send it in the mail and hand it out at Whole Foods stores. Yahoo Finance's Seana Smith discusses with Dion Rabouin and...
The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell 2,750 to 220,500 last week. The claims data covered the survey week for the nonfarm payrolls component of July's employment report. The four-week...
© Provided by AFP EU finance chief Pierre Moscovici hits out at Trump over the US president's protectionist policies EU finance chief Pierre Moscovici fired a barb at US President Donald Trump on Sunday as he called on both sides of an ongoing global trade dispute...
President Donald Trump on Friday advocated for a possible end to the long-held quarterly earnings reports for publicly traded companies, saying it would boost business and in turn help create jobs. In a morning tweet, the president said he had spoken to "business leaders" for their ideas on growth...
Jefferies is less optimistic over the prospects of Walgreens Boots Alliance due to Amazon's move into the pharmacy business. Shares of drugstore companies plunged Thursday after Amazon announced it signed an agreement to acquire online pharmacy PillPack before the market open. The firm lowered its rating...
Wall Street extended its record march on Friday, buoyed by strong investor inflows and ahead of a major shake-up of key S&P 500 sectors and the expiry of option contracts.In mid-morning trade in New York, the S&P 500 was up 0.3 per cent at 2,938, after touching a...

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