The S&P 500 and Nasdaq closed in record territory on Friday with slight gains following news that the U.S. and China have agreed on Phase One of a trade deal.
The Dow Jones barely missed a record close as well but still ended up in positive territory at 28,135.38.
Share:
More In Business
Apple Unveils New Security Feature
Apple announced that it's releasing an iPhone security update to prevent attackers from acquiring users' private passcodes.
Stretching Your Dollar: What You Need to Know About Negotiating
As the new year approaches, many people are looking to find a job with a higher salary or are planning to ask their current boss for a raise. Taliya Bashani, real estate attorney and negotiation expert, joined Cheddar News to provide tips on how to properly and better negotiate better financial terms.
Meta to Test Allowing Threads Content On Other Platforms
Meta says it will start testing a program that would allow posts from Threads to appear on other social media sites.
Report: Healthcare Companies Sign On to White House AI Risk Plan
Several healthcare companies are reportedly joining President Biden's artificial intelligence risk management plan.
White House to Impose Inflation Penalties Against Drugmakers
The Biden administration says it will impose inflation penalties on dozens of drug makers to lower costs for those on Medicare.
The Battle of Fast Fashion: Temu vs. Shein
Two of the top low-cost online retailers are going head to head in a new legal battle. Cheddar News' Michelle Castillo breaks the lawsuit down.
U.S. Applications for Jobless Benefits Fall Again as Labor Market Continues to Thrive
The number of Americans filing for jobless benefits fell last week as the labor market continues to thrive despite high interest rates and elevated costs.
Mickey Mouse Will Soon Belong to You and Me — With Some Caveats
The earliest version of Disney's Mickey Mouse will become public domain on Jan. 1, 2024.
'Cookeez Makery' Toy Oven in High Demand
The toy magic oven called the Cookeez Makery is one of the hottest toys for kids this holiday season.
