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Fed ready to raise interest rates if inflation continues to run high, minutes show

Federal Reserve officials at their meeting earlier this month expressed concern about inflation and said they would be willing to raise interest rates if prices keep rising.The committee that sets interest rates for the Fed on Wednesday released the minutes from the November...

Evergrande shares slip after striking a deal to raise $273 million

An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018.Bobby Yip | ReutersThe sale of HengTen is Evergrande's latest effort to raise capital. The deal is worth 2.13 billion Hong Kong dollars ($273.2 million), with 20% — or $54.6...