Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
Target CEO Brian Cornell says he's encouraged by Trump's decision to postpone some consumer-oriented tariffs that were supposed to start Sept. 1.Retailread more
President Trump insists the economy is healthy and says the only thing holding U.S. growth back is the Federal Reserve.Marketsread more
Bank of America CEO Brian Moynihan is not worried about an economic slowdown, saying the U.S. consumer is still in a strong place.Banksread more
In a second-round of tweets aimed at the U.S. central bank, the president asked, "WHERE IS THE FEDERAL RESERVE?"Marketsread more
J.P. Morgan Chase customers will no longer be able to pay with their phones in stores beginning next year.Marketsread more
Gluskin Sheff's David Rosenberg predicts one of the strongest parts of the U.S. economy will disappoint Wall Street and lead to a market meltdown.Futures Nowread more
Target opens at a record high and breaches $100 a share.Retailread more
Sanders' sweeping proposal would make it easier for workers to join unions and end the so-called right-to-work laws recently favored by the GOP.2020 Electionsread more
Germany has sold a 30-year bond with a 0% interest rate for the first time on Wednesday.Marketsread more
NEW YORK, May 10 (Reuters) - Uber Technologies Inc's stock on Friday opened down 6.7 percent in its first trade on the New York Stock Exchange, in the most high-profile U.S. market debut since Facebook Inc seven years ago.
It was a landmark moment for the decade-old company, which was started after its founders struggled to find a cab on a snowy night and has grown into the world's largest ride-hailing company.
Uber shares debuted at $42. Its initial public offering on Thursday was priced at $45, at the lower end of its $44 to $50 per share target range. (Reporting by Joshua Franklin in New York Editing by Matthew Lewis and Bill Rigby)