Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
U.S. stock index futures indicated a narrowly higher open on Friday morning as traders eyed data and awaited comments from Fed Chair Janet Yellen ahead of the Memorial Day weekend.
A second reading of first-quarter GDP showed 0.8 percent, slightly below expectations but up mildly from the advance read.
Consumer sentiment will be released at 10:00 a.m. The Treasury cash market closes at 2 p.m. ET for the long weekend.
Traders will also be monitoring comments from Federal Reserve Chair Janet Yellen, who is due to speak at Harvard University on Friday afternoon to receive the Radcliffe Medal. Yellen will be questioned by Harvard professor and economist Gregory Mankiw at 1:15 p.m. ET.
As of Thursday's close, the Dow and S&P were tracking for weekly gains of more than 1.8 percent. The Nasdaq composite outperformed, on pace for weekly gains of more than 2.7 percent.
WTI was off about 1 percent below $49 a barrel after topping $50 intraday Thursday.
Treasury yields were mostly lower, with the 2-year yield around 0.87 percent and the 10-year yield near 1.83 percent as of 8:32 a.m. ET.
The U.S. dollar index traded mildly higher, with the euro near $1.117 and the yen around 109.6 yen against the greenback.
On the earnings front, JA Solar is set to report before the bell.
--CNBC's Patti Domm contributed to this report