The mayor of a Michigan steel town was attending his grandchildren's Christmas play Thursday evening when he got an unwelcome voicemail from an official of the town's top employer: United States Steel Corp.
Testimony ended on Friday in a lawsuit by a group of states led by New York and California seeking to block the merger of Sprint Corp and T-Mobile US Inc , moving the trial a step closer to having a U.S. judge rule on whether the deal violates federal antitrust laws.
Oil prices fell on Friday, but both benchmarks logged a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth.
The National Highway Traffic Safety Administration's (NHTSA) acting chief said on Friday the agency is in talks with General Motors Co on its January 2018 petition to deploy a limited number of self-driving vehicles on U.S. roads without steering wheels or other human controls.
U.S. stocks hit record closing highs again on Friday and the S&P 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic about developments in the U.S.-China trade dispute.
The S&P 500 hit a record high for a seventh straight session on Friday, as continued optimism on resolving the U.S.-China trade war and strength in domestic consumer spending lifted sentiment.
For all the angst about trade wars, geopolitics and a sputtering and overly indebted global economy, 2019 might just be the best year investors have ever had.
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.
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.
The IRS requires savers to make withdrawals from their retirement accounts at a certain age. Here's what you need to know.
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.
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.
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.
Wall Street analysts were upbeat about Nike Inc's long-term growth, encouraged by the sportswear maker's robust online sales and strength in China that helped overcome slowing demand in North America, its biggest market.
As end-December approaches, money market players' thoughts may be turning to a September scare, when rates in the $2.2 trillion U.S. repurchase or repo market spiked to 10%, boosting the premium to borrow dollars. The fear is a bigger crunch may erupt in the $2.2 trillion U.S. repo market towards year-end, a period when banks lend less and trading volumes fall.