UK Prime Minister Theresa May moved on Friday to bolster her precarious position after ministerial resignations over Brexit and the continuing threat of a no confidence vote.
Commodity prices were resurgent at the end of the week as natural gas futures bounced back from the sharp losses endured during the prior session.
Wall Street's main market gauges flickered into life on Friday afternoon in New York, reversing early losses and moving into the green, on the heels of upbeat remarks from the US President regarding the chances of his administration being able to strike a trade deal with Beijing.
The US central bank's second-in-command noted recent volatility in stock markets, but continued to defend the need for gradual rate hikes.
US industrial production edged higher last month on the back of sharp increases in the output of business equipment and construction.
Outgoing European Central Bank President, Mario Draghi, sounded a confident note on the outlook for the euro area economy, describing a recent slowdown as a 'soft patch', but said policymakers needed to be "patient and persistent" in providing monetary stimulus.
Walmart has been targeted by a new bill that would prevent large companies from completing stock buy-backs unless their employees are paid at least $15 an hour, which was introduced by senator Bernie Sanders.
North Korea leader Kim Jong-Un inspected a new “tactical” weapon for the first time in nearly a year this week, reported the country’s state media on Friday.
The US imposed economic sanctions on 17 Saudi Arabian officials late on Thursday after the killing of journalist Jamal Khashoggi last month.
UK Prime Minister Theresa May vowed to push through her Brexit after a day of turmoil that saw two Cabinet ministers quit and MPs openly talking of a no-confidence vote.
Cryptocurrencies were adding to their Wednesday plunge with the best-known of them, Bitcoin, down 12. 61% to $5,428.
US jobless claims edged only slightly higher last week, but some economists believed there were signs in the data that, at least for now, momentum in the jobs market might be topping out.
US retail sales grew more quickly than expected last month, boosted by sales of motor vehicles, building materials and at gasoline stations.
Manufacturing conditions in the Philadelphia region deteriorated more than expected in November, according to a survey released on Thursday.
Stocks across the Continent are trading slightly lower as investors digest the ongoing political convulsions in London, even as they keep a wary eye on the Italian government's antics with Brussels over its 2019 budget.
The Federal Reserve needs to calibrate how much it needs to further tighten monetary policy and at what pace, central bank chairman, Jerome Powell, said ovenright.
New research has found informed traders and investors’ information asymmetry could be driving huge price changes in cryptocurrencies.
A report from a US congressional commission recommends that Washington fund infrastructure in developing nations in order to counter Chinese financing deals.
Inflation in the US accelerated as expected last month, pushed higher by increased energy costs, but underlying price pressures were more modest than economists had anticipated.
Prime Minister Theresa May faces a cabinet showdown on Wednesday when she will ask ministers to sign off a Brexit deal struck with the EU, despite strident opposition to the terms from Brexiters and in Northern Ireland.