After seeing early strength, stocks remain mostly positive in mid-day trading on Friday ahead of a key vote in Washington. Buying interest has remained relatively subdued, however, limiting the upside for the major averages.
Popular gummy bear candies by Haribo Group of Germany will be manufactured from a Wisconsin facility from 2020. Haribo is a market leader in the fruit gum and liquorice segment.
President Donald Trump's efforts to repeal and replace Obamacare have faced significant headwinds in Congress, but Treasury Secretary Steven Mnuchin has argued enacting tax reform will be much simpler.
Mnuchin said at an Axios event in Washington on Friday that the administration's goal remains to...
Alteryx, Inc., a provider of self-service data analytics software, is the latest tech company to go public in March. Alteryx said it has priced its IPO of 9 million shares of its Class A common stock at $14 per share, at the top end of its range of $12 to $14 per share.
Stocks have moved mostly higher in morning trading on Friday after ending the previous session roughly flat. The major averages have all moved to the upside, with the tech-heavy Nasdaq outperforming its counterparts.
Dunkin' Donuts is bidding adieu to one of its frozen coffee beverages this summer. However, loyal fans of the decades-old menu staple have not taken kindly to the news. The coffee chain said it will discontinue its popular Coffee Coolatta beverage this summer and instead, introduce the new Frozen Dunkin' Coffee, made with coffee extract, sugar and milk.
While the move has raised questions from lawmakers on both sides of the aisle, House Intelligence Committee Chairman Devin Nunes, R-Calif., said Thursday he felt obligated to brief President Donald Trump on reports indicating incidental surveillance of his transition team.
Populist narrative that things were better before the euro is a deception and the single currency and EU are made scapegoats, European Central Bank Executive Board member Peter Praet said.
With the House set to vote on a Republican plan to repeal and replace Obamacare on Friday, President Donald Trump took aim at members of the House Freedom Caucus that remain opposed to the legislation. Trump has been working hard to win over members of the conservative group of lawmakers but has thus far had limited success.
Canadian pipeline operator Enbridge Inc. said it will cut about 1,000 jobs, or six percent of its workforce, following the completion of its acquisition of Houston-based Spectra Energy Corp. The job cuts will take place across the merged company.
Reflecting a continued increase in demand for commercial aircraft and parts, the Commerce Department released a report on Friday showing that new orders for U.S. manufactured durable goods shot up by more than anticipated in the month of February. The report said durable goods orders jumped by 1.7 percent.
While the major index futures are pointing to a higher open on Wall Street, traders may be reluctant to make significant moves ahead of a key vote in Washington. The Dow futures are currently up by 49 points.
Eurozone private sector activity expanded at the fastest pace in almost six years in March, amid robust new orders and employment growth in both manufacturing and service sectors. The composite output index rose unexpectedly to 56.7 from 56.0 in February, flash data from the purchasing managers' survey by IHS Markit showed Friday. The score was forecast to fall slightly to 55.8.
Twin brothers, Donte and Dominic Morris, have created Hoop Maps, an app to help people find a pickup basketball game in any area. The Sacramento State graduates, who grew up playing pick-up basketball, invented the app after finding difficulty to find the game in their location.
The latest developments on Capitol Hill might influence trading today. While industrial production report, with a consensus of 1.5 percent gain and a slew of Fed speeches are also keenly watched. Asian shares closed broadly in the green, while European shares were trading lower. Early trading trends on U.S. Future Index suggest that Wall Street may open in green.