Bulls keep squeezing gains out of the U.S. equity market, sending the S&P 500 Index to its longest streak of monthly gains since 2014 just two weeks after reaching a record.
The U.S. economy expanded less than forecast in the second quarter after a weaker start to the year than previously estimated as companies slimmed down inventories and remained wary of investing amid shaky global demand.
LONDON/BRUSSELS The board of brewer SABMiller (SAB.L) will recommend its shareholders approve a sweetened takeover offer by Anheuser-Busch InBev (ABI.
Two interesting stories today about the intricacies of the international corporate taxation system. One concerns Facebook FB -0.83% and the manner in which the IRS is questioning the basis upon which they did a transaction.
LONDON Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy.