|
 Boston Fed President Eric Rosengren said Friday the current economic environment doesn't justify an interest-rate cut.
|
RELATED ARTICLES | | | | |
|
 A gauge of global stocks declined after early gains dissipated on Friday as expectations for a strongly dovish U.S. Federal Reserve at its next meeting were dialed back, pushing the dollar higher.
|
RELATED ARTICLES | | | | |
|
Four Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Defense Department.
|
RELATED ARTICLES | | | | |
|
Brent rises 2.1 per cent to $63.23 a barrel amid fears over security of Gulf shipments
|
RELATED ARTICLES | | |
|
BEDU earnings call for the period ending May 31, 2019.
|
RELATED ARTICLES | | | | |
|
The game maker is working on several ways to expand digital sales and improve margins.
|
RELATED ARTICLES | | |
|
 A U.S. dollar recovery put most Latin
American currencies under pressure on Friday while Brazil's
Bovespa stock index led losses in the region's equity markets.
The MSCI index of Latin American currencies
edged lower as the dollar swung to gains after the New York
Federal Reserve walked back dovish comments from its president,
which had bolstered expectations of an aggressive interest rate
cut this
|
|
A gauge of global stocks climbed on Friday as investors looked for a strongly dovish U.S. Federal Reserve at its next meeting and as early returns on earnings season have come in better than anticipated.
|
RELATED ARTICLES | | | | |
|
Some responses to the Federal Trade Commission's request for comment as to whether the agency should revise Franchise Rule again. A large franchisor law firm says no, as does a hotel and lodging association. One franchisee coalition says yes, there needs to be more protection for store owners.
|
|
Cost of 12-month euro-to-dollar currency hedges drop 75 basis points since recent peak
|
|
The Boston Fed president tells CNBC that the central bank can afford to be patient as long as the economy holds up.
|
RELATED ARTICLES | | |
|
 Stocks opened higher Friday, lifted as investors appeared cheered by the latest round of earnings reports and continued to look ahead to an expected rate cut by the Federal Reserve at the end of the month. The S&P 500 rose 9.27 points, or 0.3%, to trade at 3,004.38, while the Dow Jones Industrial Average advanced 94.1 points, or 0.4%, to 27,317.07. The Nasdaq Composite rose 33.69 points, or 0.4%, to 8,240.93. Shares of Microsoft Corp. were up more than 2% at $139.24, after trading at an all-time high at $140.67, following a stronger-than-expected earnings report.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
2019-07-19 0001127602-19-024935 4 KB
|
RELATED ARTICLES | | | | |
|
U.S. stocks finished firmly lower Friday, capping the worst week for equities since the end of May, as doubts about the magnitude of an expected rate cut by the Federal Reserve softened the buying mood on Wall Street. The Dow Jones Industrial Average closed down 0.3% at 27,154, off 69 points, the S&P 500 index retreated 0.6% at 2,977, while the Nasdaq Composite Index pulled back 0.7% to end at 8,146. For the week, the Dow booked a 0.7% decline, the S&P 500 finished with a weekly slide of 1.2%, while the Nasdaq logged a 1.2% drop over the five-session period. For all three stock gauges it was the steepest weekly decline since the period ended May 31, according to FactSet data. Reports of Iran seizing oil tankers in the Strait of Hormuz added to uncertainty on the day and Federal Reserve officials attempted moderate comments made by NY Fed boss John Williams, whose comments investors appeared to interpret as implying a 50-basis-point rate cut at the end of this month.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
* Indexes down: Dow 0.02%, S&P 500 0.40%, Nasdaq 0.53%
(Updates to late afternoon, changes byline, adds NEW YORK to
dateline)
|
|
Names on the move ahead of the open.
|
|
Low state tax rates appear to be driving faster job growth since President Trump signed the Tax Cuts and Jobs Act of 2017... ...private sector job growth from December 2017 to June 2019 (in the 27 low-tax states) was 3.5%, 98% greater growth than the 1.7% in the 23 high-tax states.
|
|
National Ice Cream Day brings free ice cream, deals and contests Sunday USA TODAYNational Pizza Day 2019 Deals from Dippin' Dots, Carvel and More PEOPLE.comPetSmart Is Celebrating National Ice Cream Day By Giving Your Dog A Free Pet-Friendly Scoop Delish.comThings to Do: Miami Food and Drink Events July 19 Through July 21, 2019 Miami New TimesWhy wait for Sunday to celebrate National Ice Cream Day? See ranking of 37 flavors at Ben & Jerry's cleveland.comView full coverage on Google News
|
|
The five largest United States banks reported tax rates of 22 percent or less for the second quarter this year. Lower taxes helped smooth over some rough spots.
