More often than not, dividend stocks are the engine that powers most successful portfolios. While not always the most exciting or fastest-growing companies, businesses that pay dividends offer a host of advantages to investors. For one, dividend stocks tend to …
See Original Article

WASHINGTON — Jerome H. Powell, the Federal Reserve chair, will paint an optimistic picture of the United States economy in testimony before Congress on Wednesday, though he warns that threats to the outlook persist. “In particular, sluggish growth …
See Original Article

Abbott Laboratories chief executive Miles White is stepping down effective next year after 21 years at the helm of the diversified healthcare company. The 64-year-old White last year named long-time Abbott executive Robert B. Ford, who is 46 years old, as the …
See Original Article

PARIS — The world’s thirst for oil will continue to grow until the 2030s, with climate-damaging emissions climbing until at least 2040 — and consumers’ insatiable appetite for SUVs is a big reason why. Mounting demand for plastic is another factor.
See Original Article

Closing the day 62 paise lower at 72.08 per dollar on November 13, the Indian Rupee posted the biggest single-session fall since September 16 after India’s industrial output contracted by the most in almost seven years. The local currency has fallen 1 rupee …
See Original Article