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Updated: 3 min 59 sec ago
Alphabet Inc. signaled more restraint on spending, in its first quarterly regulatory filing as the restructured Google.
Herbalife threw a jab at Bill Ackman as the hedge fund manager and Valeant Pharmaceuticals investor mounted a defense of the drug company.
The Chinese yuan recorded its largest one-day gain against the dollar in 10 years on Friday on rumors the government will soon take another step toward opening its capital account.
Consumer sentiment rose in October, though not as much as a preliminary figure suggested, according to the latest University of Michigan report.
A closely-watched gauge of consumer sentiment from the University of Michigan dropped to 90 in October from a preliminary reading of 92.1. Wall Street expected a gain to 92.5 for the month.
Business activity across the Midwest snapped back in October and rose to its best level since January after contracting last month, according to a report released Friday.
U.S. stocks opened slightly higher on Friday, but steady gains over the week meant the indexes are on track for a fifth straight weekly gain.
Herbalife Ltd. issued a scathing statement on hedge fund manager and shareholder activist Bill Ackman Friday.
Honeywell International Inc. said on Friday it was raising its annual dividend by 15% to $2.38 a share.
Chevron Corp. on Friday said it could cut 6,000 to 7,000 jobs and pare its capital spending by 25% next year, as profit tumbled in its third quarter.
Exxon Mobil Corp. said revenue and profit slid in its third quarter as commodity prices tumbled, but results came in above Wall Street expectations as the largest U.S. oil company cut back on spending.
Consumers increased spending in September at the slowest pace since January, suggesting slowing global growth could introduce cautious spending in the U.S.
Richmond Fed President Jeffrey Lacker said he favored raising interest rates at the Fed's policy meeting earlier this week because steady growth in the economy has helped labor markets to tighten "considerably."