Category: Money

Wall Street Surges On News Of Trade Progress

NEW YORK – The S&P 500 and the Dow Jones Industrial average extended earlier gains and the Nasdaq turned positive on Friday on reports of potential progress...

Global Stocks Edge Higher As Turkey Worries Offset Us-china Trade Talks

NEW YORK – Another steep decline in the Turkish lira on Friday pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes...

Kill Quarterly Reporting Some Investors Ring Alarm Bells

NEW YORK – Less reporting by U.S. corporations could put shareholders in the dark, allow companies to drift off course and even make U.S. stocks less attractive...

Goldman Faces Uk Probe Over Reporting Practices Bloomberg

– Goldman Sachs Group Inc (GS.N) is facing a probe from U.K. regulators over its reporting practices tied to new rules in European markets, Bloomberg reported on...

Us Rig Count Remains At 1057 Texas Gains 3 Rigs

The number of rigs exploring for oil and natural gas in the U.S. held steady at 1,057 this week. At this time a year ago there were 946 active rigs. Houston oilfield...

Industrials Health Care Companies Help Us Stocks Higher

U.S. stocks are slightly higher Friday afternoon as strong sales from Deere help industrial companies and a dip in bond yields sends high-dividend companies upward....

Investors Query Funding Costs At A Private Tesla

NEW YORK/BOSTON – Several Tesla Inc (TSLA.O) shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth...

Trump Backs Ceos Proposes Easing Corporate Reporting Rules

NEW YORK/WASHINGTON – U.S. President Donald Trump on Friday said meetings with corporate executives prompted him to ask the U.S. Securities and Exchange Commission...

Nasdaq Hit As Chip Stocks Fall Defensive Sectors Prop Up Dow Sampp

– Weak forecasts from Nvidia and Applied Materials hit chipmakers and dragged the Nasdaq lower on Friday, while the S&P 500 and Dow Industrials were kept...

It Will Be Tough For Trumps Sec To Overhaul Reporting Rules

– U.S. President Donald Trump said Friday that he wanted the Securities and Exchange Commission (SEC) to explore doing away with quarterly corporate reports,...