WASHINGTON U.S. private job growth slowed sharply in July, pointing to a loss of momentum in the economy heading into the third quarter that could temper expectations of a September interest rate hike.
MILAN— UniCredit UNCFF -0.15 % SpA said on Wednesday that second-quarter net profit increased 30%, helped by higher trading income and lower provisions for bad loans.
Wall Street was set to open higher on Wednesday after data showed private sector hiring in July rose the least since April, reducing expectations of a strong reading in the government's payrolls report due Friday.
At least 24 people died and hundreds were rescued after two passenger trains derailed nearly side by side as they crossed a bridge in central India late Tuesday night.
ATHENS, Greece - Greece's prime minister said his country was in the "final stage" of talks for a new bailout, as his left-wing government on Wednesday rejected the idea of extending the negotiations beyond this month.