Apple Inc <AAPL.O> took a step closer to becoming a trillion dollar company after the tech giant reported a blowout third quarter on Thursday and shrugged off concerns related to the $999 iPhone X. Continue Reading Below Its shares rose almost 4 percent in premarket trading on Friday, on track […]
FOX Business News
Solid UK services survey helps justify interest rate hike
LONDON – A day after the Bank of England raised interest rates for the first time in a decade, a closely watched survey shows the British economy in relatively good health. Continue Reading Below In a monthly update published Friday, financial information firm IHS Markit found a “marked and accelerated” […]
How Could Your 2018 Tax Bracket Change Under the GOP’s Tax Bill?
Shortly after the GOP’s tax reform bill titled “The Tax Cuts and Jobs Act” was released, Speaker of the House Paul Ryan said that the bill would save the average American family $1,182 per year. While the bill is certainly a tax cut for the average American if that’s true, […]
3 Stocks Your Children Will Brag About Someday
Buying stocks in great companies and holding them for many years has proven to be one of the best ways — if not the best — for the average person to build wealth. Sometimes, the very best investments can turn into generational wealth, with stocks that get passed down as part of […]
The Latest: Catalonia loses most jobs in Spain in October
MADRID – The Latest on the Spain-Catalonia political crisis (all times local): Continue Reading Below 9:30 a.m. Catalonia has lost the highest number of jobs of Spain’s 17 autonomous communities during the tumultuous past month, according to monthly statistics issued by Spain’s Ministry of Employment and Social Security. The northeastern […]
Questions arise over departure of first woman to lead Fed
WASHINGTON – Nearly four years into Janet Yellen’s history-making turn as the first woman to lead the Fed, the economy is growing, the unemployment rate is low and the stock market is setting record highs. Continue Reading Below But President Donald Trump is not offering Yellen a second term, making […]
Surge in US hiring is expected as bounce-back from storms
WASHINGTON – U.S. job growth is expected to have soared in October in the aftermath of Hurricanes Harvey and Irma as hotels and restaurants in Florida and Texas reopened and rebuilding and repair work began. Continue Reading Below Economists have forecast that the government’s jobs report being released Friday morning […]
Oil up on ongoing supply cuts, but analysts warn OPEC must stay the course
Oil markets rose on Friday, supported by OPEC-led supply cuts which are tightening the market as well as by strong demand, but analysts cautioned that the cuts would need to be extended to counter rising U.S. output. Continue Reading Below Brent futures, the international benchmark for oil prices, were at […]
Oil firm on ongoing supply cuts, but analysts warn OPEC must stay the course
Oil markets were firm on Friday, supported by OPEC-led supply cuts which are tightening the market as well as by strong demand, but analysts cautioned that the cuts would need to be extended to counter rising U.S. output. Continue Reading Below Brent futures were at $60.75 per barrel at 0739 […]
Asian markets muted as investors assess China data, Fed pick
HONG KONG – Asian stocks were mixed Friday in holiday-thinned trading as investors digested uninspiring Chinese economic data, Donald Trump’s pick for next Fed chief and a U.S. tax cut plan. Continue Reading Below KEEPING SCORE: Hong Kong’s benchmark Hang Seng index rose 0.3 percent to 28,607.12 while the Shanghai […]