Realtime Business News, Economic News, Breaking News and Forex News

Top Stories

Amazon Partners National Football League For Player Health, Safety

Amazon is partnering with the National Football League to develop the technologies and solutions to improve player health and safety using the tech giant's cloud-computing services. Amazon Web Services and the NFL will use data and analytics to jointly...

FDA Launches App For Doctors To Share New Uses Of Existing Drugs

Uber's Safety Report Reveals Around 6K Cases Of Sexual Assault

U.S. Employment Soars Amid Return Of Striking GM Workers

Job growth in the U.S. showed a substantial acceleration in the month of November, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment surged up by 266,000 jobs in November after...

U.S. Consumer Sentiment Climbs To Seven-Month High In December

U.S. Wholesale Inventories Inch Up Less Than Expected In October

Ex State Secretary John Kerry Endorses Joe Biden For President

Former Secretary of State John Kerry on Thursday endorsed Democratic front-runner Joe Biden to be the Party's candidate for the 2020 presidential election. The veteran diplomat is the first prominent leader to endorse Biden, giving a major boost to...

Pelosi Moving Forward With Articles Of Impeachment Against Trump

US Sailor Kills Two, Commits Suicide In Hawaii Pearl Harbor Base Shooting

U.S. Stocks Rally On Much Better Than Expected Jobs Data

Stocks moved sharply higher over the course of the trading day on Friday, extending the rebound seen over the two previous sessions. With the advance, the major averages climbed back within striking distance of last week's record highs.

European Markets End Higher On Trade Deal Hopes, U.S. Jobs Data

Asian Shares Advance Ahead Of U.S. Jobs Data

First Ever Apple Music Award Goes To...

Apple Music announced its first ever Music Awards. Billie Eilish, who rose to world fame at a young age of 17 years, bagged the top honor as Global Artist of the Year. Her full-length debut album "When We Fall Asleep, Where Do We Go?" will be awarded...

At The ASH 2019 Annual Meeting: AXLA, CBMG, SRRA, EPZM, STOK...

What Awaits Obseva (OBSV) On Monday?

U.S. Stocks Rally On Much Better Than Expected Jobs Data

Airbnb Announces New Rules For Parties, Nuisances

First Generics Of Gilenya Gets Approval

U.S. Stocks See Further Upside After Early Rally

U.S. Wholesale Inventories Inch Up Less Than Expected In October

U.S. Consumer Sentiment Climbs To Seven-Month High In December

Stock Alert: RH Stock Sets New All-time High

Upbeat Jobs Data Contributes To Rally On Wall Street

China's Manufacturing Sector Logs Moderate Expansion

China's manufacturing activity expanded at a moderate pace in November, but this was the strongest growth since December 2016, survey data from the IHS Markit showed Monday. The Caixin manufacturing Purchasing Managers' Index rose slightly to 51.8 from 51.7 in October. The reading signaled an improvement for the fourth consecutive month and the strongest since December 2016.

Asian Markets Mostly Higher On Upbeat China Data

Asian stock markets are mostly higher on Monday as official data released over the weekend showed that China's factory activity returned to growth in November for the first time in seven months. A private survey of Chinese factory activity in November, released on Monday, also came in stronger than expected. The data helped offset worries about the uncertainty related to a U.S.-China trade deal.

European Economics Preview: Eurozone Final Factory PMI Data Due

Factory Purchasing Managers' survey data from euro area and the UK are due on Monday, headlining a light day for the European economic news. At 2.00 am ET, GDP data from Turkey is due. The economy is forecast to expand 1.1 percent on year in the third quarter, following a 1.5 percent fall in the second quarter.

European Shares Seen Up After China Data

European stocks are likely to open higher on Monday as investors put trade issues on the back burner and cheered official data showing that China's factory activity returned to growth in November for the first time in seven months. A private survey...

White House

White House Not To Cooperate With Impeachment Hearing

The White House informed the House Judiciary Committee that President Donald Trump and his lawyers will not co-operate with the panel's first impeachment inquiry hearing scheduled for Wednesday, citing a lack of "fundamental fairness." On November 26, House Judiciary Chairman Jerrold Nadler (D-NY) sent a notice to the White House asking Trump to come to the floor of the House and testify at the p

Congress

Pelosi Moving Forward With Articles Of Impeachment Against Trump

House Speaker Nancy Pelosi, D-Calif., revealed Thursday the Democrat-controlled House of Representatives will move forward with drafting articles of impeachment against President Donald Trump. Pelosi accused Trump of abusing the power of the presidency for his own benefit.

