"We look at that as a very positive step, and we think it helps the consumer," CEO David Abney says.
U.S. economic growth will defy expectations again in 2019 thanks to a business investment boom and President Donald Trump's trade strategy, White House economic advisor Kevin Hassett said Wednesday.
The banking and transportation sectors in particular have been impacted by stalemates in Great Britain's divorce from the European Union and U.S.-China trade tensions.
A Chinese court ordered a ban on most iPhone sales in the country as part of two preliminary injunctions.
"We're seeing early signs of maybe some slowdown in hiring as a forward indicator" after a year of healthy growth, Citi analyst Mark May says.
Wall Street is testing the day-after-Thanksgiving lows, says the UBS director of floor operations at the NYSE.
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