Business

Business

Markets wrap: Haven assets in demand as forceful Trump sworn in

(c) 2017, Bloomberg. (Bloomberg) -- Investors shifted into haven assets after Donald Trump was sworn in as the nation’s 45th president, with Treasuries rising with gold following a fiery inauguration speech that promised to upend the political establishment. The S&P 500 index’s advance was cut by...


Business

Treasuries pare weekly declines After Trump inauguration

(c) 2017, Bloomberg. (Bloomberg) -- Treasuries were mixed in late trading Friday after erasing declines that pushed the benchmark 10-year note’s yield above 2.50 percent for the first time since Jan. 3. It traded as high as 2.511 percent in the hour before the U.S. presidential inauguration and...


Business

Stocks edge higher, snapping a 5-day losing streak for Dow

Financial Markets Wall Street

Materials companies led U.S. stocks modestly higher Friday, recouping much of the market’s loss from a day earlier and snapping a 5-day losing streak for the Dow Jones industrial average. Another crop of encouraging company earnings news helped lift the market, but investors were mostly focused on...


Business

Financial Markets Glance

Dow Jones Industrials High: 19,843.94 Low: 19,759.14 Close: 19,827.25 Change: +94.85 Other Indexes Standard&Poors 500 Index: 2271.31 +7.62 NYSE Index: 11,192.79 +43.94 Nasdaq Composite Index: 5555.33 +15.25 NYSE MKT Composite: 2359.42 +11.45 Russell 2000 Index: 1351.85 +6.11 Wilshire 5000 TotalMkt:...


Business

BC-ID--Intermountain Grain & Livestock, ID

POCATELLO, Idaho (AP) — Idaho Farm Bureau Intermountain Grain and Livestock Report Friday, January 20, 2017. Bids subject to change. BLACKFOOT __ soft white 3.60, up 5; hard red winter 4.10, steady; DNS 5.20, down 5; hard white 4.20, steady; BURLEY __ soft white 3.55, up 6; hard red winter 3.43,...


Business

Correction: Davos-The Latest story

DAVOS, Switzerland (AP) — In a story Jan. 19 about the World Economic Forum, The Associated Press reported erroneously that WTO director-general Roberto Azevedo said Britain would leave the trade body once it exits the European Union. In fact, he said it would have to renegotiate its obligations...


Business

China's growth in 2016 slumps as Trump trade struggle looms

China Economy

BEIJING (AP) — China’s economic growth sank to a three-decade low in 2016 as its struggling exporters brace for a possible trade battle with President-elect Donald Trump. Growth in the quarter ending in December ticked up to 6.8 percent over 2015, supported by government spending and a real estate...


Business

China's growth edges up but 2016 weakest year since 1990

China Economy

BEIJING (AP) — China’s economic growth ticked up in the final quarter of 2016 but its full-year performance was the weakest in three decades as it heads into a potential trade battle with U.S. President-elect Donald Trump. Trump, who takes office Friday, has promised to hike duties on Chinese goods,...


Business

US rig count jumps 35 this week to 694; Texas up 17

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. leaped by 35 this week to 694. A year ago, 637 rigs were active. Houston oilfield services company Baker Hughes Inc. said Friday that 551 rigs sought oil and 142 explored for natural gas this week. One was listed as...


Business

Marriott, near to reaping $62 million in subsidies, chooses suburban D.C. site

(c) 2017, The Washington Post. WASHINGTON - Marriott International is still pressing to secure up to $62 million in state and county incentives for a new headquarters, and now the firm knows where it would like to spend it. The $33.1 billion company announced Friday that it had signed a letter of...


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