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MONEY (MSM)
With China quiet, U.S. market must prove it can heal itself
A few of the areas were sending warning signals for months that stocks ignored until quite recently.
B&G Foods to buy General Mills' Green Giant business for $765 million
B&G, which will enter the frozen food business with the deal, expects the acquisition to immediately add to earnings, it said in a statement on Thursday. Green Giant, whose mascot is the Jolly Green Giant, makes more than 160 products. General Mills said in July that it recorded a $260 million charge in the fourth quarter to write down the value of Green Giant after an assessment showed the business’s
U.S. trade deficit smallest in five months
The U.S. trade deficit fell in July to its lowest level in five months as exports rose, signaling underlying strength in the economy amid concerns about a global growth slowdown. The Commerce Department said on Thursday the trade gap narrowed 7.4 percent to $41.9 billion, the smallest since February. June’s trade deficit was revised to $45.2 billion from the previously reported $43.8 billion.
It's amateur hour in China
Its esteemed ministers don’t seem to understand the most basic rules of economics.
It's amateur hour in China
Its esteemed ministers don’t seem to understand the most basic rules of economics.
Dow, Nasdaq up 1%; S&P tries to stay out of correction
U.S. stocks advanced, trying to recover from the worst start to a September in 13 years, as investors eyed calmer global markets and domestic data.
Dow, Nasdaq up 1%; S&P tries to stay out of correction
U.S. stocks advanced, trying to recover from the worst start to a September in 13 years, as investors eyed calmer global markets and domestic data.
US bank earnings rose 7.3 percent in 1st quarter
U.S. banks’ earnings jumped 7.3 percent in the April-June period from a year earlier as revenues increased and the volume of soured loans banks had to write off fell to the lowest level since before the …
US bank earnings rose 7.3 percent in 1st quarter
U.S. banks’ earnings jumped 7.3 percent in the April-June period from a year earlier as revenues increased and the volume of soured loans banks had to write off fell to the lowest level since before the …