Interest rate futures traders believe the U.S. Federal Reserve will bow to President Donald Trump's persistent tweets pressuring the central bank to lower interest rates, and this poses a "significant" risk to Fed independence, according to research released on Monday.
Trump's tweets threaten Fed's independence, push rate expectations lower: study
Stocks sink on dismal euro zone data, dollar gains
The dollar edged higher while global shares slid on Monday as euro zone equities clocked their worst day in a month after dismal business activity readings in Europe deepened fears of a looming recession there.
Lockheed wins NASA contract worth up to $4.6 billion
Lockheed Martin Corp has been awarded a NASA contract worth up to $4.6 billion to build Orion astronaut capsules, NASA said on Monday.
Oil rises about 1% on concerns about return of Saudi output
Oil ended about 1% higher on Monday after a volatile trading session as traders focused on when Saudi Arabia would be able to restore full output following the Sept. 14 attack on its facilities.
Wall Street near flat as mixed economic data signal caution
U.S. stocks barely budged on Monday, with gains in shares of Apple Inc offset by mixed economic data that added to caution over the prolonged U.S.-China trade war.
Thomas Cook's Nordic unit to carry on after parent company's collapse
Thomas Cook's Nordic business, the Ving group, will continue operations as normal from Tuesday despite the collapse of the parent company on Monday, it said.
GM-UAW contract talks focus on temp workers
The use of temporary workers is a key bargaining issue in negotiations between General Motors Co and the striking United Auto Workers union over a new four-year contract.
Vivendi steps up legal fight after keeping Mediaset stake
Vivendi is taking legal action against Mediaset's plans to reshape its future after deciding to hold on to its stake in the Italian broadcaster after a deadline to sell expired.
Honda to cease diesel vehicle sales in Europe by 2021
Honda Motor Co Ltd said on Monday it would phase out all diesel cars by 2021 in favor of models with electric propulsion systems, as the Japanese automaker moves to electrify all of its European cars by 2025.
Fed's Bullard says prefers standing repo facility to ensure smooth markets in the future
St. Louis Federal Reserve bank president James Bullard said on Monday he would support the creation of a standing repo facility at the Fed in the "medium term" to avoid the sort of problems that developed last week in important short-term funding markets.