The stock market shattered yet another milestone Wednesday, with the Dow Jones Industrial Average reaching 22,000 points for the first time. The 131-year-old index received a 50-point boost from Apple, whose shares saw a 6 percent hike after Tuesday’s strong earnings report. “Stock Market could hit all-time high (again) 22,000 today,” President Donald Trump had […]
Tag: markets
US Will Give $50 Million To World Bank To Help Women Entrepreneurship
HAMBURG, Germany – President Donald Trump said Saturday the U.S. would contribute $50 million to a new World Bank fund conceived by his daughter that aims to help women entrepreneurs access capital and other support. Ivanka Trump joined World Bank Group President Jim Yong Kim on the sidelines of the Group of 20 world leaders’ […]
Stock Market Looks To Be Strong In Second Half Of Year
The first half of the year comes to a close Friday, and it certainly has been a strong period for stocks. Year-to-date gains through Thursday: the Dow was up 7.7 percent, the S&P 500 is up 8 percent and the standout Nasdaq has soared over 14 percent. Over the past two decades, stocks have generally […]
Amazon To Pay $13.7B To Acquire Whole Foods
Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, a bombshell of a deal that catapults the e-commerce giant into hundreds of physical stores and fulfills a long-held goal of selling more groceries. Amazon agreed to pay $42 a share in cash for the organic-food chain, including debt, a roughly 27 percent premium to the […]
Trump Grants Pipeline Permits Without All Promised Guidelines
Trump Says Keystone XL Approval Is a ‘Great Day for Jobs’ President Donald Trump vowed to win a “better deal” for Americans before approving the Keystone XL and the Dakota Access oil pipelines, promising to extract concessions and force the builders to use U.S. steel. Now his administration has authorized both projects — with those conditions […]