Finance

Volkswagen is recalling about 679,000 cars in the U. S. to fix a problem that could let the cars roll away unexpectedly. The recall covers certain 2011 through 2018 Jettas; 2015 through 2019 GTIs; 2015, 2016, 2018 and 2019 Golfs; 2012 through 2019 Beetles and Beetle Convertibles; and 2017 through 2019 Golf SportWagens. All have […]

Asian stock markets were mostly higher Friday after Wall Street declined ahead of a closely watched speech by the U.S. Federal Reserve chairman. Market benchmarks in Shanghai, Tokyo and Hong Kong rose while Australian and South Korean indexes were little-changed. Investors are looking to Jerome Powell’s speech Friday for signs of direction on interest rates

Asian stock markets were mixed on Friday after Wall Street declined ahead of a closely watched speech by the U.S. Federal Reserve chairman. Market benchmarks in Shanghai, Tokyo and Australia rose while Hong Kong declined. Investors are looking to Jerome Powell’s speech Friday for signs of direction on interest rates after two regional Fed presidents

Federal safety officials are recruiting pilots from airlines around the world to test changes that Boeing is making to the flight-control software on the grounded 737 Max jet, according to two people briefed on the situation. Interested in Boeing? Add Boeing as an interest to stay up to date on the latest Boeing news, video,

Gap Inc.’s fiscal second quarter profits fell 43%, dragged down by costs related to store closings and the restructuring of its business. The beleaguered San Francisco-based chain also reported comparable sales declines at its three top brands, including at Old Navy, once a bright spot. The downbeat performance announced Thursday comes six months after the

Mr. Trump has also begun mulling more tax cuts to lift the United States economy, though on Wednesday he insisted that it did not need one right now. And the Fed has room to cut rates, should a recession hit. The challenge is primarily one of intense policy uncertainty. Europe, by contrast, has negative interest

U.S. long-term mortgage rates are near historically low levels this week with the average on the benchmark 30-year loan falling to its lowest level since November 2016. The low borrowing rates have been a boon for homebuyers, even as global financial markets are roiled by concerns over the global economy. Mortgage buyer Freddie Mac said

Stocks moved broadly higher on Wall Street in early trading Thursday, extending the market’s gains from the day before. Technology companies and banks accounted for a big share of the gains as investors welcomed another batch of encouraging corporate earnings reports. Retailers Nordstrom, BJ’s Wholesale Club and Dicks’ Sporting Goods rose after reporting results that

Bidding wars in real estate markets across the nation are becoming increasingly rare, according to a new study by the real estate brokerage Redfin. The company reported that only 11 percent of the properties for which its agents submitted offers in July saw multiple bids, down from 46 percent a year earlier. That’s the lowest

Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers and invested heavily in new private label brands. Comparable store sales, which include online sales, rose 3.4 % as customer traffic jumped 2.4%. The measure includes sales at stores open at least a year and