After falling sharply at the open, stocks staged a remarkable turnaround over the course of the trading day on Friday. The major averages bounced well off their lows for the session and into positive territory, with the Dow showing a nearly 460-point swing on the day.
Responding to a flood of interest surrounding Kim Davis' meeting with Pope Francis, the Vatican released a statement Friday clarifying that the encounter should not be seen as an indication of support for the controversial county clerk's views.
As the U.S. Supreme Court prepares to begin its fall session next week, the results of a new Gallup poll show disapproval of the court's job performance at a record high. The poll found that 50 percent of Americans disapprove of the way the Supreme Court is handling its job.
Education Secretary Arne Duncan plans to step down from his post at the end of the year, numerous media outlets have confirmed. Duncan attributed his decision to the long commute between his home and family in Chicago and his job in Washington, D.C.
After falling sharply at the open, stocks have regained some ground over the course of the trading session on Friday. The markets have maintained a negative bias, however, with traders reacting to disappointing jobs data.
Chick-fil-A will open its first full-service restaurant in New York City on Saturday, as it seeks to aggressively expand across the nation. Privately-held Chick-fil-A, known for its fried chicken sandwiches, waffle fries and sweet tea, will open its largest ever restaurant near Herald Square in midtown Manhattan.
While President Barack Obama and others claim the mass shooting at a college in Oregon provides further evidence of the need for increased gun control, Republican presidential frontrunner Donald Trump has suggested that it is impossible to prevent all such acts of violence.
After ending the previous session roughly flat, stocks moved sharply lower at the start of trading on Friday. The major averages have not seen much further downside since then but remain firmly in negative territory.
Oscar Munoz, the new chief executive officer of United Continental Holdings Inc., has made a candid admission that the airline has not lived up to the expectations of its passengers or employees. The CEO said in an interview with the Chicago Tribune that he would focus on fixing the company's employee relations, poor on-time performance and improving customer service.
New orders for U.S. manufactured goods fell by more than expected in the month of August, the Commerce Department revealed in a report released on Friday.
Blaming higher egg prices and other rising costs, Dunkin's Donuts will close 100 stores, all of them Speedway gas station and convenience store locations.
Employment in the U.S. increased by much less than anticipated in the month of September, according to a report released by the Labor Department on Friday. The report said non-farm payroll employment rose by 142,000 jobs in September.
Stocks are likely to come under pressure in early trading on Friday following the release of disappointing jobs data. The major index futures are currently pointing to a notably lower open for the markets, with the Dow futures down by 176 points.
In a series of airstrikes, Russian planes hit several Islamic State (IS) targets in Syria. According to media reports, the strikes have killed around 30 people since Wednesday in Hama, Homs, and Idlib areas.
The medical world has been in search of the real reasons and remedies for chronic reactive airway disease Asthma. A recent study by the scientists of the British Columbia in Vancouver showed that children, who are exposed to four types of intestinal bacteria at the early days of their life, could have immunity against the disease.