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U.S. stocks inched to fresh record highs on Friday, as investors remained optimistic about improving trade relations between Washington and Beijing in the run-up to the holiday season.

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market.

The U.S. Justice Department and Federal Communications Commission filed in court on Friday to support a merger of T-Mobile and Sprint , the third and fourth largest wireless carriers.

The IRS requires savers to make withdrawals from their retirement accounts at a certain age. Here's what you need to know.

Just Eat backed a final 5.5 billion pound ($7.2 billion) all-share offer from Takeaway.com on Friday, saying a tie-up to create one of the leading online food delivery companies was more compelling than a rival cash bid from Prosus.

Congress passed a bill that would allow retirement savers to wait longer to start drawing down their money. They currently have to do so at 70½, but they might have until 72 now.

A year-end rally in global equity markets extended gains on Friday, helped by data showing relatively strong U.S. growth, while sterling headed toward its worst week in more than two years on concerns over how Britain will leave the European Union.

Fiat Chrysler will stick to its 5 billion euro ($5.5 billion) 2020 investment plan for Italy, union officials said on Friday, adding that the group had confirmed a pledge to get all employees off furlough arrangements and back to work by 2022.

The House narrowly passed a measure to repeal the $10,000 limit on state and local tax deductions, but the legislation is unlikely to survive in the Senate. Nevertheless, taxpayers may see the concept make a comeback in 2020.

"None of those candidates, I find, is really interested in your 401(k)," the "Mad Money" host says.

Investment pro Michael Farr unveils his top 10 stock picks for 2020

U.S. Steel headed for one of its worst days of 2019 on Friday after it cut its dividend and announced plans to lay off about 1,500 workers.

Boeing's top supplier Spirit AeroSystems Inc said on Friday it would stop making fuselages for the grounded 737 MAX jets, the first major indication of disruption spreading to the planemaker's suppliers facing thousands of potential layoffs.

Unions at carmaker Fiat Chrysler said management had given assurances at a meeting on Friday on jobs and a 5 billion euro ($5.54 billion) investment plan in Italy following the group's planned merger with French rival PSA .

Oil was down about 1% on Friday, but prices were set for a third straight weekly gain amid the easing of U.S.-China trade tensions, which has boosted business confidence and the outlook for global economic growth.