It’s getting to be the best time of year for stocks, and the Dow could soon set a new high
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images As November unfolds, stocks should continue to make...
NBC is leaning toward making its Peacock streaming service free to everyone
Comcast’s NBCUniversal is considering making an ad-supported version of its Peacock streaming service free for everyone, bucking the trend of charging for streaming products, according to people familiar with the matter. It would be the first free streaming on-demand video...
Stocks making the biggest moves after hours: Pinterest, Beigene, Arista Networks and more
A Pinterest banner hangs on the facade of the New York Stock Exchange (NYSE) in New York City, September 22, 2017 Brendan McDermid | Reuters Check out the companies making headlines after the bell: Shares of Pinterest plummeted 20% after...
Only one major analyst was not impressed by Apple’s results and here’s what has him worried
Tim Cook, chief executive officer of Apple Inc., speaks about the new iPhone Pro during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Tuesday, Sept. 10, 2019. Apple unveiled the iPhone 11 that will replace the...
Here’s what happened to the stock market on Wednesday
Dow Jones Industrial Average rises 115 points The Dow gained 115.27 points, or 0.43% to close at 27,186.83. The S&P 500 climbed 0.33% to 3,046.77. The Nasdaq Composite advanced 0.33% to 8,303.98. The Federal Reserve struck the right tone with...
US GDP rose a better-than-expected 1.9% in the third quarter as the consumer continued to spend
A line worker installs the back seats on the flex line at Nissan Motor Co’s automobile manufacturing plant in Smyrna, Tennessee, August 23, 2018. William DeShazer | Reuters U.S. gross domestic product — the broadest measure of the U.S. economy...
US GDP rose a better-than-expected 1.9% in the third quarter as consumers continued to spend
U.S. gross domestic product — the broadest measure of the U.S. economy — grew faster than expected in the third quarter, but slowed slightly as business investment continued to decline. The Commerce Department said Wednesday that economic activity grew at...
Private payrolls increase by 125,000 in October, topping expectations
Private payrolls grew at a faster-than-expected pace in October, but the solid growth was offset by a sharp downward revision for the previous month, according to a survey released Wednesday. Companies hired 125,000 employees in October, according to ADP and...
Weekly mortgage demand is flat as interest rates hit the highest level in 3 months
Daniel Acker | Bloomberg | Getty Images Mortgage rates moved to their highest level in nearly three months last week, giving homeowners little incentive to refinance their home loans. Total mortgage application volume rose 0.6% for the week, according to...
An Elizabeth Warren presidency may not be as bad for stocks as some investors fear, strategist says
Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks during a rally in Washington Square Park on September 16, 2019 in New York City. Bauzen | GC Images | Getty Images An Elizabeth Warren presidency would likely be tough on some...
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