Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
Electronic material that Infowars host Alex Jones turned over to families of Sandy Hook Elementary School shooting victims who are suing him contained images of child...Politicsread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
Eleven banks that lend to shipping lines announced Monday that climate impact will be integrated into the criteria that determines how much shipping companies can borrow, an...Transportationread more
Florida businessman Barry Honig agreed to a proposed judgment with the SEC in a case it called "classic pump-and-dump schemes," according to Monday filings.Crimeread more
"The recent Iranian attacks validate the reliable, credible intelligence we have received on hostile behavior by Iranian forces," Shanahan says.Politicsread more
"They're fun. They're companies you know or can learn about," he said, "and you can happily buy them into weakness if you've done the homework and you believe in their...Mad Money with Jim Cramerread more
"The idea that you can put it in dog food and it's going to calm your dog ... I think that's pretty hokey," former FDA chief Scott Gottlieb says.Health and Scienceread more
The U.S. dollar edged lower against a basket of major currencies on Friday after traders were reluctant to buy the greenback ahead of U.S. jobs data next week, and after comments from Federal Reserve Chair Janet Yellen.
Yellen said the Fed is giving "serious consideration" to beginning to reduce its accommodative monetary policy and a rate hike may be warranted later this year, although a downturn in core inflation or wage growth could force it to hold off.
Analysts said the emphasis on considering rate hikes was slightly hawkish and led the dollar to pare some earlier losses, but that the remarks overall reiterated the message from the Fed's March 18 policy statement: that the timeline of the Fed's rate hikes would hinge on U.S. economic data.
Yellen delivered the prepared remarks at a monetary policy conference at the Federal Reserve Bank of San Francisco.
"It turned out to be pretty much a replay" of last week's Fed statement, said Alfonso Esparza, senior currency Strategist at Oanda in Toronto. "They're waiting for the data," he said in reference to Fed policymakers.
The speech came after the latest Fed policy statement released March 18, which suggested a less aggressive timeline for hiking rates and led most of Wall Street's top banks to push out expectations for the first rate hike to September from June.
The dollar index, which measures the greenback against a basket of six major currencies, posted its second straight weekly loss.
The dollar had lost some ground ahead of the speech on predictions a dovish stance could push the dollar lower. The dollar index rallied over 25 percent from early May last year through March 17, but has since given back some gains since after the Fed's March 18 statement.
Analysts said the long-term uptrend in the dollar remained in place given the likelihood that the Fed will still hike rates this year, but that traders were awaiting key data, including next week's U.S. employment report for March.
"It's still a U.S.-dollar-long environment," said Camilla Sutton, chief currency strategist at Scotiabank in Toronto.
The euro was last up slightly against the dollar at $1.08910. The dollar was last down slightly against the yen at 119.150 yen. The dollar was last down 0.12 percent against the franc at 0.96180 franc.
The dollar index was last down 0.06 percent at 97.374 .