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Stocks rose broadly on Wall Street Friday, though the market ended a turbulent week of trading with its third straight weekly loss. Financial companies led the buying as the yield on the 10-year Treasury note reversed part of a steep slide a day earlier. Rising yields boost interest rates on…
Stocks scrambled higher Tuesday and clawed back much of their losses from Monday’s rout, the latest whipsaw move as investors weigh just how much the escalating U.S.-China trade war will hurt the economy.
The Standard & Poor’s 500 and other U.S. stock indexes rose as soon as markets opened, and…
China’s April exports fell 2.7% from a year ago amid the country’s tariff war with Washington, while imports rebounded to 4% growth.
Stocks closed at a fresh all-time high on Wall Street Friday, as investors weighed a report showing solid US economic growth, per the AP . Gains in financial, health care, and other sectors offset losses in energy companies as the price of US crude oil slumped for the third straight day….
California’s major monopoly utilities asked regulators Monday to approve higher profits for their shareholders amid a growing risk of destructive fires. The biggest request came from Southern California Edison, where the average household customers could see an annual bill increase of more than…
Healthcare companies led stocks broadly higher Tuesday morning on Wall Street.
UnitedHealth Group, the nation’s largest health insurance company, rose 1.3% early in the session after beating first-quarter earnings forecasts and raising its estimates for the full year.
Other healthcare-sector companies…
The number of confirmed measles cases in New York City has increased to 329 since October, and according to the city’s health department, the outbreak is expected to worsen over the next 3 to 5 weeks.
A group of Brooklyn parents has sued the city’s health department to block its its order making vaccinations mandatory, even as federal health officials reported the biggest increase this year in measles cases across the country. The parents say the emergency order last week violates their religious beliefs, the New…
Chevron is buying Anadarko Petroleum in a $ 33-billion cash-and-stock deal as the company seeks to grow stronger in deep water exploration in the gulf and the energy-rich southwest region of Texas called the Permian Basin.
The deal, announced Friday, arrives with U.S. crude prices up 40% this year.
China’s exports rebounded from a contraction in March and sales to the United States grew strongly despite President Donald Trump’s tariff hikes.