Wisconsin has approved a package of subsidies worth up to $3bn to Taiwanese manufacturing giant Foxconn in exchange for a new US factory. Republican Governor Scott Walker signed the controversial deal into law on Monday. He told reporters that work on the plant, which is to make LCD panels, should start...
Less than two weeks after Hurricane Irma left a path of destruction in the Caribbean, Tropical Storm Maria strengthened into a hurricane Sunday on its way toward the Leeward Islands. The storm became a Category 1 hurricane in the Atlantic Ocean on Sunday afternoon. It was 140 miles east-northeast of...
U.S. stocks are expected to extend gains Wednesday amid a global equity market rebound that follows the easing of political and military tensions in the Asia region and improving economic sentiment indicators in Europe. Early indications from U.S. equity futures suggest a 40-point, or 0.17%, gain for the Dow Jones...
Crude oil prices are taking a serious hit from Hurricane Harvey, slammed on multiple fronts at a time when benchmark prices were already showing some signs of strain. As has already been widely noted, Hurricane Harvey has knocked out major refineries along the Gulf Coast. Goldman Sachs said in a research...
  (Reuters) - U.S. stocks opened little changed on Wednesday after President Donald Trump's latest tweet on North Korea reignited concerns over escalating tensions between Washington and Pyongyang, while data showed a stronger economy. The Dow Jones Industrial Average (.DJI) fell 0.88 points, or -0 percent, to 21,864.49. The S&P 500...
Projections of skyrocketing demand for the metal have sent prices soaring by thousands a tonne, raising fears that lithium is a ‘gigantic bubble’ Lithium, the lightest metal on earth, has become such a heavyweight in commodities markets that it is increasingly being mentioned in the same sentence as rare earths...
President Donald Trump's claim that he's created a million jobs finally came true — months after he first made it. "We've added ... more than a million private sector jobs," Trump said on June 1, when the Labor Department's tally was about 600,000. On Monday White House press secretary Sarah...
DUBAI, United Arab Emirates — Police in Dubai reopened the streets around one of the world's tallest residential skyscrapers after firefighters put out a blaze that erupted early Friday in the high-rise, forcing residents to evacuate in the middle of the night and sending chunks of debris plummeting below. No...
U.S. job growth remained steady in July, though workers are still largely seeing slower wage gains, according to data released Friday by the U.S. Labor Department. Some of the highlights of July’s jobs report: U.S. employers added 209,000 net new jobs, slightly above analysts’ expectations. The unemployment rate ticked down...
Apple stock is surging after it beat Wall Street's expectations for earnings per share and revenue, and the stock is up over 5% after-hours. Apple also issued strong revenue guidance for its fourth fiscal quarter, suggesting strong sales growth year-over-year. The strong guidance also hinted at the launch of a redesigned iPhone in...
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