Sen. Grassley Questions World Bank Loan Used To Fund Chinese Uighur Repression

Economy

U.S. Employment Soars Amid Return Of Striking GM Workers

Germany Industrial Production Declines Most In 6 Months

U.S. Factory Orders Rise In Line With Estimates In October

U.S. Trade Deficit Narrows To Smallest In Sixteen Months In October

U.S. Jobless Claims Unexpectedly Drop To Seven-Month Low

Germany Factory Orders Fall On Domestic Demand

India Keeps Policy Rates Unchanged Despite Slower Growth

European Economics Preview: Germany Factory Orders Data Due

Markets

TSX Ends On Buoyant Note; Energy Stocks Sparkle

The Canadian stock market opened on a firm note on Friday and stayed positive right through the session to eventually close with strong gains, as optimism about a U.S.-China trade deal and upbeat U.S. jobs data lifted sentiment.

Business

Amazon Partners National Football League For Player Health, Safety

Cryptocurrency NEW

Bitcoin Struggling To Climb Above $7400

Bitcoin experienced mostly a downward trend during the week, falling from $7800 last Saturday to $7370 this Friday. In the last 7 days, the most popular cryptocurrency lost its value by around 6 percent or over $400. It has been a volatile week for Bitcon, and the prices swung by big margins on December 4. It leaped from $7,100 to $7,500 on crypto exchange Coindesk within two hours, only to see Read More

FDA Monitor

Date	Indicator	Period	Country
12/08/19	Trade Balance	NOV	China
12/08/19	Imports	NOV	China
12/08/19	Exports	NOV	China
12/06/19 15:0	Consumer Credit	OCT	United States
12/06/19 13:0	Baker Hughes - Rig Count	DEC 6	United States
12/06/19 10:30	CB Leading Index	OCT	South Korea

View All

FDA Calendar

Event Date	Symbol	Drug Name	Event Name
02/27/20	BGNE	Zanubrutinib (NDA)	FDA decision on Zanubrutinib for the treatment of patients with mantle cell lymphoma
02/26/20	ESPR	Bempedoic Acid / Ezetimibe Combination Tablet (NDA)	FDA decision on bempedoic acid / ezetimibe combination tablet for the treatment of patients with elevated low-density lipoprotein cholesterol (LDL-C)
02/26/20	GBT	Voxelotor (NDA)	FDA decision on Voxelotor for the treatment of sickle cell disease
02/21/20	ALDR	Eptinezumab (BLA)	FDA decision on Eptinezumab for migraine prevention
02/21/20	ESPR	Bempedoic Acid (NDA)	FDA decision on Bempedoic Acid for the treatment of patients with elevated low-density lipoprotein cholesterol (LDL-C)

View All

Bond Markets Treasuries Move Notably Lower On Better Than Expected Jobs Data Treasuries Climb Off Worst Levels But Close Modestly Lower Treasury Announces Details Of Long-Term Securities Auctions Treasuries Give Back Ground Amid Renewed Optimism About Trade Deal Read More	Commodities Oil Futures Rise To Near 3-month High As OPEC Deepens Output Cuts Gold Settles Lower As Riskier Assets Rise On Trade Hopes, Jobs Data Gold Subdued Ahead Of US Jobs Data Oil Hovers Near Two-month High Read More	Currencies Surge In U.S. Non-farm Payrolls Lifts Dollar U.S. Dollar Turning In Lackluster Performance U.S. Dollar Seeing Modest Weakness After Trump Comments On Trade Deal Australian Dollar Spikes Up As RBA Keeps Cash Rate On Hold Read More
Earnings Sonoco Reaffirms FY19 Outlook Genesco Raises Full Year Outlook; Records 37% Increase In Q3 Adj. EPS Xinyuan Real Estate Co. Ltd. Earnings Fall In Q3 Big Lots Inc. Q3 adjusted earnings Beat Estimates Read More	Stock Alerts Read More	IPOs Read More
Entertainment First Ever Apple Music Award Goes To... Read More	Mergers & Acquisitions CMA: Ei Group's Proposed Acquisition By Stonegate Pub Does Not Raise Concerns Phoenix Group Announces Proposed Acquisition Of ReAssure Group - Quick Facts Illinois, New Jersey Grant Approval For Centene-WellCare Merger - Quick Facts Stars Group To Acquire Remaining 20% Of BetEasy - Quick Facts Read More	Industries At The ASH 2019 Annual Meeting: AXLA, CBMG, SRRA, EPZM, STOK... What Awaits Obseva (OBSV) On Monday? First Generics Of Gilenya Gets Approval Stock Alert: RH Stock Sets New All-time High Read More