Today's Top Story
Walmart and Cisco results, trade optimism lift Wall Street
(Reuters) - U.S. stocks rose in a broad-based rally on Thursday, helped by robust earnings from Walmart and Cisco and easing trade worries after China and the United States said they would hold talks later this month. Read More
Business News
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Tesla on track to make 8,000 Model 3s per week, Evercore says
(Reuters) - Tesla Inc
is on its way to make 8,000 Model 3 cars per week even as it burns more cash, Evercore analysts wrote in a note on Thursday, following their visit to the electric-car maker's California facility. -
Walmart's second quarter sales rise most in decade, shares soar
NEW YORK (Reuters) - Walmart Inc
reported quarterly earnings and sales that topped estimates on Thursday, driven by strong grocery sales and a revamped website that boosted online purchases, and the company's shares soared over 10 percent in early trade. -
Exclusive: Amazon considering UK insurance comparison site - sources
LONDON (Reuters) - Amazon.com Inc
is sounding out some of Europe's top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region's financial services. - More Business News»
Economic News
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Wall St. gains on upbeat earnings, trade talk optimism
(Reuters) - U.S. stock indexes rose on Thursday, helped by a string of robust earnings reports, a dip in the dollar and after China said it will hold talks with the United States later this month.
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U.S. housing starts miss expectations; weekly jobless claims fall
WASHINGTON (Reuters) - U.S. homebuilding rebounded less than expected from a nine-month low in July, suggesting the housing market was likely to tread water for the rest of this year against the backdrop of rising mortgage rates.
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China, U.S. to hold lower-level trade talks in late August
BEIJING (Reuters) - China will hold a fresh round of trade talks with the United States in Washington later this month, Beijing said on Thursday, offering a glimmer of hope for progress in resolving a conflict that has set world financial markets on edge.
- More Economic News»
Money News
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Retirement success: focus on the paycheck, not a savings number
CHICAGO (Reuters) - Steve Vernon is an expert on numbers - but please do not ask him for your ânumberâ - that is, the amount you need to save to insure a successful retirement.
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U.S. banks teach financial literacy with hands-on experience
NEW YORK (Reuters) - Last year, Abbey Jonesâ high school routine had a twist. For 45 minutes each week, she became one of 15 student tellers at the Community Spirit Bank branch at Red Bay High School in Red Bay, Alabama.
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Why Americans are more cautious about the cost of college
CHICAGO - Since he was in fourth grade, Dennis Nolteâs stepson Jacob has been tacking Massachusetts Institute of Technology posters to his bedroom wall and dreaming of attending some day.
- More Money News»
