Market Pulse - Usa
Facebook's ad platform charged with racial discrimination
The US Department of Housing and Urban Development (HUD) announced on Wednesday it would charge Facebook with violating the Fair Housing Act after it encouraged, enabled, and caused housing discrimination through its advertising platform.
Fed can 'hardly ignore' global risks, Clarida says
Policymakers in the US can "hardly ignore" the impact that Brexit, a sharp slowdown in global growth prospects, or trade tensions might have on their economy as America, a top Federal Reserve official said.
China makes 'unprecedented' proposals, US may lift some tariffs
China has made "unprecedented" proposals to Washington on various issues, including the forced transfer of technology, Reuters reported, citing a US official, and Washington might be open to removing some of its tariffs on Chinese goods.
Oil prices fall as Trump calls on Opec to up production
Donald Trump has called on the Organization of Oil Exporting Countries to up its output, triggering a slide in oil futures.
Barclays says global recession risk 'limited', sees pick up in South America
The global economy is set to slow a tad in 2019, economists at Barclays said, but the risk of a slump into recession is limited.
US Q4 GDP reverts to trend as fiscal stimulus fades
America's economy grew a tad less quickly than expected at the end of 2018, revised data showed, as the kick from the Trump administration's tax cuts faded.
US close: Markets sustain losses as Treasury yields sink
Wall Street trading closed after sustained losses on Wednesday, amid a continuing rapid decline in US Treasury yields and 'market chatter' regarding possible interest rate cuts by the Federal Reserve.