Traders refrained from making strong bets on U.S. stocks, bonds and the dollar before a speech by Federal Reserve Chair Janet Yellen that may provide clues on the path for interest rates in the world's largest economy.
The hedge fund manager will provide additional debt financing of $300 million to the beleaguered retail company he now heads and created in 2005 by combining Sears department stores and Kmart.
WASHINGTON—Demand for long-lasting factory goods rebounded in July, a sign the manufacturing sector could continue to stabilize in the second half of the year.
The number of Americans filing applications for unemployment benefits fell to the lowest level in five weeks, another sign of endurance in the labor market.
FILE - This Thursday, Oct. 2, 2014, file photo shows the facade of the New York Stock Exchange. Global stocks fell Thursday, Aug. 25, 2016, in lackluster trading as investors awaited a speech by Federal Reserve Chair Janet Yellen on Friday for hints on ...