Wall St. ends higher even as government shutdown looms
(Reuters) - Wall Street rose on Friday, led by gains in consumer stocks, even as a possible government shutdown loomed.
Fed's Quarles details steps to ease rules from Volcker to stress tests
WASHINGTON (Reuters) - A top bank regulator at the U.S. Federal Reserve is planning several imminent changes that Wall Street has wanted involving capital rules, proprietary trading and a process known as "living wills" that aims to prevent taxpayer bailouts.
Exclusive: Trump's coal job push stumbles in most states - data
WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters.
Weaker dollar adds to optimism over U.S. earnings
NEW YORK (Reuters) - The dollar's drop to three-year lows this week after prolonged weakness in 2017 is expected to further boost profits at big U.S. companies when investor optimism is already high over corporate tax cuts.
Fed's Williams says three rate hikes 'good starting point'
SAN FRANCISCO (Reuters) - The Federal Reserve should continue to raise rates at a gradual pace during 2018, San Francisco Federal Reserve Bank President John Williams said on Friday, saying he expects the recent tax cuts and other tailwinds to boost economic growth this year.
Trump to tout U.S. economy, urge fair trade at elite Davos forum
WASHINGTON (Reuters) - U.S. President Donald Trump will be entering something of a lion's den when he visits the elitist enclave of Davos next week, rubbing shoulders with the same "globalists" that he campaigned against in winning the 2016 election.
Fed's Williams says pick of Fed Vice Chair up to Trump
SAN FRANCISCO (Reuters) - San Francisco Federal Reserve President John Williams on Friday did not comment on reports Thursday that he is under consideration by the White House to be the Fed Board's No. 2, succeeding Stanley Fischer who resigned late last year.
Equities climb amid shutdown threat, Treasury yields hit 3-year high
NEW YORK (Reuters) - World equity markets climbed to a record on Friday as the U.S. dollar languished near three-year lows and a U.S. government shutdown loomed, while U.S. Treasury yields continued their steady rise to hit their highest levels since September 2014.
Mexico's energy opening faces test in deepwater oil auction
MEXICO CITY (Reuters) - An auction of deepwater oil and gas fields in Mexico this month may prove the last major opportunity for President Enrique Pena Nieto's government to capitalize on its opening of the energy sector, the central plank of its economic agenda.
Take Five: World markets themes for the week ahead
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.