Finance

Saudi Arabia took journalists on Friday to the site of a missile-and-drone strike on the kingdom’s oil industry that shook global energy markets over the weekend, while Kuwait raised the security levels at its ports following the attack that the U.S. alleges Iran carried out. The journalists arrived at Saudi Arabia’s Abqaiq oil processing facility, […]

The latest on developments in financial markets (all times local): 4 p.m. Stocks are finishing lower Friday on concerns about the progress of trade talks between the U.S. and China. The market turned lower in the afternoon after reports said a Chinese trade delegation had cut short a trip to the U.S. The Dow Jones

The Federal Reserve will keep pumping cash into a vital but obscure corner of U.S. financial markets in coming weeks. The New York Federal Reserve Bank, which handles the central bank’s interactions with financial markets, said Friday that it will offer daily repurchase, or “repo,” operations of at least $75 billion through Oct. 10. The

The strike that has shut down General Motors plants in the United States since Monday is starting to ripple through the automaker’s supply chain, causing layoffs and production stoppages by parts makers and components manufacturers across the Midwest. “My whole plant is shut off,” said Robert Jacobson, chairman of United Auto Workers Local 652 in

Stocks veered lower on Wall Street in afternoon trading Friday after reports that a Chinese delegation has cut short a visit to the U.S. fueled speculation that upcoming talks aimed at resolving the costly trade war between Washington and Beijing are in trouble. The selling, which erased modest early gains for the market, came as

WASHINGTON, Sept 20 (Reuters) – U.S. President Donald Trump said his administration was “making a lot of progress” with China on Friday, as deputy-level trade talks continued for a second day and Washington lifted tariffs on over 400 Chinese products. Trump, speaking to reporters at a White House meeting with Australian Prime Minister Scott Morrison, said the United States

Some schools offer free “fly in” visits for underrepresented students, including those who are from low-income families or are the first in their families to attend college. “You could get a visit paid for,” said Belinda J. Wilkerson, an education consultant in Fayetteville, N.C. Oberlin College, for instance, has a multicultural visit program that covers

Two Federal Reserve officials who dissented from this week’s quarter-point rate cut on Friday highlighted the current deep divisions at the central bank. Eric Rosengren, head of the Fed’s Boston regional bank and one of two officials who opposed the rate cut, said Friday that the additional stimulus was not needed. He said it ran

The Internal Revenue Service has offered a small group of taxpayers a deal it hopes they won’t refuse: Pay all their back taxes, plus interest, and their case will be closed without penalties. The offer, which was announced on Monday, pertains to taxpayers who have captive insurance, a vehicle meant to allow companies to insure

It’s not clear how the N.L.R.B.’s proposed rule will affect universities where bargaining is underway. Mr. Swain said Harvard was reviewing the proposed rule to assess its implications. But the regulation could give universities the upper hand in negotiations. “This could be an additional reason that they could articulate or rely upon to discontinue bargaining,