Business

Yes, stocks are expensive. Most everyone along Wall Street agrees on that following their amazing return to records despite the stillraging pandemic.

The Bank of England said Britain's economy had performed better than it had expected as recently as last month but its policymakers had been briefed on how the central bank could cut rates below zero if needed.

Japan's government contacted several foreign shareholders in Toshiba Corp ahead of the conglomerate's annual meeting, three people familiar with the matter said, in what at least one investor saw as an attempt to influence voting.

Oil prices fell on Thursday, after rising in the two previous sessions, as concerns about weak fuel demand reemerged after production platforms in the southeastern United States took steps to resume output following Hurricane Sally's passage.

Stocks fell and the dollar advanced on Thursday after the Federal Reserve pledged to keep interest rates low for a long time but stopped short of offering further on stimulus to shore up a battered U.S. economy.

Asian shares were set to drift lower on Thursday as concerns about the strength of the recovery from the COVID19 pandemic remained, even after the U.S. Federal Reserve pledged to hold interest rates near zero until at least 2023.

The Business Roundtable, a grouping of CEOs from some of the biggest U.S. companies, announced on Wednesday it supports marketbased carbon pricing to fight climate change, a shift from the past when the group was divided on the issue.

Companies seeking relief from President Donald Trumps taxes on imported steel and aluminum ran into long delays and cumbersome paperwork, a federal watchdog found.

The United Arab Emirates has emerged as a major laggard in delivering oil output cuts in August, figures used by OPEC+ showed on Wednesday, as the group meets this week amid signs of a faltering demand recovery.

Hurricane Sally crawled offshore along the U.S. Gulf Coast on Wednesday, moving away from oil fields while soaking the region with heavy rains that could damp fuel demand in the U.S. southeast.

Murray Pulman says he is as tough as they come, but battles with his insurer have left him close to tears after a coronavirus lockdown forced his familyrun cafe The Posh Partridge to close.

Executives at the top U.S. banks warned investors this week that 2020 revenue will be lower than expected due to weak loan demand and an uptick in repayments during the coronavirus pandemic.

The Trump administration said Tuesday that it is dropping taxes on Canadian aluminum, easing tensions with a close ally just hours before Canada was prepared to impose retaliatory sanctions.

U.S. factory production increased for a fourth straight month in August, but the recovery is showing signs of strain, suggesting business investment in equipment could remain depressed through the end of the year as the COVID19 pandemic drags on.

The agency said it expects this development to benefit domestic textile exporters. While there were speculations of a more broad-based ban on the products originating from the region, the restrictions have been limited to a few entities, for now, it said.

Nowadays, its not just celebrities who wear high-end clothing and accessories. The influencers filling your social media feed likely wear them, too.