 | | | | Federal Reserve Chairman Jerome Powell has a new message for financial markets: watch the data on jobs, wages and inflation for signals on monetary policy - not the U.S. central bank's words or forecasts. | | | | | | The U.S. economy is not facing a large chance of a recession in the next two years, Federal Reserve Chairman Jerome Powell said on Thursday. | | | | | | Oil edged higher on Thursday, driven by the prospect of a shortfall in global supply once U.S. sanctions against major crude exporter Iran come into force in five weeks. | | | | | | Boeing Co was selected to build the U.S. Air Force's next training jet in a contract worth up to $9.2 billion over the life of the program, the Air Force said on Thursday. | | | | | | As the Trump administration negotiates new trade pacts with Canada, China and other countries, Ford Motor Co Executive Chairman Bill Ford said on Thursday the automaker wants deals that allow it to plan and invest with "certainty." | | | | | | Volkswagen AG , BMW AG and Daimler AG-owned Mercedes-Benz have halted sales of some of their plug-in hybrid cars in Europe in the wake of new emissions regulations, Automotive News reported on Thursday. | | | | | | Wall Street climbed on Thursday, helped by gains in Apple, Alphabet and Facebook, as well as the U.S. Federal Reserve's confidence in the strength of the economy after it raised rates for the third time this year. | | | | | | The Federal Reserve plans to continue raising its benchmark interest rate in a gradual manner in order to best maintain the U.S. economic expansion, Federal Reserve Chairman Jerome Powell said on Thursday. | | | | | | The U.S. Securities and Exchange Commission on Thursday sued Tesla Inc Chief Executive Elon Musk, accusing him of securities fraud for making a series of "false and misleading" tweets about potentially taking the electric car company private. | | | | | | British engine maker Rolls-Royce said on Thursday it was managing a number of durability issues within its Trent 1000 fleet and was replacing affected parts. | | | | | | Petróleo Brasileiro SA will pay an $853.2 million fine to settle charges that former executives and directors of the state-run Brazilian oil company broke U.S. anti-corruption laws by bribing politicians and then seeking to conceal the payments, the U.S. Justice Department (DOJ) said on Thursday. | | | | | |
