(Bloomberg) -- American consumers stepped on the gas in the fourth quarter, just as companies hit the brakes. The result was that while the world's largest economy grew at a 2.6 percent annualized rate, the gain fell short of the median forecast of economists ...
(Bloomberg) -- Chevron Corp. slashed its drilling budget by the most in 12 years, suspended share buybacks and laid off workers as energy producers around the world curtail ambitions to cope with free-falling oil prices.
JP Morgan told investors in a research report on Friday that it had raised the price target on Northrop Grumman Corporation (NYSE:NOC) stock from $122 to $135.
US stocks fell Friday and closed out January with a loss as data showed US economic growth slowed in the fourth quarter. The Dow Jones Industrial Average dropped 187 points, or 1.1 per cent, to close at 17229.
San Francisco Federal Reserve Bank President John Williams speaks during an interview with Reuters reporters in the Washington bureau, October 14, 2014.