Indexes fall off record highs, but set for weekly gains
Wall Street pulled back from record levels on Friday after a four-day rally as investors digested a report showing U.S. job growth accelerated last month...
Fed says risks to economy easing, but calls out coronavirus in report to Congress
A “moderately” expanding U.S. economy was slowed last year by a manufacturing slump and weak global growth, but key risks have receded and the likelihood...
Wall Street pulls back from record highs after four-day rally
Wall Street pulled back from record levels on Friday after a four-day rally, as investors digested a report that showed strength in U.S. labor market,...
Ford shakes up top management, promises faster turnaround
Ford Motor Co on Friday shook up its top management, naming strategy chief Jim Farley as chief operating officer and promising skeptical investors the company...
EU goes into meeting frenzy ahead of February 20 summit on next seven-year budget
European Union leaders and institutions went into a frenzy of meetings this week to start the toughest job the bloc faces this year: agreeing on...
Growth worries on coronavirus send stocks lower at end of best week since June
Global equity markets and government debt yields slumped on Friday as growing concerns about the impact of the coronavirus on global growth overshadowed a strong...
U.S. ‘Section 232’ auto decision on hold for possible U.S.-EU trade deal: Kudlow
White House economic adviser Larry Kudlow said on Friday a U.S. decision to impose “Section 232” national security tariffs on cars and auto parts imported...
New drugs contribute to AbbVie’s upbeat 2020 view; shares hit year-high
AbbVie Inc on Friday forecast full-year earnings well above Wall Street estimates, as the U.S. drugmaker looks to new treatments and its pending acquisition of...
Take Five: China’s virus paralysis
The coronavirus continues to claim lives, yet the impact on global demand and companies is just starting to be felt. Recent days have seen an...
Mild weather boosts U.S. job growth; unemployment rate rises
U.S. job growth accelerated in January, with unseasonably mild temperatures boosting hiring in weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite...