The S&P 500 hit a record high for the seventh straight session on Friday, its longest in over two years, as investor sentiment improved on progress in U.S.-China trade relations and strength in domestic consumer spending.
Shares of Tesla Inc hit a fresh record high for the third straight session on Friday, and were just $7 shy from the $420 per share price at which founder Elon Musk sought to take the electric carmaker private more than a year ago.
The U.S. Securities and Exchange Commission (SEC) is probing the listings of some companies over several years focusing on the first day of trading, the Wall Street Journal reported on Friday, citing sources.
A group of five U.S. senators sent a letter on Thursday to JPMorgan Chase & Co. , asking it to explain what it was doing to address what they described as "a troubling list of discriminatory practices" related to race.
Amazon.com Inc plans to raise the fees it charges merchants for warehousing and shipping their goods in the United States by an average 3% next year, the company said Friday, as it faces higher costs from infrastructure and programs such as one-day delivery.
The S&P 500 hit a record high for a seventh straight session on Friday, as continued optimism on resolving the U.S.-China trade war and strength in domestic consumer spending lifted sentiment.
U.S. stocks hit record closing highs again on Friday and the S&P 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic about developments in the U.S.-China trade dispute.
The National Highway Traffic Safety Administration's (NHTSA) acting chief said on Friday the agency is in talks with General Motors Co on its January 2018 petition to deploy a limited number of self-driving vehicles on U.S. roads without steering wheels or other human controls.
Oil prices fell on Friday, but both benchmarks logged a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth.
Testimony ended on Friday in a lawsuit by a group of states led by New York and California seeking to block the merger of Sprint Corp and T-Mobile US Inc , moving the trial a step closer to having a U.S. judge rule on whether the deal violates federal antitrust laws.
The mayor of a Michigan steel town was attending his grandchildren's Christmas play Thursday evening when he got an unwelcome voicemail from an official of the town's top employer: United States Steel Corp.
U.S. fuel card company FleetCor Technologies Inc charged customers hundreds of millions of dollars in hidden fees after promising to help them spend less on fuel, the Federal Trade Commission said on Friday.
U.S. Transportation Secretary Elaine Chao told Reuters on Friday that the economic impact of Boeing Co's planned halt of 737 MAX production is not a factor in regulators' ongoing review of when to unground the plane involved in two fatal crashes.
Boeing Co's stunted Friday debut of its astronaut capsule threatens to dent the U.S. aerospace incumbent's self-declared competitive advantage of mission reliability against the price and innovation strengths of "new space" players like Elon Musk's SpaceX.
The U.S. securities regulator has asked at least two trading firms for information regarding a broad investigation into initial public offerings and direct listings going back five years on the New York Stock Exchange, a person familiar with the matter told Reuters on Friday.