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Fatter Paychecks Set to Perk Up U.S. Growth as Consumer Rebounds

Bloomberg - ‎1 hour ago‎

Weak consumer spending slowed the U.S. expansion to a crawl in the first quarter, a setback economists view as temporary as wage gains buttress household confidence.

RelatedGross domestic product »United States of America »

The latest bad economic news isn't Trump's fault, but he has made it his problemWashington Post

US first-quarter growth weakest in three years as consumer spending faltersReuters

In Depth:UK GDP growth slower than expected as inflation bitesThe Guardian

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Trump Orders Easing Safety Rules Implemented After Gulf Oil Spill

New York Times - ‎1 hour ago‎

A Royal Dutch Shell drilling rig Kulluk aground off a small island near Kodiak Island in 2013. The Obama administration banned offshore drilling off some portions of the Atlantic and Alaskan coasts.

Motley Fool

Apple Has Stopped Paying Qualcomm Royalties Altogether

Motley Fool - ‎15 minutes ago‎

The mobile chip giant's legal battle with Apple (NASDAQ:AAPL) continues to dominate the narrative -- and conference calls. When Qualcomm announced fiscal second-quarter earnings earlier this month and issued guidance for the third quarter, it noted ...


United CEO: 'Many more' policy changes 'in the works'

USA TODAY - ‎47 minutes ago‎

United Airlines just announced 10 changes to its customer service policies on Thursday. And that's just the beginning, according to United CEO Oscar Munoz.


This is 'as good as it gets,' says Pacific Crest as it downgrades Amazon

MarketWatch - ‎2 hours ago‎

Shares of Inc. were poised to notch a fresh record on Friday, after another blockbuster earnings report, but one analyst firm has popped above the bullish parapet with a downgrade and a warning.

Amazon's Jeff Bezos Just Got Closer to Becoming the World's Richest Person - ‎1 hour ago‎

After the close on Thursday, the e-commerce and cloud giant extended its 20-year streak of double-digit revenue growth and reported stronger-than-expected first quarter earnings.

Washington Post

House GOP working with White House on tax plan — for now

Washington Post - ‎4 hours ago‎

A day after the White House released broad principles for a tax overhaul, top House Republicans said Thursday they intend to work with the Trump administration on a single plan rather than forge ahead on their own.


Big Oil Is Back: Exxon, Chevron Triumph in Crude Resurgence

Bloomberg - ‎3 hours ago‎

Exxon Mobil Corp. and Chevron Corp. easily swept aside analyst estimates as the battered giants of the U.S. oil industry shook off two-and-a-half years of low oil prices and reported surging profits in the first quarter.


Anthem Loses Appeal to Overturn U.S. Block of Cigna Takeover

Bloomberg - ‎3 hours ago‎

Anthem Inc. failed to overturn a court ruling that blocked its planned takeover of rival Cigna Corp., capping a nearly two-year battle to complete a combination of two of the biggest health insurers in the U.S.. The federal appeals panel in Washington ...

Alphabet's Strong Q1 Results Show It's 'Firing on All Cylinders': What Wall Street's Saying - ‎4 hours ago‎

If there was any question that Alphabet (GOOGL) intends to own the mobile advertising market, the internet giant silenced any doubters in its fiscal first-quarter results reported after Thursday's closing bell.


Cloudera shares rise about 25% as another tech IPO hits the market

CNBC - ‎2 hours ago‎

The stock started trading on the New York Stock Exchange on Friday under the ticker "CLDR." Shares rose to $18 a share as the stock opened around 10.

The Hill (blog)

Time for the FCC to stop regulating the net like it's 1934

The Hill (blog) - ‎3 hours ago‎

This stanza from Weird Al Yankovic's “Amish Paradise” is particularly relevant to the so-called net neutrality debate as both the song and the laws on which net neutrality are based look back to bygone eras present in this modern age.

Fox Business

Trump's First 100 Days Gets an 'A' from Wall Street, 'B' from Main

Fox Business - ‎1 hour ago‎

The billionaire businessman-turned-politician's surprise win in November sent the markets sharply higher in the final two months of 2016, and investors have since tried to assess exactly what Trump's presidency will mean for the U.S.

The Independent

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European Bank Trading Slump Worsens; U.S. Rivals Gain Share

Bloomberg - ‎1 hour ago‎

The gap between the biggest European banks and their U.S. rivals is widening even faster than expected. The most important market news of the day.

FTSE in biggest one-month fall since NovemberNasdaq

Related:Barclays »Jes Staley »United Kingdom »




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