China reserves cut extends risk rally, U.S. jobs data falls flat
Stimulus from China capped a strong week for global share markets on Friday, as mixed U.S. jobs data kept bond buyers and dollar dealers on the back foot after the first significant selloffs in those assets in months.
Wall St. opens higher after China stimulus plan, jobs data
U.S. stocks opened higher on Friday as China rolled out a stimulus plan to shore up its flagging economy and weak jobs data cemented expectations of an interest rate cut by the Federal Reserve later this month.
U.S. job growth slows further; wages, hours pick up
U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and keep the economy expanding moderately amid rising threats from trade tensions.
U.S. August payrolls rose less than expected
U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and keep the economy expanding moderately amid rising threats from trade tensions.
Novo Nordisk to cut insulin prices in the U.S.
Novo Nordisk will offer cheaper insulin to U.S. diabetics, the Danish drugmaker said on Friday, in response to criticism over the high price of the medication and after similar moves by rivals Sanofi and Eli Lilly.
Stock futures pare gains after August jobs data
U.S. stock index futures pared gains on Friday after data showed domestic job growth slowed more than expected in August, but strong wage gains should keep the economy expanding moderately amid rising threats from trade tensions.
Facebook faces antitrust probe from state attorneys general
A bipartisan coalition led by New York state attorney general (AG) is launching an antitrust investigation into Facebook Inc to probe whether it has stifled competition and put users at risk, New York AG Letitia James said on Friday.
U.S. job growth slows more than expected; wages, hours pick up
U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and keep the economy expanding moderately amid rising threats from trade tensions.
Novo Nordisk to cut insulin prices for some U.S. diabetics
Novo Nordisk said on Friday it would offer cheaper insulin to some U.S. diabetics in response to intense criticism over the high price of the medication and following similar moves by rivals Sanofi and Eli Lilly.
Qualcomm to expand 5G chips into mid-priced phones next year
Qualcomm Inc said on Friday it will put fifth-generation, or 5G, technology into chips powering mid-priced mobile phones starting next year, expanding use of chips now found almost exclusively in pricey phones such as Samsung’s $1,299 Galaxy S10 5G mo…