With traders picking up stocks at somewhat reduced levels, significant strength was visible on Wall Street on Friday. The strong gains on the day partly offset the sell-off that was seen in the previous session.
More than 60,000 manufacturing jobs were brought to the U.S. last year by reshoring and foreign direct investment combined, according to a new report from The Reshoring Initiative.
This represents a 400% increase since 2003, when the country lost net about 140,000 manufacturing jobs per year to offshoring.
U.S. crude oil snapped a three-day gain to end lower on Friday, as the dollar trended higher and notwithstanding some upbeat global economic data. Crude oil was also impacted on reports that crude shipments from Iraq touched a record high, with the output from Organization of the Petroleum Countries...
Following news that six Baltimore police officers have been charged in the death of Freddie Gray, President Barack Obama called it "absolutely vital" that the truth comes out. Obama declined to comment specifically on the ongoing legal process but said, "Justice needs to be served."
Gold futures ended lower for a third straight session on Friday, on some mostly upbeat data from the U.S., even as investors continued to mull over the Federal Reserve's open-ended statement on interest rates leaving traders to speculate on when tightening will begin.
For the week, gold futures were...
Following a recent string of police-involved deaths, the Justice Department announced Friday it will provide $20 million in funding for a Body-Worn Camera Pilot Partnership Program.
Taco Bell has announced it will give away free biscuit tacos on May 5, Tuesday, as a part of its new ad campaign called "Breakfast Defector Day." The day also happens to fall on Mexican holiday Cinco de Mayo.
Taco Bell will be giving away free biscuit tacos between breakfast hours, 7 a.m. to 11 a.m.,...
Automakers on Friday reported higher U.S. vehicle sales for the month of April, helped by low gasoline prices as well as continuing strong demand for trucks and utility vehicles. General Motors Co. and FCA US, LLC each reported sales growth of about 6% for the month, while Ford Motor Co. and Toyota Motor Corp. reported 5.4% and 1.8% increases, respectively.
One in six species on Earth face extinction due largely to the climate change, unless humans take steps to curb pollutions, according to a new research.
A study conducted by ecologist Mark Urban, "suggest that extinction risks will accelerate with future global temperatures, threatening up to one...
After moving notably higher early in the session, stocks have continued to perform well throughout the trading day on Friday. The gains on the day have partly offset the sell-off that was seen in the previous session.
Investment manager U.S. Global Investors, Inc. (GROW) has launched 'JETS' airline industry exchange-traded fund or ETF (JETS) following huge recent profits for major U.S. fliers. The San Antonio, Texas-based investment adviser said JETS is the only thematic ETF that is focused on the airline industry.
Partly reflecting a sharp pullback in spending on residential construction, the Commerce Department released a report Friday morning showing an unexpected decrease in U.S. construction spending in the month of March.
Shares of Blueprint Medicines Corp. surged in its debut on the Nasdaq after the biotech company raised more cash than it expected in its initial public offering. The Cambridge, Massachusetts-based cancer drug developer sold 8.15 million shares of its common stock in an upsized offering at $18.00 per share, raising about $147 million.
Consumer sentiment in the U.S. saw a modest improvement in the month of April, according to a report released by the University of Michigan on Friday.
Economic activity in the U.S. manufacturing sector continued to expand in the month of April, according to a report released by the Institute for Supply Management on Friday, although the index of activity in the sector unexpectedly held steady.