‘Goldilocks’ jobs data propels Wall St to best day in a month
Wall Street jumped on Friday as moderate jobs growth in September offered relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the world’s largest economy may be sliding into a recession.
Trump sees ‘very good chance’ of China trade deal, says no link to Biden probe request
U.S. President Donald Trump said on Friday that his administration has a “very good chance” of making a trade deal with China, and insisted there were no links between China talks and his desire for Beijing to investigate Democratic presidential candid…
Oil edges higher on fall in U.S. unemployment rate
Oil prices edged higher on Friday as an increase in U.S. jobs eased some financial market concerns that a slowing global economy could dent oil demand, but crude remained down more than 6% on the week and set for a second consecutive weekly decline.
S&P 500, Dow headed for best day in a month after ‘Goldilocks’ jobs data
U.S. stocks climbed on Friday as moderate jobs growth in September offered some relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the world’s largest economy was sliding into a recession.
EU antitrust regulators to probe Boeing, Embraer deal
EU antitrust regulators opened on Friday a full-scale investigation into Boeing’s bid for a controlling stake in Embraer’s commercial aircraft arm, saying the deal may reduce competition and push up prices.
U.S. NHTSA reviewing claims 2,000 Tesla vehicles should have been recalled
The U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday it is reviewing a defect petition that claims Tesla Inc failed to issue a recall when it issued a software upgrade in 2,000 Model S and Model X vehicles in May.
Safilo renews key Gucci supply accord with Kering for three years
Italian eyewear maker Safilo has renewed for three years an accord with French luxury giant Kering to manufacture and supply Gucci-branded products, the companies said on Friday.
U.S. airlines grapple with ‘unfair tax’ that adds to aircraft supply disruption
(This story corrects name of analyst in penultimate paragraph in October 4 story.)
U.S. Supreme Court takes up fight over $7.5 billion natural gas pipeline
The U.S. Supreme Court on Friday agreed to hear an appeal by Dominion Energy Inc and President Donald Trump’s administration of a lower court ruling that halted construction on a $7.5 billion natural gas pipeline due to run underneath a section of the …
‘Goldilocks’ jobs report, bets of Fed rate cut boost Wall Street
U.S. stocks rose on Friday as moderate jobs growth in September offered some relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the United States was sliding into a recession.
