The industrial giant’s aerospace and energy businesses will begin trading on the New York Stock Exchange as separate entities.
Read More GE completes three-way split, breaking off from its storied past
Category: Business
US monthly inflation slows; consumer spending surges
U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.
Read More US monthly inflation slows; consumer spending surges
US fourth-quarter growth revised higher; labor market still strong
The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.
Read More US fourth-quarter growth revised higher; labor market still strong
Dow leads Wall St higher in lean trading week
Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.
Read More Dow leads Wall St higher in lean trading week
US durable goods orders rebound; business spending outlook improves
Orders for long-lasting U.S. manufactured goods increased more than expected in February.
Read More US durable goods orders rebound; business spending outlook improves
Fed’s Goolsbee says he sees three rate cuts this year
Chicago Federal Reserve Bank President Austan Goolsbee said that he penciled in three rate cuts for this year.
Read More Fed’s Goolsbee says he sees three rate cuts this year