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Optimism About Trade Leads To Rally On Wall Street - U.S. Commentary

Extending the upward trend seen over the past several sessions, stocks moved sharply higher during the trading day on Friday. With the continued advance, the major averages reached their best closing

Trump To Hold Second Summit With Kim Jong Un In Late February

President Donald Trump will hold a second summit with North Korean leader Kim Jong Un in late February, the White House announced on Friday. White House Press Secretary Sarah Sanders indicated the

Stocks Seeing Further Upside Amid Optimism About Trade - U.S. Commentary

After moving notably higher early in the session, stocks have seen further upside over the course of the trading day on Friday. With the upward move, the major averages are adding to the gains posted

Stocks Extending Advance On Positive Reports On Trade - U.S. Commentary

Stocks have moved notably higher in morning trading on Friday, extending the upward trend seen over the past several sessions. With the continued advance, the major averages have reached their best

U.S. Consumer Sentiment Plunges To Lowest Level Since Trump's Election

Consumer sentiment in the U.S. has seen a substantial deterioration in the month of January, according to a report released by the University of Michigan on Friday. The preliminary report said the

Ford To Make All-electric Version Of F-150 Pickup Truck

Ford Motor Co. plans to launch an all-electric plugin version of its popular F-150 pickup truck. The announcement was made by Jim Farley, Ford's president of Global Markets, during a presentation at

U.S. Industrial Production Rises Slightly More Than Expected In December

With jumps in manufacturing and mining output more than offsetting a sharp pullback in utilities output, the Federal Reserve released a report on Friday showing industrial production in the U.S.

Bitcoin Consolidates Into $3,500-$3,700 Range

Another week is coming to end in cryptocurrency market, during which Bitcoin has been consolidating into a trading range of $3,500 to $3,700 after a big drop in value in the previous week.The world's

BitPay Says Over $1 Billion In Payments Processed In 2018

Bitcoin payment processor BitPay said over $1 billion in payments was processed on the platform in 2018. It also added customers like Dish Networks, HackerOne, and the State of Ohio during the year.

UK Retail Sales Fall Worst Since May 2017

UK retail sales decreased in December at the fastest pace in over one-and-a-half years, suggesting that households have started to rein in their spending ahead of Brexit. The seasonally adjusted

Stocks May Continue To Benefit From Optimism About Trade - U.S. Commentary

After moving mostly higher over the three previous sessions, stocks are likely to see some further upside in early trading on Friday. The major index futures are currently pointing to a higher open

South Africa Considering Regulatory Framework For Crypto Assets

South African financial regulators are considering a regulatory framework for cryptocurrencies such as Bitcoin. This was revealed in a document titled "Consultation Paper on Policy Proposals for

Wall Street Might Open Higher

The government shut down continues to be a concern for the investors. Fed Industrial Production data will be the focus today. Asian shares finished positive, while European shares are gaining.

Bitcoin For Sale At Grocery Stores In U.S. Select Cities

Now, you can buy Bitcoin over the counter. This facility is introduced to customers by ATM company Coinme in partnership with coins-to-cash converter Coinstar in select U.S. cities. At launch,

European Shares Surge On Trade Optimism

European stocks rose on Friday and hit their highest level since early December as investors cheered a solid start to the U.S. corporate earnings season as well as signs of progress in U.S.-China

UPS Invests In, Partners With Blockchain B2B Company Inxeption

Logistics giant UPS' investment arm Strategic Enterprise fund made an equity investment in blockchain-for-business company Inxeption Corp. In a statement, Inxeption, an industrial-strength eCommerce

Tech Startup Blockspring Team Joins Coinbase

Blockspring, an application program interface or API data management company, announced that its team is joining major cryptocurrency exchange and wallet provider Coinbase. In a blog post, the San

European Shares Seen Up As US-China Trade Tensions Ease

European stocks may open higher on Friday as hopes for a thaw in the U.S. China trade conflict helped improve investors' appetite for riskier assets.

FDA Turns Down IMMU's Breast Cancer Drug, ZYME/LLY Deal Progresses, ZFGN Abuzz

Today's Daily Dose brings you news about FDA thumbs down on Immunomedics' breast cancer drug; FDA panel vote on Sanofi/Lexicon's diabetes drug; progress in Zymeworks/ Lilly collaboration; and

Asian Markets In Positive Territory On Trade Optimism

Asian stock markets, led by Japan, are in positive territory on Friday amid optimism that U.S.-China trade tensions may ease after the Wall Street Journal said the U.S. is considering lifting tariffs