The truce between the U.S. and China is positive for financial markets but unlikely to have any impact on the U.S. economy, analysts said. Ryan Sweet, director of real-time economics at Moody's Analytics, and Yung-Yu Ma, Chief Investment Strategist at BMO ...

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On Friday, a U.S. bankruptcy court judge allowed Sears Holdings to hand out the bonuses after the company successfully argued that it would lose its top people. Breaking News Emails SUBSCRIBE By Corky Siemaszko While the executives who presided over the ...

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(Reuters) - U.S. package delivery company FedEx Corp (FDX.N) reported a 9.2 percent rise in quarterly revenue on Tuesday, driven by higher shipment volumes. The Memphis-based company’s net profit rose to $935 million, or $3.51 per share, for the second ...

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"The Fed should not raise rates because GDP is growing too fast or because too many people are working," says former Bush economic advisor Larry Lindsey. What they need to look at is inflation, which is declining, he says. If the Fed hikes on Wednesday, it ...

US stocks overcome late-session swoon to close higher
U.S. stocks overcame a late-session retreat that wiped out the day's gains to close higher as investors waited to see if the Federal Reserve would raise interest rates. Continue Reading Below All major equity indexes were up from the session opening, but ...   Fox Business Network  
Conagra Brands Enters Into Definitive Agreement With Richardson International To Divest The Wesson® Oil Brand
CHICAGO, Dec. 18, 2018 /PRNewswire/ -- Today Conagra Brands, Inc. (CAG) announced that it has entered into a definitive agreement with Richardson International to divest the Wesson oil brand.   Yahoo Finance  
UBS says Asia's wealthy trade less, cut debt as politics shift
ZURICH (Reuters) - Wealthy Asian investors are trading less, worried that trade tensions are tilting the global balance of power, Martin Blessing, co-head of wealth management at UBS (UBSG.S), said. “I think they would share the conclusion that it is not ...   Reuters  
CBS' Moonves won't receive $120M severance
Dec. 17 (UPI) --CBS's board of directors announced Monday that former chief Les Moonves will not receive a $120 million severance payment after determining they had cause to terminate him for sexual misconduct allegations. Moonves stepped down as the CEO ...   Upi.com  
Former Sarasota CEO fined $17 million for export law violations
The former CEO of a Sarasota-based package consolidation and shipping service has pleaded guilty to violating federal exporting laws and agreed to pay $17 million in fines. The fine levied against Eric Baird, the former owner of MyUS.com, is the largest ...   The Business Journals  
Goldman Sachs’ legal troubles in Malaysia have made it the worst-performing US bank stock this year
Goldman Sachs is leading the drop in US bank stocks, thanks to its deepening legal troubles in Malaysia. In the latest development, Malaysia filed criminal charges (pdf) today against subsidiaries ...   Yahoo Finance  
Real Time Economics: The Fed Is Trying to Tell Us Something
This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. The Federal Reserve starts its two-day policy meeting today—it's the final and most ...   The Wall Street Journal  
Hemp industry expected to blossom under new Farm Bill
The U.S. hemp industry is expecting business to expand and investors to beckon after Congress on Wednesday passed farm legislation that included a provision to legalize and regulate the plant under the Department of Agriculture. "This is a monumental bill ...   NBC News  
Malaysia files criminal charges against Goldman, ex-bankers in 1MDB probe
KUALA LUMPUR (Reuters) - Malaysia on Monday filed criminal charges against Goldman Sachs and two of the U.S. bank’s former employees in connection with an investigation into suspected corruption and money laundering at state fund 1MDB. Malaysia will seek ...   Reuters  
Fed To Turn Dovish On Rate Hikes In 2019: IBT Poll
The U.S. Federal Reserve is expected reduce the number of rate increases next year, and raise the current federal funds rate by 25 basis points to a range of 2.25-2.5 percent at its upcoming meeting Wednesday. Twenty-five of the 26 analysts polled by ...   International Business Times