Britain’s Heathrow said on Friday it was unclear when Europe’s busiest airport would be able to re-open after a fire knocked out its power.
Read More Unclear when Heathrow will re-open as closure causes global turmoil
Category: Business
US labor market remains stable, but job opportunities limited
The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor market remained stable in March.
Read More US labor market remains stable, but job opportunities limited
Wall Street gains with all eyes on Fed rate decision
Wall Street’s main indexes rose on Wednesday ahead of the Federal Reserve’s widely anticipated monetary policy decision.
Read More Wall Street gains with all eyes on Fed rate decision
Nasdaq to open Texas headquarters as companies relocate to state
Nasdaq said it would open a regional headquarters in Texas, deepening its presence in a state that is fast emerging as a major financial hub rivaling New York.
Read More Nasdaq to open Texas headquarters as companies relocate to state
US retail sales rebound moderately; underlying trend remains firm
Retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy.
Read More US retail sales rebound moderately; underlying trend remains firm
Investors, advisors flock to ‘buffer’ ETFs as markets sell off
Investors are increasingly taking refuge from the tumultuous U.S. stock market by pouring into a type of ETF that offers a tradeoff, a cap on potential gains in return for a cushion against possible losses.
Read More Investors, advisors flock to ‘buffer’ ETFs as markets sell off