Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Daniel Povey, a professor who was fired by Johns Hopkins University, said he will no longer go work at Facebook after the company asked him to work as a contractor while it...Technologyread more
Markets would like Fed Chairman Jerome Powell to clarify whether the Fed sees itself at the beginning of a serious, longer-term rate cutting cycle.Market Insiderread more
In comparative terms, CEOs now make on average 278 times the average worker's salary, according to the Economic Policy Institute.Executive Compensationread more
The former cellmate's lawyer, Bruce Barket, told NBC that officials at the jailhouse said in an email that Tartaglione would face no charges or internal discipline now that...Politicsread more
Roger Stone and the Department of Justice have been sparring for a month over whether jurors can be shown a 4-minute-and-20-second clip from the film.Politicsread more
As part of his new proposal to combat hate and violence, O'Rourke wants to make social media companies liable for users' hateful content.Technologyread more
U.S. equities closed higher on Friday following the release of a stronger-than-expected jobs report.
The Dow Jones industrial average rose 117.68 points to 24,329.16. The gained 0.6 percent to close at 2,651.50 with health care rising more than 1 percent. Both indexes also closed at record highs.
The Nasdaq composite jumped 0.4 percent to finish at 6,840.08, as shares of Amazon, Netflix and Alphabet rose.
The U.S. economy added 228,000 jobs last month, according to the Bureau of Labor Statistics. Economists polled by Reuters expected a gain of 200,000. The unemployment rate held steady at 4.1 percent.
"It was another solid report, but wages were a disappointing factor," said Craig Bishop, vice president of U.S. fixed income at RBC Wealth Management.
Average hourly earnings — a closely watched component of the report — rose 0.2 percent for November and 2.5 percent for the year. Economists expected a monthly increase of 0.3 percent or 2.7 percent for the year.
"What it means is that it could take some of the pressure off the Fed to stick to its three rate-hike forecast for next year if wages soften up," said RBC's Bishop.
The Federal Reserve is scheduled to meet next week, with analysts largely expecting the central bank to raise interest rates on Wednesday.
"They're almost certain to still hike next week in part because this is what they have led investors to expect," said Luke Bartholomew, investment manager at Aberdeen Standard Investments. "The big question going into the end of the year is exactly what needs to be done to stir some life in wage growth. Trump's tax cuts will play into the debate but they won't solve the riddle."
Wall Street also looked overseas as European shares rose after the U.K. and the European Union agreed on three key issues slowing down Brexit negotiations. The Stoxx 600 index — which tracks a broad swath of European stocks — rose 0.7 percent, while the German Dax gained 0.8 percent.
In corporate news, Alexion Pharmaceuticals shares popped 7.2 percent after Leerink Partners said it sees the stock rising 30 percent in a base outcome from Phase 3 trials for ALXN1210, a drug that aims at treating paroxysmal nocturnal hemoglobinuria.