Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
Stocks in Asia Pacific edged up in Friday afternoon trade as a series of developments overnight on the U.S.-China trade front dampened hopes of a deal being reached between...Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
Asian cities are on the rise and are dominant in the Fintech space.Financeread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
European markets finished the week higher on average to secure the longest weekly winning streak in three years.
The pan-European Stoxx 600 ended Friday 0.38 percent higher with the different sectors moving in opposite directions.
Looking at individual stocks, Sika shares finished up by 8.33 percent, putting among the top-performing companies across Europe. This was after news that the autos parts company struck an agreement with Saint-Gobain to end a legal dispute.
Shares of Daily Mail General Group have traded higher Friday, closing up by 1.34 percent. Its shares jumped following news that property portal Zoopla had agreed to be bought by Silver Lake. The Daily Mail has a large stake in the U.K. property firm. The deal has also driven higher the shares of other U.K. property firms, including Rightmove, which jumped 3.8 percent.
Meanwhile, oil prices have come off slightly after consecutive increases. By evening trade in Europe, Brent hovered at around $77.25 per barrel, while U.S. crude sat around the $71.01 mark.
European Central Bank President Mario Draghi addressed an audience in Florence, Italy, in the early afternoon. Markets remained unmoved by his call to increase fiscal powers for the euro zone.
In the United States, equities rose slightly Friday, as Wall Street looked to book a week of solid gains led by energy stocks.