• Canada, U.S. deal offers alternative to NAFTA, markets cheer

    18 days ago - By Reuters

    Shares rose after the U.S. and Canada agreed to a new trade pact adding to a deal Washington already made with Mexico. Laura Frykberg reports.
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  • Markets Right Now: GE leads big gains in industrial stocks

    18 days ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    9:35 a.m.
    Stocks are opening broadly higher on Wall Street, led by big gains in industrials after the U.S. reached a trade deal with Canada.
    General Electric jumped 14 percent in early trading Monday after ousting chief executive John Flannery, who was on the job about a year. GE is still down by about half over the past year.
    Tesla soared 15.7 percent after Elon Musk reached a settlement with regulators that will cost him the chairman's title but will let him remain as CEO.
    The S&P 500 rose 17 points, or 0.6 percent, to...
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  • A.M. Best Senior Industry Analyst: Surplus Lines Thrive Despite Tough Underwriting Year

    18 days ago - By A.M. Best

    David Blades, senior industry analyst, A.M. Best, said a new Best's Special Report shows surplus lines writers in the U.S. insurance market saw growth and profitability in 2017, despite a run of ...
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  • The U.S. Government Is Moving Hundreds of Migrant Children to Tent Cities in the Middle of the Night

    18 days ago - By Fortune

    A record nearly 13,000 migrant children are currently detained in shelters across the United States. But while most of them have been housed in private shelters or foster homes to date, hundreds are now being shuttled to a tent city in Tornillo, Texas.
    Around 1,600 children from across the country have been moved in recent weeks, loaded onto buses in the middle of the night that are headed toward Tornillo, reports The New York Times. They are reportedly moved in the middle of the night, with minimal warning, to offset the likelihood that they will try to escape.
    The move is reportedly...
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  • New Trade Deal Inspires Hope For Dow Jones Industrial Average

    18 days ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis kicks off the new trading week with a deep dive into the underlying technicals for the major U.S. averages.
    Economic numbers on Friday came in near forecast. Consumer Sentiment came in at 100.1, when it was forecasted at 100.5. Equities opened slightly lower, but then rose through the morning hours. The afternoon saw the major indices slide lower and by the final bell they were little changed and mixed.
    The big news on Friday was the SEC investigation into TESLA. TESLA was down nearly 14% by the close. Last week we also saw...
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  • U.S. housing market faces '5-percent' test

    18 days ago - By Reuters

    The U.S. housing market, already struggling with tight inventory and rising building costs, faces a fresh headwind as 30-year mortgage rates rise close to the 5 percent threshold for the first time in years.
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