Wall Street climbs on solid jobs data, trade hopes
Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite.
Wall St ends higher after jobs report, trade optimism
Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite.
Saudi delivers deeper cuts as OPEC+ oil producers back new pact
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin
Elon Musk should pay $190 million for defamatory ‘nuclear bomb,’ plaintiff’s lawyer says
Tesla founder Elon Musk should pay at least $190 million in damages for defaming a British cave explorer in tweets that suggested he was a pedophile and were like a “nuclear bomb,” the plaintiff’s lawyer said on Friday.
Global stocks rally, dollar gains on robust U.S. jobs data
The dollar rose and global equity markets jumped on Friday after data showed U.S. job growth increased by the most in 10 months in November, putting to rest recession fears and briefly taking the spotlight off contentious U.S.-China trade talks.
Wall Street jumps on strong jobs data, trade hopes
Wall Street advanced on Friday as a robust jobs report and a note of optimism regarding ongoing U.S.-China trade negotiations enticed buyers to the equities market.
Amazon websites could be added to USTR’s ‘Notorious Markets’ list: WSJ
The Trump administration is considering putting some of Amazon.com Inc’s overseas websites on a list of global marketplaces known for counterfeit goods, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Strong U.S. job growth showcases economy’s resilience
U.S. job growth increased by the most in 10 months in November as the healthcare industry boosted hiring and production workers at General Motors returned to work after a strike, the strongest sign yet the economy is in no danger of stalling.
3M exploring $1 billion sale of drug delivery systems unit: Bloomberg
Industrial conglomerate 3M Co is exploring a sale of its drug delivery systems unit, which could fetch around $1 billion, Bloomberg reported on Friday, citing people with knowledge of the matter.
Trump will make final call on China tariffs, likes direction of talks: Kudlow
Top White House economic adviser Larry Kudlow said on Friday that a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going.
