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Wall Street slips from records after jobs data, but posts weekly gains
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks fell on Friday from record-high levels as investors took profit and data showed slower-than-expected December U.S. jobs growth, but the major indexes posted gains for the week. Domestic jobs increased by 145,000 last month, below the forecast for a 164,000 rise, the U.S. government data showed, […]
US elections: Progressive Democrats Tlaib and Bush win primaries
Cori Bush, a Black Lives Matter activist, and Rashida Tlaib, member of the new progressive ‘Squad’ in the US House, win. Progressive Democratic candidates for the House of Representatives scored victories in primary elections in the United States on Tuesday. Cori Bush, a Black Lives Matter activist, defeated longtime member of the Democratic establishment, US […]
U.S. manufacturing output rises unexpectedly
WASHINGTON, (Reuters) – U.S. manufacturing output rose unexpectedly in December as a drop in motor vehicle output was outpaced by increases in production of other durable goods, food and beverages, and other products. The Federal Reserve said on Friday that manufacturing production rose 0.2% last month after a downwardly revised 1.0% increase in November. Overall […]