Finance

The first two new Toys R Us stores — one in Texas, the other in New Jersey — will open in November as part of a small comeback of the defunct iconic toy chain in the U.S. Richard Barry, a former Toys R Us executive and now CEO of the new company called Tru Kids […]

NEW YORK, July 18 (Reuters) – A heat wave threatening temperatures as high as 110 degrees F (43 C) from Friday through the weekend moved toward the eastern and central United States, igniting safety warnings. “Friday is going to be bad. Saturday is going to be really, really bad,” New York Mayor Bill de Blasio

U.S. long-term mortgage rates rose this week after three weeks of holding steady, tipped higher by expectations that the Federal Reserve could reduce interest rates soon. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year mortgage increased to 3.81% from 3.75% last week. Those are historically low levels for the key

U.S. stocks moved lower in midday trading on Wall Street Thursday after Netflix reported a slump in new subscribers and dragged down communications companies. The streaming video service plunged after subscriber additions fell far below Wall Street forecasts during the April-June period. The communications sector, which also includes Disney and Facebook, had the most severe

HANOI, Vietnam — The battle for technological dominance between the United States and China is splitting the world in two, though not always along the lines you might expect. American allies such as Britain and Germany have signaled that they are unlikely to back Washington’s effort to stop countries from working with the Chinese technology

Union Pacific Corp. delivered 4% more profit in the second quarter even though it hauled less freight because it cut its expenses by 7%. The Omaha, Nebraska-based railroad said Thursday it earned $1.57 billion, or $2.22 per share, in the quarter. That’s up from $1.51 billion, or $1.98 per share, a year ago. The results,

Two of the hottest trends in investing are working in tandem to steer billions of dollars toward companies seen as the best corporate citizens. The first trend, sustainable investing, is nothing new. Funds focused on companies seen as doing well on environmental, social and governance issues have been attracting ever increasing dollars for years. Their

Japan’s exports declined in June as shipments of goods were hit by trade disputes between China and the U.S., the Finance Ministry reported Thursday. The data released by the Finance Ministry on Thursday show exports fell 6.8% in June from a year earlier, the seventh straight month of decline, while imports fell 5.2%. The trade

How did you go from that to finance? Finance was right for me because I was desperate to understand money. Money was, in my life, a debilitating topic. It was a source of great worry and anxiety. I thought, “Could I be in a position to help ease people’s burden when they think about money

Asian stock markets followed Wall Street lower Thursday after President Donald Trump reignited trade fears by saying he could impose more tariffs on Chinese imports. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all declined. Trump alarmed investors by saying he had $325 billion of Chinese imports available for additional tariffs “if we want.” That