Finance

Asian shares were mostly lower Tuesday in quiet trading as investors awaited signs of what might be ahead for U.S. interest rates. Japan’s benchmark Nikkei 225 inched up 0.1% to finish at 21,565.15, while Australia’s S&P/ASX 200 dipped 0.1% to 6,665.70. South Korea’s Kospi lost 0.6% to 2,052.03. Hong Kong’s Hang Seng fell 0.7% to […]

Boeing’s campaign to restore the reputation of its best-selling plane after two deadly crashes suffered a blow with a Saudi airline canceling an order worth up to $5.9 billion in favor of a European rival of the U.S. manufacturer. Flyadeal, the budget airline arm of Saudi Arabian Airlines Corp., ordered 30 A320neo jets from Airbus

The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing lower for a second straight day as investors try to gauge the Federal Reserve’s next move on interest rates. A strong U.S. jobs report Friday dimmed investors’ expectations that the Fed would cut its benchmark interest rate by as much

U.S. consumers borrowed more on their credit cards in May and also took out more student and auto loans, a modest sign of economic health. The Federal Reserve said Monday that consumer borrowing increased 5% that month, just below April’s 5.2% rise. Total outstanding consumer debt, which excludes mortgages, stood at nearly $4.1 trillion in

There are two phenomena in business and life that are both enormous potential traps. The first is following the crowd — doing what everyone else is doing and counting likes and retweets. Then again, purposefully doing things wrong because it just seems cool — because you want to break all the rules and be a

The radical and painful restructuring of Germany’s Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended. The bank plan unveiled Sunday aims to go “back to our roots” by refocusing on traditional strengths like serving corporate customers

Stocks fell on Wall Street in early trading Monday amid growing speculation among investors that unexpectedly strong U.S. employment data may keep the Federal Reserve from aggressively cutting interest rates. The market rallied through much of June after the central bank signaled that it’s prepared to lower its benchmark interest rate to offset slowing global

SAN FRANCISCO — In February, about a dozen employees at a small technology company called NPM embarked on an effort that is often frowned upon at start-ups: trying to unionize. For more than three months, the workers had battled the company’s new management over their hours, a changing workplace culture and diversity issues, said seven

Asian stocks tumbled Monday after unexpectedly strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in Shanghai, Tokyo, South Korea and Hong Kong all declined. Fed leaders have said they are ready to cut rates to support economic growth amid a tariff war with Beijing. But investors questioned whether the

Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all declined. Fed leaders have said they are ready to cut rates to support economic growth amid a tariff war with Beijing. But Friday’s stronger-than-expected data on June