A strong rebound in oil prices and a government report indicating that retail sales improved last month helped lift U.S. stocks sharply higher in midday trading Friday.
WASHINGTON -- U.S. retail sales rose in January for a third monthly increase as labor-market gains and sliding gasoline costs helped in loosening purse strings following a slowdown in the last quarter of 2015.
Dr. Greg Werner displays his Square credit card reader at his New York office in 2015. Visa has a major stake in Square, the mobile-payments services company headed by Jack Dorsey.
NEW YORK While recently tighter U.S. financial conditions will factor into the Federal Reserve's upcoming policy decisions, it is "extraordinarily premature" to even talk about using negative interest rates to stimulate the economy, a top Fed official ...
NEW YORK-- In an effort to quiet doubts about its financial health, German lender Deutsche Bank said it would buy back $5.4 billion in debt - sending the battered stock soaring.