Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."CNBC Disruptor 50read more
Apple said in a letter released Thursday that tariffs could hurt its ability to compete globally.Technologyread more
Mortgage rates have been falling steadily since the last week of April, and that may be reigniting home price appreciation. The lower the rate, the more purchasing power...Real Estateread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
On Thursday, an Iranian surface-to-air missile shot down a U.S. military surveillance drone over the Strait of Hormuz in an "unprovoked attack," U.S. officials said.Politicsread more
Crude oil prices jump on news of the attack, which Iran says happened over its territory.World Politicsread more
Apple is considering moving some production from China as it is expected release of its new iPhone line this fall, The Wall Street Journal reported.Technologyread more
Workplace messaging firm Slack is about to go public in a red-hot IPO market, but it's approach to going public--using a "direct listing"--is slightly different than an IPO.Trader Talk with Bob Pisaniread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
MOSCOW, May 30 (Reuters) - Russia's Transneft has reached agreement on possible compensation plans for Russian oil companies whose crude shipped via the Druzhba pipeline was contaminated while in transit, the vice president of the pipeline firm told Kommersant daily.
Sergei Andronov told the newspaper that almost all Russian oil suppliers whose exports to Europe via Druzhba and the Baltic port of Ust-Luga were affected by contamination had agreed with the proposal made by Transneft and the Russian energy ministry.
(Reporting by Vladimir Soldatkin and Katya Golubkova Editing by Edmund Blair)