U.S. stock indexes opened lower on Friday, as strong jobs data highlighted tightening labor market conditions and cemented expectations for the Federal Reserve increasing interest rates.
U.S. job growth accelerated in August and wages notched their largest annual increase in more than nine years, strengthening views that the economy was so far weathering the Trump administration’s escalating trade war with China.
U.S. stock indexes were set to open lower on Friday, after strong jobs data underscored tightening labor market conditions and cemented expectations for the Federal Reserve increasing interest rates.
Chinese e-commerce giant JD.com, whose CEO Richard Liu was arrested last week in the U.S. city of Minneapolis after an allegation of rape and later released, said Liu had cooperated with police there and was willing to cooperate further if asked.
Revlimid is Celgene’s biggest moneymaker by far. But here’s how and why CEO Mark Alles wants to make it disappear. …read more […]
U.S. job growth accelerated in August, with wages notching their largest annual increase in nine years, strengthening views the economy was so far weathering the Trump administration’s escalating trade war with China.
U.S. job growth accelerated in August, with wages notching their largest annual increase in nine years, strengthening views the economy was so far weathering the Trump administration’s escalating trade war with China.
U.S. stock index futures extend losses on Friday after strong U.S. jobs data underscored tightening labor market conditions and cemented expectations for the Federal Reserve increasing interest rates further.
Verizon Communications Inc’s head of media and advertising business Tim Armstrong is in talks to leave the U.S. wireless carrier, the Wall Street Journal reported on Friday, citing people familiar with the matter.
World shares limped toward their worst week in almost six months on Friday, with Asia carving out a 14-month trough as investors braced for a new salvo of Sino-U.S. tariffs.
Activist investor Daniel Loeb’s hedge fund Third Point LLC on Friday said it nominated a slate of directors to replace Campbell Soup Co’s entire board.
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U.S. stock index futures dipped on Friday, with internet stocks poised for further declines and as investors braced for a fresh salvo of Sino-U.S. tariffs and the August jobs report.
China will continue opening up and improving market access, Premier Li Keqiang said, adding that he hoped U.S. firms would boost investment in the world’s second-largest economy, state television reported on Friday.
Volkswagen faces a trial next week as investors seek 9.2 billion euros ($10.7 billion) in compensation arguing that the carmaker should have informed shareholders about a diesel pollution scandal before regulators did in September 2015.
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