Wall Street hits new highs as Mnuchin says trade pact to be signed in January
Wall Street hit all-time highs again on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January, adding to optimism that was fueled by a breakthrough in trade talks last week.
Facebook EU user data transfer contracts are legal, but risks ahead: EU court adviser
Agreements that let Facebook and other firms send European citizens’ data to the United States and other countries are valid, a key EU court adviser said on Thursday, although he left room for such transfers to be blocked if European data protection st…
Boeing astronaut capsule faces key test on trip to space station
Boeing Co is set to launch its new astronaut capsule on Friday on its first unmanned journey to the International Space Station, a milestone test for the U.S. aerospace firm that is vying with SpaceX to revive NASA’s human spaceflight capabilities.
Amazon to deliver 3.5 billion packages through own network in 2019
Amazon.com Inc said on Thursday it was on track to deliver 3.5 billion customer packages globally this year through its in-house delivery network.
U.S. House set to approve new North American trade deal replacing NAFTA
The U.S. House of Representatives is set to approve a rewritten North American trade deal on Thursday that includes tougher new labor and automotive content rules than its predecessor but leaves $1.2 trillion in U.S.-Mexico-Canada trade flows largely u…
Wall Street hits fresh record as Mnuchin says trade pact to be signed in January
Wall Street hit fresh all-time highs on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January, adding to optimism that has been fueled by a breakthrough in talks last week.
Bond yields rise as Sweden ends negative rates, stocks gain
Global equity markets extended a rally on Thursday that has pushed U.S. and world stock benchmarks to record highs, while bond yields in Europe rose after Sweden stopped five years of negative interest rates, signaling the end of a sub-zero era.
U.S. labor market on solid ground; mid-Atlantic factories sputter
The number of Americans filing applications for unemployment benefits dropped from a more than two-year high last week, pointing to sustained labor market strength that should continue to underpin consumer spending and the economy.
Oil hovers near three-month highs, supported by low U.S. inventories, trade progress
Oil prices hovered near the highest in three months in thin pre-Christmas trading on Thursday, buoyed by the previous day’s news that U.S. crude inventories declined and as U.S.-China trade tensions continued to ease.
U.S.-China to sign ‘Phase one’ trade pact in early January: Mnuchin
U.S. Treasury Secretary Steven Mnuchin said on Thursday the United States and China would sign their so-called Phase one trade pact at the beginning of January, adding that it was completely finished and just undergoing a technical “scrub.”
