Virgin America airline brand set to be retired in 2019
United States set to approve Keystone XL pipeline on Friday
Why the S&P 500, NASDAQ, and Dow Fell to 5-Week Lows
Meals on Wheels receives massive donations following proposed budget cut
McDonald's apologizes for hacked tweet slamming Trump
U.S. dollar, bond yields rise after Trump promises tax plan
11 February 2017, 12:41 | Chelsea Hernandez
Trump says he is releasing something 'phenomenal in terms of tax' in the next 2 to 3 weeks
The president on Thursday, in a meeting with airline and airport executives, said that lowering the "overall tax burden on American business is big league".
The Dow Jones Industrial Average was up 0.3% to 20,231.98, the S&P 500 gained 0.23% to 2,313.09 and the Nasdaq was 0.17% higher to 5,724.65 at 1517 GMT.
"The dollar also appeared to get a bit of a Trump-boost this afternoon, taking 0.2 per cemt off the pound, euro and yen, though its gains were capped somewhat by the sharper than expected fall in USA consumer confidence". Prior to the announcement, investors had been anxiously awaiting Trump's economic action plan following a campaign filled with lofty promises about boosting the economy.
Mr Trump has helped provide a huge rally in global stcoks since he won elections in November, as investors expect higher government spending and tax cuts for businesses.
The overall energy group gained 2 per cent, while US crude prices were up 1.1 percent at $52.93 a barrel after an unexpected draw in USA gasoline inventories pointed to higher demand in the world's biggest oil market.
The dollar had gained more than 5 percent against a basket of major currencies in the six weeks after Trump's election but has given back some of those gains as he has focused more on trade and immigration than fiscal stimulus.
"We're going to change all of that, folks, so you're going to be so happy with Trump", he said. Export prices rose 0.1 percent last month, in line with estimates. The data showing rising USA wholesale inventories and an unexpectedly low number of Americans filing for unemployment benefits also pushed up the dollar and US bond yields.
Apple hires Amazon Fire TV boss to head up Apple TV division
Apple TV has been hampered by its relatively high price and lack of support for Amazon Video and Spotify, the researcher said. However, the tech bellwether has been witnessing a drop in sales on a year-over-year basis after the 2015 December quarter.
Damnit, Grayson Allen Was Phenomenal Tonight
The North Carolina roster is full of talented and experienced players coming off a national championship appearance a year ago . Duke will need Allen to excel as a scorer as well as a playmaker and Jackson to facilitate in order to win over the Tar Heels.
Eight of the 11 major S&P 500 sectors were higher, with energy's.SPNY 1 percent rise leading the gainers. Equity markets in Hong Kong and mainland China also finished higher.
U.S. Treasury yields rose on Thursday as optimism wrapped markets following comments from President Donald Trump that he would reveal plans for U.S. tax reform in the coming weeks.
US stock indexes extended their climb into record heights early Friday, powered by rising energy prices.
Overseas, European stocks traded along the flatline, with the pan-European Stoxx 600 index trading around 0.06 percent higher.
The MSCI's world index, which tracks shares in 46 countries, rose after evidence of Chinese growth lifted shares in Asia and Europe.
Benchmark Brent crude was up 54 cents a barrel, or 0.98 percent, at $55.66. All three indexes hit new closing records on Thursday after the president promised he would soon cut taxes for businesses. Gold was down 0.3 percent.
Outpost bill heading for final vote in the Knesset
Saeb Erekat said, adding that "the Israeli settlement enterprise negates peace and the possibility of the two-state solution". Over 40 families were forced from their homes, putting pressure on the government to respond.
Packers release longtime RB Starks
He has never played all 16 games in a single season, and he's missed at least two contests in each of the past five years. The Green Bay Packers have released Pro Bowl cornerback Sam Shields after a season where he suffered a concussion.
About time: 9 reasons to be excited about Android Wear 2.0
Geekbench also lists the LG Watch Sport with 768 MB of RAM, which should be more than enough for smartwatch functionality. Since there is a cellular radio in the Sport you'll be able to share your mobile number across the watch and your phone.