Fed's Williams Acknowledges Markets' Rate-Cut View but Won't Endorse It

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Fed's Williams Acknowledges Markets' Rate-Cut View but Won't Endorse It

NEW YORK—Federal Reserve Bank of New York President John Williams acknowledged financial markets’ pessimistic economic outlook and investors’ expectations that rate cuts would be necessary, but he declined to say whether he supported following …
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Zoom shares jump after the company tops estimates in first earnings report since IPO

Zoom rose as much as 12% on Thursday after the videoconferencing company reported better-than-expected financials and provided an optimistic forecast in its first earnings announcement since going public in April. Here are the key numbers for Zoom’s …
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New Jersey's Health-Care Debt Jumped So Much It Rivals Pension Obligations

While it dropped to $90.5 billion in 2018, that's still more than any other state, according to data compiled by Bloomberg, and amounts to about
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Protester confronts Jeff Bezos on stage

An animal rights activist came within a few feet of Jeff Bezos, the world’s richest man, on a stage in Las Vegas. Priya Sawhney evaded event security, as well as some of Mr Bezos’ personal detail, which costs a reported $1.6m (£1.25m) per year. “Jeff, you are …
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US stocks climb on hope of US-Mexico trade deal

U.S. stocks finished higher Thursday as optimism that the U.S. and Mexico can work out a deal before costly tariffs kick in next week helped power the market to its third straight gain. A modest rally gained strength in the final hour of trading after Bloomberg …
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