Business > Economy

Asian shares rise, but gains capped by weak sentiment

1 hour ago   |   Reuters

Asian equities rose on Friday after the S&P 500 index notched a new record closing high, but investor sentiment remained fragile following weak data from China and Germany...
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Trudeau to face weakened fiscal position, deepening deficits amid slumping economy: budget watchdog

2 hours ago   |   National Post

OTTAWA - The deficit under Prime Minister Justin Trudeau is likely to deepen in coming years due to a slump in economic growth, further weakening the Liberal's fiscal position...
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Uber Fined $649 Million for Saying Drivers Aren't Employees

3 hours ago   |   NY Times

The move by New Jersey could reverberate across the gig economy.
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Hong Kong to unveil depth of recession amid protests, trade war

3 hours ago   |   Reuters

Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as...
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Tariff anxiety is mounting across American households, threatening the backbone of the economy

Tariff anxiety is mounting across American households, threatening the backbone of the economy

4 hours ago   |   Business Insider

Trade tensions with China have further raised alarm in American households, undermining one of the brightest spots in an economy otherwise expected to slow. About two-thirds of...
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Consumer Reports finds vehicle redesigns come with glitches

4 hours ago   |   Boston Herald

DETROIT - When it comes to buying a new car, the latest and greatest may not be the most dependable. In its annual auto reliability survey this year, Consumer Reports found...
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Pelosi Optimistic Congress to Vote on U.S.-Mexico-Canada Free Trade Deal This Year

5 hours ago   |   Fortune

House Speaker Nancy Pelosi says she's aiming to have the stalled U.S.-Mexico-Canada free trade agreement approved by House this year, a sign that negotiations with the Trump...
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Fed's Kaplan says strong consumer will help the U.S. economy avoid recession in 2020

6 hours ago   |   Reuters

Dallas Federal Reserve Bank President Robert Kaplan said he does not expect the U.S. economy to enter a recession next year, and he was optimistic that the strong consumer can...
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Wall Street slips after Cisco's gloomy outlook

6 hours ago   |   Reuters   |   3 articles

Wall Street's main indexes slipped from near record levels on Thursday, as a dour forecast from tech stalwart Cisco Systems raised fresh questions about the global economy's...
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Fed's Bullard: 'More normal' yield curve bullish sign for 2020

6 hours ago   |   Reuters

The way U.S. bond markets responded to recent Federal Reserve interest rate cuts could be "bullish" for the economy, St. Louis Federal Reserve President James Bullard said on...
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Multiple victims injured in California high school shooting; police are...

Multiple victims injured in California high school shooting; police are hunting for the gunman

Multiple people were injured in a shooting at a California high school Thursday morning. Authorities said they were searching for a male, Asian suspect wearing black... Read more ...

Amazon just made its first official challenge to Microsoft's $10 billion...

Amazon just made its first official challenge to Microsoft's $10 billion JEDI cloud contract win over claims of ‘unmistakable bias'

Amazon made its first formal action against Microsoft's victory in the battle for a $10 billion Pentagon cloud contract. The Pentagon selected Microsoft on Oct. 25 for the... Read more ...

Trump advisor Stephen Miller faces increasing pressure to resign after...

Trump advisor Stephen Miller faces increasing pressure to resign after reports that he shared white nationalist links with a Breitbart editor

White House advisor Stephen Miller is facing increasing pressure to resign after new leaked emails showed him exchanging links to white nationalist websites with a Breitbart... Read more ...

Who's scheduled to publicly testify next in Trump's impeachment hearings

Who's scheduled to publicly testify next in Trump's impeachment hearings

The impeachment inquiry into President Donald Trump has officially moved into its public phase, and witnesses in the inquiry are beginning to testify in an open session before... Read more ...

Trump raises $3.1 million on first day of public impeachment hearings

Trump raises $3.1 million on first day of public impeachment hearings

President Trump is raking in money as the impeachment inquiry against him goes public - netting $3.1 million in donations on the first day of televised hearings on Capitol... Read more ...

Walmart employees in El Paso, including one who saved dozens in mass...

Walmart employees in El Paso, including one who saved dozens in mass shooting, are back at work after the store reopens

The Walmart store in El Paso, Texas, where 22 people died in a mass shooting was reopened on Thursday. The store had been closed since the shooting happened in August. "It's... Read more ...

Walmart expects a strong holiday season, and it's sending shares to their...

Walmart expects a strong holiday season, and it's sending shares to their highest level all year

Walmart reported third-quarter fiscal 2020 earnings before market open Thursday. Shares rose as much as 3.5% in early trading, setting up Walmart to open at its highest price... Read more ...

Marie Yovanovitch will testify Friday in the Trump impeachment hearings...

Marie Yovanovitch will testify Friday in the Trump impeachment hearings. Here's what to expect

Marie Yovanovitch, the US's former ambassador to Ukraine, will be the third official to testify in the public impeachment hearings against President Donald Trump . Yovanovitch... Read more ...

Facebook just signed a lease for a massive new office in New York City's $25...

Facebook just signed a lease for a massive new office in New York City's $25 billion neighborhood, Hudson Yards

Facebook has signed a lease for a new office space within the Hudson Yards development in New York City. Facebook will lease over 1.5 million square feet of office space across... Read more ...

Nick Jonas says the Jonas Brothers lied about opening for Kelly Clarkson...

Nick Jonas says the Jonas Brothers lied about opening for Kelly Clarkson when they weren't famous so they could land better gigs

Nick Jonas appeared on NBC's "The Kelly Clarkson Show" on Thursday and revealed that the Jonas Brothers lied and said that they opened for Kelly Clarkson because "no one cared... Read more ...