Market Pulse - Usa
US open: Stocks dip ahead of House vote on tax cuts
Wall Street's main market gauges are trading slightly lower as investors wait on a vote on Republicans' tax cut plans in the US House of Representatives scheduled for later in the day.
World Bank nudges China 2017 GDP growth forecast a tad higher
The World Bank expects the Chinese economy to cool further over the short-term but said the Asian giant was making progress on re-balancing.
US housing starts jump past forecasts in November
The US housing market continued to be in good shape last month, amid a surge in construction of single-family homes.
Boeing and Bombardier trade dispute intensifies
Aeronautical giants Bombardier and Boeing went to toe-to-toe on Monday as the two traded blows in front of the US International Trade Commission (ITC) in the most recent round of their feud amid claims by both that the other has benefited from massive subsidies.
US close: Wall Street breaks new records amid tax reform hunger
Wall Street's main market gauges pushed further into record territory on Monday investors grew increasingly hopeful that the US tax reform bill will be passed this week.
US open: Dow Industrials set for 70th record close of 2017
Wall Street's main market gauges are pushing further into record territory as investors grew increasingly hopeful that the US tax reform bill will be passed this week.
Trump to drop climate change from US National Security Strategy
US president Donald Trump will give a speech on Monday where he will outline the country's new approach towards national security, including the omission of climate change and its effects as a key threat.
CME launches Bitcoin futures amid calls for tighter regulation
CME, the largest exchange provider in the world, launched its Bitcoin futures market on Sunday evening to compete with rival Cboe which did so a week earlier, with initial predictions from investors signalling the cryptocurrency could hit a high of $20,865 by January.
US open: Stocks jump as Republicans move to secure passage of tax cuts
Wall Street is heading higher again on Friday amid news that Republicans were tweaking their proposed tax cuts in order to secure prompt passage of the US tax bill.
Airbus chief executive to step down in board shake-up
The chief executive of French planemaker Airbus will step down from his position in 2019 as the company announced a major shake-up of its management team.
Luxembourg appeals EU ruling for Amazon to collect €250m in unpaid taxes
Luxembourg is mounting a challenge to an EU ruling which ordered it to collect €250m in unpaid taxes from US tech giant Amazon.
Empire State index dips in December, as expected
A widely-followed gauge of factory sector conditions in the jurisdiction of the Federal Reserve Bank of New York dipped in December, just as expected by economists.
US close: Markets lower, Dow breaks winning streak
Wall Street’s main indices gave up earlier gains to close lower on Thursday, as healthcare, materials and telecoms stocks dragged investor sentiment down late in the session.
US close: Stocks end on mixed note, despite Fed and tax cuts
Stocks finished on a mixed note after two rate-setters dissented from the Federal Reserve's widely-expected decision to hike rates.
FOMC hikes rates, but Evans and Kashkari dissent
The US central bank went ahead with its third rate hike of 2018, as expected, but two rate-setters dissented, voting instead for no change.
Disney close to sealing $60bn deal for Fox and Sky stake - reports
Walt Disney is reportedly set to secure a $60bn deal to buy 21st Century Fox’s entertainment assets, including its 39% stake in UK broadcaster Sky.
US open: Stocks rise ahead of Fed rate decision
Stocks are trading higher ahead of the US central bank's policy announcement later in the day, bolstered by a weaker than expected reading on consumer prices.
Gasoline stockpiles build alongside increased domestic output
US crude oil inventories shrank more quickly than expected last week, albeit a large increase in domestic output and an offsetting large build in gasoline stockpiles.
US core CPI falls short of forecasts in November
Consumer prices in the US confounded economists again last month as core inflation fell short of their forecasts, weighed down by a sharp drop in apparel costs.
Tech firms to be liable for extremist, abusive content on their platforms.
Theresa May has said that that the government will force tech firms such as Facebook and Twitter to remove extremist content from their platforms quickly or face fines.