Top News & Analysis Pennsylvania

  • TUPELO, MS - NOVEMBER 01: President Donald Trump points toward the crowd during a "Keep America Great" campaign rally at BancorpSouth Arena on November 1, 2019 in Tupelo, Mississippi.

    Matchups featuring Trump against Biden, Sanders and Warren are toss-ups a year before the 2020 election, New York Times/Siena polls say.

  • WASHINGTON, Nov 1- U.S. job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere and hiring in the prior two months was stronger than previously estimated, offering some assurance that consumers would continue to support the slowing economy. While the Labor Department's closely watched monthly...

  • WASHINGTON, Nov 1- U.S. job growth likely slowed sharply in October, weighed down by a strike at General Motors, while the unemployment rate is expected to tick up from near a 50- year low of 3.5%. The 40- day strike by members of the United Auto Workers union, which came as hiring was already slowing, could make it difficult to get a clear pulse on the labor market and...

  • *Consumer confidence index dips 0.4 pts to 125.9 in October. WASHINGTON, Oct 29- U.S. consumer confidence fell for a third straight month in October amid concerns about the short-term outlook for business conditions and job prospects, but remained at levels consistent with continued growth in consumer spending. "We see nothing in today's report to suggest...

  • The Addams Family Mansion

    CNBC picks out some of the best places with ghoulish histories and scary stories to guarantee any visitor a terrible night's sleep this Halloween.

  • The economy is losing momentum largely because of a 15- month trade war between the United States and China, which has sapped business confidence and undermined capital expenditure. Though President Donald Trump this month announced a truce in the trade war with China, delaying additional tariffs that were due in October, economists say the longest economic...

  • *U.S., China' close to finalizing' parts of Phase 1 trade pact. NEW YORK, Oct 25- U.S. Treasury yields rose on Friday after the United States said it was close to finalizing parts of a trade deal with China, suggesting that with global risks easing the Federal Reserve may not have to be aggressive in cutting interest rates this year and next.

  • DENVER/ WASHINGTON, Oct 25- The fortunes of Denver chef Alex Seidel are telling. Sales at his upscale eatery Fruition, which features Oysters Rockefeller and a $29 pork chop, are down for the first time since the restaurant opened in 2007, the year the last U.S. recession began. "Fast-casual" restaurants are growing around the United States, and competition for...

  • NEW YORK, Oct 25- U.S. The U.S. economic calendar is thin on Friday so market participants will be focused not only the Fed, but also U.S-China trade negotiations related to increasing purchases of U.S. agricultural products, as well as news on Britain's exit from the European Union. "Realized volatility in the last two weeks has been very compressed and seems to have...

  • DENVER/ WASHINGTON, Oct 25- The fortunes of Denver chef Alex Seidel are telling. Sales at his upscale eatery Fruition, which features Oysters Rockefeller and a $29 pork chop, are down for the first time since the restaurant opened in 2007, the year the last U.S. recession began. "Fast-casual" restaurants are growing around the United States, and competition for...

  • Oct 24- Comcast Corp beat Wall Street profit and revenue estimates on Thursday, as the company added high-speed internet customers and lost more video subscribers than expected. "Four things stood out as wrapped up the quarter: our incredible strength in broadband, the enduring popularity of our premium content, our strong global footing just one year after the...

  • The service from its NBCUniversal unit will be called "Peacock," and will offer a broad slate of original content, including "Dr Death" starring Emmy and Golden Globe winner Alec Baldwin, the company said in September. The NBCUniversal business, which includes NBC Entertainment and Universal Pictures, reported revenue of $8.30 billion, down 3.5% from a year...

  • A framework settlement, announced on Monday, was hammered out by some drugmakers and distributors and attorneys general in North Carolina, Pennsylvania, Tennessee and Texas. J&J, which is facing thousands of lawsuits over a variety of products, lowered its reported profit to $1.8 billion, or 66 cents per share, from $4.8 billion, or $1.81 per share, and said there...

  • PITTSBURGH/ WASHINGTON, Oct 23- President Donald Trump on Wednesday affirmed plans to pull the United States out of the Paris climate agreement, less than two weeks before his administration can formally start the process. At an energy conference in Pittsburgh, Trump touted surging U.S. natural gas and crude oil output, his efforts to roll back regulations on...

  • Oct 23- Johnson& Johnson on Wednesday lowered its previously reported profit for the third quarter to $1.8 billion from $4.8 billion to account for a proposed opioid settlement payment. The company lowered its earnings per share for the quarter to $0.66 from $1.81, and said there was no impact to its adjusted earnings numbers. A framework deal, announced on...

  • WASHINGTON, Oct 23- President Donald Trump on Wednesday is expected to affirm plans to pull the United States out of the Paris climate agreement, a source said, less than two weeks before he can officially start the process. Trump is slated to speak at 3:30 p.m. at the Shale Insight conference in Pittsburgh and is expected to tout surging U.S. natural gas and crude...

  • Democratic Presidential candidate former vice president Joe Biden speaks to guests during a campaign stop at the RiverCenter on October 16, 2019 in Davenport, Iowa.

    Joe Biden says in the key 2020 swing state Pennsylvania that President Trump is abandoning the middle class through his policies.

  • CLEVELAND, Oct 21- Four large drug companies could resume talks on Tuesday to try to reach a $48 billion settlement of all opioid litigation against them, after agreeing with two Ohio counties to a $260 million deal to avert the first federal trial over their role in the U.S. opioid epidemic. Under Monday's local settlement, the distributors, which handle around...

  • Oct 21- The S&P 500 and Nasdaq indexes rose on Monday as technology stocks were bolstered by signs of progress in resolving the prolonged U.S.- China trade dispute, while losses in Boeing capped gains in the blue-chip Dow Jones Industrials. White House adviser Larry Kudlow said tariffs scheduled for December could be withdrawn if talks go well, adding to...

  • CLEVELAND, Oct 21- The fight over who is responsible for the opioid epidemic that has ravaged the United States heads to court on Monday in Ohio as local governments seek billions of dollars from companies that manufactured and distributed the highly-addictive painkillers. The trial will pit two Ohio counties against five companies the local governments...