|
|
European markets climbed on Friday as renewed optimism of a Federal Reserve rate cut outshone trade war tensions.
|
RELATED ARTICLES | | |
|
Eleven months after taking the job, Leslie Stretch took Medallia public and the market ate it up. But to some, its 76% first-day pop was the latest in a trend of tech IPOs leaving millions on the table.
|
|
2019-07-19 0001364954-19-000181 10 KB
|
RELATED ARTICLES | | | | |
|
The U.S. Department of Transportation (DOT) on Friday granted American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016.
|
|
 U.S. stocks end lower as expectations for half-point rate cut wane
|
|
The U.S. Department of
Transportation (DOT) on Friday granted American Airlines Group
Inc and Qantas Airways Ltd final approval to
operate a joint venture after a prior effort was rejected in
2016.
|
|
Short-term Treasury yields climb Friday, trimming a week long decline, after senior Federal Reserve officials dampened expectations for a 50 basis point rate cut this month.
|
|
Nowhere was the public's failure to understand digital privacy on more prominent display this week than Democratic Senator Chuck Schumer's letter to the FBI requesting a formal investigation of FaceApp over its privacy practices.
|
|
Cummings asks prosecutors about decision not to charge Trump in hush money probe | TheHill The HillTrump campaign and RNC spend more than $600,000 on law firm representing Hope Hicks CNNDems ask whether DOJ memo prevented prosecuting Trump for hush payments POLITICOWhat the latest Stormy Daniels revelations tell us about future Trump scandals The Washington PostProsecutors Are Asked Why Trump Wasn't Indicted for Campaign Violations The Wall Street JournalView full coverage on Google News
|
|
As the parent company of Google nears its fiscal second quarter results on July 25, the chorus of disapproval over its evasive reporting policy has risen on Wall Street.
|
|
Shares of Chesapeake Energy Corp. surged 3.4% in afternoon trading Friday, to bounce off a 20-year closing low, as a a rebound in oil prices helped provide a boost. The oil and gas company's stock had tumbled 7.1% on Thursday, and sank 18% amid a four-session losing streak, to the lowest close ($1.58) since April 1999. On Friday, crude oil futures rose 0.7% to snap a four-session losing streak, helped by reports that Iran seized a U.K.-flagged ship in the Gulf of Oman. The correlation coefficient between Chesapeake's stock and crude oil futures, over the past two decades, has been 0.78, in which 1.00 would mean they move perfectly in sync. In comparison, Chesapeake's correlation with the S&P 500 is negative 0.28.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
Iran is now counting on Rand Paul and his allies to salvage Obama's disastrous nuclear deal Washington ExaminerAs Conflict With U.S. Grows, Some Iran Hard-liners Suggest Talking to Trump The New York TimesWhat a failed Iran deal would mean for oil prices and military tensions CNBC'Engagement Is Losing Credibility': Iranian Foreign Minister NPRIran's Eye-for-an-Eye Strategy in the Gulf The New YorkerView full coverage on Google News
|
|
Fed Officials Signal Quarter-Point Rate Cut Likely at July Meeting The Wall Street JournalNY Fed clarifies Williams speech that market took as signal of a rate cut CNBCStocks struggle as rate cut expectations, Iran tensions rise Fox BusinessWhy the Fed Should Not Deliver a Big Rate Cut BloombergTrump wades into debate over controversial Fed speech Thursday, calls for end to tight policy CNBCView full coverage on Google News
|
|
The U.S. Department of Transportation (DOT) is set on Friday to grant American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016, two people briefed on the matter told Reuters.
|
|
 Amazon owns online pharmacy PillPack, but ReMy Health s working behind the scenes to prevent the company from accessing important patient data.
|
|
* Indexes up: Dow 0.30%, S&P 0.11%, Nasdaq 0.18%
(Updates to early afternoon)
|
|
‘How do I explain to someone that I care about the money that I've sweated so hard over for almost two decades?'
|
|
American Express Co warned of higher operating costs this year as the credit card issuer spends heavily on rewards programs to attract customers in an increasingly crowded market, sending its shares down 2.5% on Friday.
|
|
Wall St. edges higher on Microsoft's beat, rate cut optimism Investing.comWall St. edges higher on Microsoft's beat, rate cut optimism ReutersWall Street edges higher on Microsoft's beat, rate cut optimism Yahoo FinanceWall St. slightly higher on Microsoft results, rate cut hopes ReutersWall St. rises on Microsoft's beat, rate cut euphoria Yahoo FinanceView full coverage on Google News
|
|
 Red Robin shares soar after activist-investor offer
|
|
This tech leader has become so much more than "just" internet search.
