Banks fined €1bn by EU for currency rigging
Five banks have been fined €1.07bn (£935m) by the European Commission after traders clubbed together to rig the foreign exchange market.
Five banks have been fined €1.07bn (£935m) by the European Commission after traders clubbed together to rig the foreign exchange market.
Deere cuts its expectations for the year as a trade war and heavy rains take their toll.
U.S. long-term mortgage rates fell slightly this week, marking a third straight week of declines as a continued inducement to purchasers in the spring homebuying season. The average rate on the 30-year, fixed-rate mortgage eased to 4.07% from 4.10%.
Walmart reports another quarter of strong sales but warns higher tariffs will mean higher prices.
Casino giant MGM Resorts is telling federal regulators it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern U.S. history.
US home construction rose in April, led by uptick in building of single-family homes.
US retail sales slipped 0.2% in April as spending dropped on cars, clothes and appliances.
Ford is adding 270,000 vehicles to a recall in North America to fix a gearshift problem that could cause them roll away unexpectedly.
Higher prices on shirts and household goods? Macy’s CEO says customers could start to feel the impact of the escalating trade wars with China.
US industrial production drops 0.5% in April amid big decline in auto output.