S&P 500 hits record high as Trump says close to 'big deal' with China
The benchmark S&P 500 hit a record high on Thursday after President Donald Trump said in a tweet that the United States was getting very close to a "big deal" with China.
The benchmark S&P 500 hit a record high on Thursday after President Donald Trump said in a tweet that the United States was getting very close to a "big deal" with China.
U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted inflation despite a recent uptick in consumer prices.
Want to see a five-figure balance in your bank or investment account? Two things to know. Starting is the hardest part. Next hardest: getting to that first $10,000. Then it gets easier.
While the biggest lure for moving assets to a Roth IRA is often the tax-free income to be delivered down the road, there are some less obvious reasons the move could make sense.
The best team size is three when managing money, said Michael Mauboussin, director of research at BlueMountain Capital.
When Axon Enterprise hired its new chief software executive from Amazon Alexa and sent him out to accompany police officers on midnight ride-alongs, it was an indicator of where the company known for Tasers and body-worn cameras is headed. The former Amazon executive will be making big bets on the technologies that Axon thinks will be critical to the future of police work.
Robinhood is joining a wave of companies letting traders buy a fraction of a share.
Jens Tischendorf, a partner at activist fund Cevian, will leave the supervisory board of Thyssenkrupp after his five-year term ends next month, the ailing conglomerate said on Thursday.
China and the United States are in close communication on trade, officials in Beijing and Washington said, days before tit-for-tat tariffs are due to go into effect.
U.S. trade negotiators have offered to cancel a new round of tariffs on imported Chinese goods set to take effect on Sunday as part of an effort to cement a phase-one deal to de-escalate the trade relationship between the two powers, the Wall Street Journal said on Thursday.
The $2.2 trillion repurchase agreement market - part of the inner workings of the U.S. financial system - is facing what could be another strain as the year comes to a close. That could have wider implications than just Wall Street.
Oil prices rose on Thursday after U.S. President Donald Trump said Washington was "very close" to nailing down a trade deal with China and the Federal Reserve held interest rates steady and struck an optimistic tone on the outlook for the economy.
New research shows that the retirement savings rate has not returned to pre-Financial Crisis levels. And 401(k) plans, which were supposed to replace pensions, are letting some American families fall through the cracks, according to the Economic Policy Institute.
Subaru Corp expects its U.S. vehicle sales to rise to a record high in 2020, as demand for its SUV crossover models helps it buck the trend of slowing car sales in the Japanese automaker's biggest market.
Apple Inc's iPhone shipments in China fell more than 35% in November, marking their second straight double-digit decline as sales of the cheaper iPhone 11 remained sluggish, brokerage Credit Suisse said on Thursday.