wallstreet aug30 15jan21 After moving sharply lower early in the session, stocks have regained some ground over the course of the trading day on Friday. The major averages have climbed well off their worst levels of the day but remain firmly in negative territory.

business inventories4 011521 Business inventories in the U.S. increased in line with economist estimates in the month of November, according to a report released by the Commerce Department on Friday. The report said business inventories rose by 0.5 percent in November after climbing by an upwardly revised 0.8 percent in October.

wallstreet aug29 15jan21 Stocks have moved sharply lower over the course of morning trading on Friday, extending the pullback seen late in the previous session. With the drop, the Dow and the Nasdaq are pulling back further off the record intraday highs set in early trading on Thursday.

consumer shopping2 080219 15jan21 Preliminary data released by the University of Michigan on Friday showed a modest deterioration in U.S. consumer sentiment in the month of January. The report said the consumer sentiment index dipped to 79.2 in January after jumping to 80.7 in December. Economists had expected the index to edge down to 80.0.

industrial production3 011521 The Federal Reserve released a report on Friday showing U.S. industrial production jumped by much more than expected in the month of December. The Fed said industrial production surged up by 1.6 percent in December after climbing by an upwardly revised 0.5 percent in November.

biden jan15 President-elect Joe Biden unveiled a $1.9 trillion economic stimulus package proposal to lift the U.S. economy as well as its people, badly hit by the coronavirus pandemic. The relief proposal includes $1 trillion in direct relief to households, $415 billion to fight the pandemic and $440bn for small businesses and worst-affected communities. In addition to the $600 in direct payments previously

empire state index 011521 Activity in the New York manufacturing sector unexpectedly grew at a slower pace in the month of January, the Federal Reserve Bank of New York revealed in a report released on Friday.

producer price index2 011521 A report released by the Labor Department on Friday showed U.S. producer prices increased by slightly less than expected in the month of December. The Labor Department said its producer price index for final demand rose by 0.3 percent in December after inching up by 0.1 percent in November.

retailsales 011521 Retail sales in the U.S. continued to decline in the month of December, according to a report released by the Commerce Department on Friday. The Commerce Department said retail sales fell by 0.7 percent in December after tumbling by a revised 1.4 percent in November.

galaxydigital 011521 Billionaire Michael Novogratz's crypto financial services firm Galaxy Digital is set to foray into Bitcoin (BTC) mining after launching a new business unit named Galaxy Digital Mining later in 2021. The new unit will comprise of two activities - a one-stop financial services platform for miners and own proprietary bitcoin mining operation.

wallstreet july25 15jan21 After turning lower over the course of the previous session, stocks may see further downside in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 160 points.

ge jan15 General Electric Co. filed a lawsuit against Siemens Energy AG, accusing the German power distribution company of stealing trade secrets for gas turbines. Siemens Energy allegedly used the information to get at least nine contracts to supply gas turbines to public utilities, and also covered up improper business gains.

wallstreet jan15 U.S. economic data reports on Retail Sales, Industrial Production and Consumer Sentiment reports might get special attention on Friday. The U.S.-China tensions are raising concern, at the same time investors are optimistic over U.S. President-elect Joe Biden's $1.9 trillion stimulus package. As...

cigarettehealthwarnings jan15 Following a court ruling, the U.S. Food and Drug Administration postponed the effective date for tobacco manufacturing companies to display new health warnings on cigarette packets and in advertisements, by additional 90 days. The warnings with color images is to promote greater public understanding of the negative health consequences of smoking.

jpmorganchase jan15 JPMorgan Chase & Co (JPM) reported strong results in the fourth quarter of 2020, with net profit up 42% largely driven by credit reserve releases of $2.9 billion. The Group said it ended the year with a CET1 ratio of 13.1% and capital above $200 billion, providing with meaningful capacity to further...

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