FedEx to not charge extra for most peak-season home deliveries
FedEx Corp said on Friday it would not charge customers extra fees for most packages delivered to homes during the peak holiday shopping season, except packages that are oversized, unauthorized or require additional handling.
Wall Street flat as tepid jobs data, trade fears weigh
U.S. stocks were flat on Friday, after gains in the consumer staples sector, boosted by Kraft Heinz’s strong earnings, were offset by data which showed job growth slowed in July and as China proposed new tariffs on $60 billion worth of U.S. goods.
Dish results beat estimates, shares rise
U.S. satellite TV provider Dish Network Corp reported better-than-expected quarterly profit and revenue on Friday, as the company lost fewer subscribers than expected.
China unveils retaliatory tariffs on $60 billion of U.S. goods in latest salvo
China on Friday announced retaliatory tariffs on $60 billion worth of U.S. goods ranging from liquefied natural gas (LNG) to some aircraft and warned of further measures, signaling that it won’t back down in a protracted trade war with Washington.
Trump adviser Kudlow warns China after new tariffs announced
White House economic adviser Larry Kudlow warned China after it announced retaliatory tariffs on $60 billion worth of U.S. goods on Friday, saying Beijing should not underestimate U.S. President Donald Trump’s determination to act on trade.
China’s Unipec suspends U.S. oil imports as trade spat intensifies
China’s Unipec, the trading arm of state oil major Sinopec, has suspended crude oil imports from the United States due to a growing trade spat between Washington and Beijing, three sources familiar with the situation said on Friday.
U.S. job growth slows in July, unemployment rate dips
U.S. job growth slowed more than expected in July as employment in the transportation and utilities sectors fell, but a drop in the unemployment rate suggested that the labor market was tightening.
U.S. July payrolls rise less than expected
U.S. job growth slowed more than expected in July, likely due to companies’ struggles to find qualified workers, and the unemployment rate declined, pointing to tightening labor market conditions.
U.S. June trade deficit posts biggest rise in 1-1/2 years
The U.S. trade deficit recorded its biggest increase in more than 1-1/2 years in June as the boost to exports from soybean shipments faded and higher oil prices lifted the import bill.
Futures flat after July jobs data
U.S. stock index futures gave up early gains to trade flat on Friday after data showed U.S. job growth slowed more than expected in July.
