Business Scott Brown

  • Bank of America jumped 2.1 percent to $23.41, their highest since the financial crisis. JPMorgan surged 2.2 percent at a record high of $88.17 and Wells Fargo gained 3.1 percent to $56.20. "There is a lot of optimism regarding the financial sector but any kind of cautious statement from them might cause a bit of a pullback," said Scott Brown, chief economist at...

  • Jan 13- U.S. stock index futures gave up some gains on Friday after disappointing quarterly reports from Bank of America and Wells Fargo. Wells Fargo was down 1 percent at $53.95 after it reported a fall in profit and its revenue fell short of market expectations. "There is a lot of optimism regarding the financial sector but any kind of cautious statement from them...

  • Dec 16- U.S. stocks opened higher on Friday, with the three major indexes on track to post weekly gains and the Dow within spitting distance of 20,000, a level it has never breached. The Fed sees three rate hikes next year instead of the two foreseen in September, partly as a result of the expected economic benefits under President-elect Donald Trump.

  • Dec 16- U.S. stocks looked set to open higher on Friday, with the three major indexes on track to post weekly gains and the Dow within spitting distance of 20,000, a level it has never breached. The Fed sees three rate hikes next year instead of the two foreseen in September, partly as a result of the expected economic benefits under President-elect Donald Trump.

  • *Mitt Romney, 2012 Republican presidential nominee and former Massachusetts governor. *Jon Huntsman, former Republican Utah governor and ambassador to China under President Barack Obama, ran for Republican presidential nomination in 2012. *John Bolton, U.S. ambassador to the United Nations under President George W. Bush, foreign policy adviser to 2012...

  • President-elect Donald Trump said on Monday he would nominate retired neurosurgeon Ben Carson, a presidential rival-turned-supporter to serve as Department of Housing and Urban Development secretary. *Jon Huntsman, former Republican Utah governor and ambassador to China under President Barack Obama, ran for 2012 Republican presidential nomination in...

  • NEW YORK, Nov 15- Oil prices jumped nearly 4 percent on Tuesday on bets OPEC members will agree to cut output while stocks edged higher, led by technology shares that had fallen recently. Bank stocks were the largest weight on Wall Street. "We're sort of poised for a little bit of a pullback here as people reassess what the new administration is likely to accomplish,"...

  • *Microsoft, Amazon, Apple boost S&P, Nasdaq. Nov 15- The S&P 500 and the Nasdaq opened higher on Tuesday, helped by a recovery in tech stocks, while the Dow Jones Industrial average fell after rising for six straight days. Both indexes had rallied in the past week since the shock victory of Donald Trump in the U.S. election on expectations of higher fiscal spending and...

  • *Dow Jones on track to rise for 7th straight day. *U.S. airlines rise after Buffett's Berkshire buys stake. Nov 15- Wall Street looked set to open slightly higher on Tuesday as a rally fueled by Donald Trump's victory in the U.S. election lost some steam, with investors still uncertain about his policies.

  • NEW YORK, Nov 1- The dollar slipped, demand for gold picked up and stocks edged lower on Tuesday as investors sought safe havens amid mounting uncertainty about next week's U.S. presidential election. The U.S. dollar hit its lowest level in more than two weeks against the euro on Tuesday on U.S. political uncertainty, while the Mexican peso hit a more than three-week...

  • *ISM data due at 10 a.m. ET. Nov 1- Wall Street was little changed at the open on Tuesday, a day after all three major indexes recorded their worst monthly performance since January. Wall Street ended barely changed on Monday as investors digested the latest large-scale corporate mergers as well as the most recent twist in a tumultuous U.S. presidential election.

  • *ISM data expected at 10 a.m. ET. Nov 1- Wall Street looked set to open slightly higher on Tuesday, a day after all three major indexes recorded their worst monthly performance since January. Wall Street ended barely changed on Monday as investors digested the latest large-scale corporate mergers as well as the most recent twist in a tumultuous U.S. presidential...

  • *Oil prices fall 2 pct on profit taking. *Verizon, Travelers fall on dour reports. Oct 20- U.S. stocks were little changed on Thursday morning as weak earnings reports from index heavyweights Verizon and Travelers were offset by AmEx's strong showing.

  • Oct 20- U.S. stock index futures gave up early gains and set Wall Street up to open slightly lower on Thursday as tepid earnings reports and economic data as well as drop in oil prices tempered enthusiasm. In a widely expected decision, the European Central Bank kept interest rates unchanged. More people perceived Democrat Hillary Clinton to have won the third and...

  • Donald Trump

    Donald Trump "likes talking about a lot of different possibilities, and he likes to surprise people," Susan Del Percio said.

  • NEW YORK, Nov 4- The U.S. housing market is on the mend, but the so-called ``missing piston'' of the world's biggest economy doesn't have enough power to get the broader recovery firing on all cylinders any time soon.

  • Scott Brown and Democratic challenger Elizabeth Warren ramped up their voter outreach efforts Thursday as new campaign fundraising reports show they've already spent nearly $68 million pursuing the same Massachusetts Senate seat.

  • NEW YORK-- A growth in early voting and tough economy for the media are forcing changes to the exit poll system that television networks and The Associated Press depend upon to deliver the story on Election Night, all with the pressure-filled backdrop of a tight presidential race.

  • Scott Brown is apologizing for suggesting Democratic rival Elizabeth Warren used paid actors in political ads defending her legal work in an asbestos lawsuit. The Taunton Daily Gazette reported that Brown was asked how Warren got family members of asbestos victims to appear in her ads.

  • *Lawmakers seek tighter regulation of compounding companies* Outbreak has sickened 138 people in 11 states, killed 12* Senator Brown to return contributions from NECC owners By Tim McLaughlin and Toni Clarke.