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Markets Right Now: Stocks notch solid gains on Wall Street

Posted by on May 15, 2019 in Business | 0 comments

Stocks are closing solidly higher on Wall Street as traders become more hopeful that some of the U.S.’s frictions with its trading partners will ease.
Source: ABC News: Money

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Tariffs force businesses to strategize to preserve profits

Posted by on May 15, 2019 in Business | 0 comments

The 25% tariffs President Donald Trump has imposed on thousands of Chinese-made products have business owners trying to determine how or whether they can limit the damage to profits from the import duties
Source: ABC News: Money

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CFPB official whose racist writings stirred ire resigns

Posted by on May 15, 2019 in Business | 0 comments

A Trump administration appointee at the Consumer Financial Protection Bureau, whose position became controversial after racist comments he wrote years ago resurfaced, to leave the agency
Source: ABC News: Money

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US stocks extend gains after recovering from early slide

Posted by on May 15, 2019 in Business | 0 comments

Stocks reversed an early slide on Wall Street and finished broadly higher Wednesday, giving the market its second straight gain
Source: ABC News: Money

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Progressive and Coty rise while New Relic and Embraer fall

Posted by on May 15, 2019 in Business | 0 comments

Progressive and Coty rise while New Relic and Embraer fall
Source: ABC News: Money

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The Latest: FAA acting head stands by safety certification

Posted by on May 15, 2019 in Business | 0 comments

The acting head of the Federal Aviation Administration says Boeing should have done more to explain an automated flight-control system on its 737 Max aircraft before two deadly crashes, but he defended his agency’s safety certification of the plane
Source: ABC News: Money

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Mnuchin optimistic on trade battles; Wall Street approves

Posted by on May 15, 2019 in Business | 0 comments

Mnuchin says US makes progress in talks with Canada and Mexico over steel tariffs, expects to soon travel to Beijing for more trade talks; comments boost stock market
Source: ABC News: Money

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Macy's warns customers could feel impact of trade war

Posted by on May 15, 2019 in Business | 0 comments

Higher prices on shirts and household goods? Macy’s CEO says customers could start to feel the impact of the escalating trade wars with China.
Source: ABC News: Money

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US industrial production down 0.5% in April

Posted by on May 15, 2019 in Business | 0 comments

US industrial production drops 0.5% in April amid big decline in auto output
Source: ABC News: Money

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US industrial production drops 0.5% in April amid big decline in auto output

Posted by on May 15, 2019 in Business | 0 comments

US industrial production drops 0.5% in April amid big decline in auto output
Source: ABC News: Money

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