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Trade deal hopes, surging health stocks power Wall Street to highs

November 16, 2019 by cbn Leave a Comment

Trade deal hopes, surging health stocks power Wall Street to highs

Wall Street’s main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies.

Filed Under: Financial Planning

Spain’s Iberdrola to enter Australia with wind, solar power project

November 15, 2019 by cbn Leave a Comment

Spain’s Iberdrola to enter Australia with wind, solar power project

Spanish power firm Iberdrola SA said on Friday it plans to make its first foray into the Asia-Pacific, building a A$500 million ($343 million) wind and solar farm in Australia.

Filed Under: Financial Planning

U.S. ‘getting close’ to trade deal with China – White house economic adviser

November 14, 2019 by cbn Leave a Comment

U.S. ‘getting close’ to trade deal with China – White house economic adviser

The United States is getting close to a trade agreement with China, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive discussions with Beijing.

Filed Under: Financial Planning

U.S. ‘getting close’ to trade deal with China – White house economic adviser

November 14, 2019 by cbn Leave a Comment

U.S. ‘getting close’ to trade deal with China – White house economic adviser

The United States is getting close to a trade agreement with China, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive discussions with Beijing.

Filed Under: Financial Planning

Disney+ streaming exceeds expectations with 10 million sign-ups, shares surge

November 13, 2019 by cbn Leave a Comment

Disney+ streaming exceeds expectations with 10 million sign-ups, shares surge

Walt Disney Co shares soared to a record high after the entertainment firm said its new streaming service, Disney+, had been met with “extraordinary consumer demand,” reaching 10 million sign-ups in its first day.

Filed Under: Financial Planning

Oil edges up ahead of U.S. storage data as OPEC, Fed see robust economy

November 13, 2019 by cbn Leave a Comment

Oil edges up ahead of U.S. storage data as OPEC, Fed see robust economy

Oil prices edged up on Wednesday on positive economic comments from U.S. Federal Reserve Chair Jerome Powell and the Organization of the Petroleum Exporting Countries (OPEC) ahead of a weekly report on U.S. stockpiles.

Filed Under: Financial Planning

Trump threat of more China tariffs could hit consumer goods before Christmas

November 13, 2019 by cbn Leave a Comment

Trump threat of more China tariffs could hit consumer goods before Christmas

U.S. President Donald Trump’s threat to jack up U.S. tariffs on Chinese goods if the world’s two largest economies fail to reach a trade deal could raise the price of cellphones, laptops, and toys less than two weeks before Christmas.

Filed Under: Financial Planning

Trump says China trade deal ‘close’ but dashes hopes for signing details

November 12, 2019 by cbn Leave a Comment

Trump says China trade deal ‘close’ but dashes hopes for signing details

President Donald Trump on Tuesday dangled the prospect of completing an initial trade deal with China “soon,” but offered no new details on negotiations in a campaign-style speech touting his administration’s economic record.

Filed Under: Financial Planning

Boeing gives pilot new job after firestorm over leaked messages -sources

November 12, 2019 by cbn Leave a Comment

Boeing gives pilot new job after firestorm over leaked messages -sources

One of two Boeing Co technical pilots who described flaws in a crucial flight control system in leaked 2016 instant messages has been transferred to a new job at the U.S. planemaker, two people familiar with the matter said on Tuesday.

Filed Under: Financial Planning

Trade uncertainty pushes down S&P 500, Nasdaq

November 11, 2019 by cbn Leave a Comment

Trade uncertainty pushes down S&P 500, Nasdaq

The S&P 500 and Nasdaq stock indexes fell from record highs on Monday as uncertainty about progress in the U.S.-China trade talks again rose to the fore following comments by President Donald Trump, while a jump in Boeing Co shares helped keep the Dow Jones Industrial Average little changed.

Filed Under: Financial Planning

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