News

(Bloomberg) -- In a week in which US inflation data accelerated, Donald Trump threatened some of America’s closest neighbors with aggressive tariffs, and half of Wall Street was on vacation, the S&P 500 still comfortably beat benchmark stock gauges for both Europe and Asia. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasGet used to it, say market pr

(Reuters) -The S&P 500 and Dow Jones Industrial Average notched record closing highs in a shortened Black Friday session, lifted by technology stocks such as Nvidia, while retail was in focus as the holiday shopping season kicked off. Information technology stocks helped boost the benchmark S&P 500 and blue-chip Dow, which was also aided by industrial stocks. Nvidia gained 2%, while Tesla rose 3.7%.

Production of the first three vehicles is set to begin in 2026, with operations starting between mid-2027 and mid-2028.

U.S. equities headed to Friday's early close—and the conclusion of November trading—in positive territory as the post-election market optimism continued.

Unusual Machines shares soared for a second straight session on word that Donald Trump Jr. was joining the drone parts maker's advisory board.

(Bloomberg) -- The European Central Bank won’t act to address government-bond-market fluctuations that stem from political risks, according to Governing Council member Joachim Nagel. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasAsked about the spike in French borrowing costs related to uncertainty over next year’s budget, the Bundesbank president

DevvStream Corp. (NASDAQ:DEVS) announced an agreement to acquire all renewable and carbon assets from the Medellin Solar Power Facility in the form of international renewable energy certificates (I-RECs). The Medellin Solar Power Facility, with a 730 MWp capacity, is part of the “2030 Smart City” plan in Cebu, Philippines. Developed by Sogod Energy Inc., it will generate 1.2 million I-RECs annually from 1.219 million MWh of energy. I-RECs certify 1 MWh of renewable energy generated and injected

Applied Therapeutics' New Drug Application for a rare metabolic disease was rejected by the Food and Drug Administration, causing its shares to crater Friday.

The coming week will give investors a fresh view into the health of the U.S. economy with the release of a closely watched employment report that could help determine the trajectory of interest rates in the months ahead. Part of that performance has been fueled by expectations that the Federal Reserve will continue cutting interest rates into next year, after reducing borrowing costs by 75 basis points in 2024. But uncertainty over the Fed’s rate trajectory has increased in recent months as a spate of robust economic data - including a blowout jobs report for September - stirs concerns that inflation could rebound if the central bank lowers rates too far, undoing two years of progress in tamping down prices.

What will be open (or closed) after the Thanksgiving holiday? Here’s what to expect.