|
|
Amazon's PillPack was informed this week that it will soon be cut off from patient medication data, according to people familiar with the matter.
|
|
It seems this week's privacy backlash against viral app FaceApp has much less to do with privacy than it does with FaceApp's Russian provenance.
|
|
What is going on right now is a matter of right and wrong, far transcending policy. But the irony is that Trump's supporters are chanting against their own economic interests.
|
|
Hollywood's top three marketers — Walt Disney Studios, Warner Bros. and Universal Pictures — say marathon marketing campaigns no longer make sense for most movies.
|
|
S&P 500, Nasdaq have worst week since May
|
|
With earnings season under way, these are the companies in the S&P 500 that have so far cited trade worries as negative factor in their outlook or performance, so far.
|
|
 FaceApp, which edits a person's photo to imagine how they might look at an older age, quickly went viral this week before becoming the subject of yet another data privacy concern. Founded by the Russian-based company Wireless Lab in January 2017, the app rocketed to popularity when it released a feature that allowed users to...
|
|
Earthquake in Athens: Greece capital rocked by strong quake today; one building collapsed, others seriously damaged - live updates CBS NewsStrong Earthquake Near Athens Sends People Fleeing in Greek Capital Bloomberg TicTocPanic as strong quake shakes Athens Yahoo NewsAthens Earthquake: What Seismologists Say About the Tremor Greek ReporterStrong quake felt in Athens, two people lightly injured ReutersView full coverage on Google News
|
|
Tom Cruise's 'Top Gun: Maverick' movie trailer drops: 4 things to know about the sequel Fox NewsIf Val Kilmer is in 'Top Gun: Maverick,' what's the deal with the trailer? CNNHere Are All the Screw Ups in the Top Gun: Maverick Trailer Already JalopnikTop Gun sequel is here to remind us some things can remain exactly the same The Irish TimesTop Gun Remake Edits Out Taiwanese, Japanese Flags In Apparent Concession To China The Daily CallerView full coverage on Google News
|
|
 Editor's note: Industry consultant Shelly Palmer is taking his popular newsletter and turning it into an Adweek article once per week in an ongoing column titled "Think About This." Technology, we know, moves fast. One of the ideas caught in the wake of the speed of tech is how to understand the difference between education...
|
|
Earnings helped give stocks a lift Friday morning.
|
|
BlackRock CEO: We Don't Need Libra, We Need Technology CointelegraphBlackRock's Fink: CEOs tell me they're pulling their supply chains out of China CNBCBlackRock profit misses estimates, hit by lower fees for lending stocks Yahoo FinanceBlackRock's Larry Fink Sees Markets Rising on U.S. Fiscal Moves Bloomberg'People are underinvested in equities' — BlackRock CEO Larry Fink says playing it too safe is a mistake CNBCView full coverage on Google News
|
|
Shares of Boeing Co. surged 3.9% in morning trading Friday, enough to keep the Dow Jones Industrial Average in positive territory, in the wake of the aerospace giant's announcement of a 737 Max-related charge of $5.6 billion. The stock's price gain of $13.99 was adding about 95 points to the Dow's price, which was up 89 points. J.P. Morgan analyst Seth Seifman said despite the larger-than-expected charge, he believes Boeing's decision to keep 737 Max production at 42 per month and its plan to boost production to 57 per month in 2020 "is likely a relief" for investors.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
RELATED ARTICLES | | |
|
After an initial comment that machines running Win10 version 1803 (the "Windows 10 April 2018 Update") were about to be pushed to Win10 version 1903 (the "Windows 10 May 2019 Update") in May, then in June, it now appears that the push is on in earnest.
To read this article in full, please click here
|
|
U.S. and Chinese officials spoke by telephone on Thursday as the world's two largest economies seek to end a year-long trade war, with U.S. Treasury Secretary Steven Mnuchin suggesting in-person talks could follow.
|
RELATED ARTICLES | | |
|
 President Trump's new trade deal with Canada and Mexico, the USMCA, follows a fundamental principle: If something is bad for America, don't do it.
|
|
Shares down as much as 10% after Europe's largest software maker falls short of expectations
|
|
More than a year after filing for bankruptcy, the chain is relaunching in Texas and New Jersey. Its new stores will feature spaces for toy demonstrations and events.
|
|
Private Label