Stocks Edge Up to Start Holiday-Shortened Week
Global stocks had a muted start to the week as investors began to check out for the holiday break.
China to Cut Tariffs on Range of Goods Amid Push for Trade Deal
China said it will cut import tariffs for frozen pork, pharmaceuticals and some high-tech components starting from Jan. 1, a move that comes as Beijing and Washington are trying to complete a phase-one trade deal.
Suspicious Market Moves Wane After U.K. Bans Early Peeks at Data
Sharp movements in the British pound shortly before the release of U.K. economic data have dissipated since the government curtailed officials' access to nonpublic information, according to a new study.
Russian Markets Rally as Investors Look Past U.S. Sanctions
Investors are getting back into Russian assets, drawn by the rich dividends paid by state-run companies and the high yields generated by government bonds.
Saudis, Kuwait Near End to Spat Over Shared Oil Fields
Saudi Arabia and Kuwait are this week set to end a five-year dispute over oil fields in a territory shared between the two countries,paving the way for the return of half a million barrels a day of output.
Surprise Exception to the Global Manufacturing Slowdown: Greece
Just a few years ago, Greece stood out from the rest of the developed world for its devastated economy. Now Greece has the world's strongest manufacturing sector, based on indexes of manufacturing activity.
Do Negative Rates Work? Yes, but Not by Much
Federal Reserve policy makers opposed to taking interest rates negative in the next recession might take comfort from the end of Sweden's dalliance with below-zero rates. But investors shouldn't expect the eurozone to follow suit.
FedEx, Bed Bath & Beyond, Netflix: Stocks That Defined the Week
Here are seven individual stocks that moved on news during the week.
Consumer Spending Strengthens as Year Winds Down
Consumers boosted spending as they headed into the end of the year, buoyed by a rise in income and an optimistic outlook for the U.S. economy.
The Consumer Lives On, but Carefully
The only way to get people to spend more money these days is to pay them more.