SINGAPORE/ reuters The U.S. economy remains on track for a gradual path of interest rate hikes and fears over the impact of a slowing global economy and bouts of financial volatility are overdone, San Francisco Federal Reserve President John Williams said on Tuesday. “Others’ economic fates do not spell our own,” Williams said in a speech at the National University ...

Bloomberg Cemex SAB is staging its biggest rally in four years as the largest cement maker in the Americas gets a boost from cost cuts, U.S. sales gains and a rebound in the Mexican peso. Lower interest rates and taxes also will help the company boost free cash flow by $350 million this year, more than the previously targeted increase ...

Bloomberg Newspapers have settled on a strategy to stop withering away: feast on each other for survival. For the owners of big-city dailies like the Chicago Tribune and Denver Post, buying smaller publications and slashing costs has become a way to buy time while figuring out how to make more money online. That was the logic behind the recent failed ...