Wall Street hits record high for third day in a row
Wall Street's major indexes hit record highs for the third day in a row on Friday as the post-election rally got a lift from healthcare and technology stocks.
BRUSSELS Britain is prepared to block any European Union budget deal that it deems unacceptable and against its national interests, Prime Minister David Cameron said on Friday ahead of budget negotiations next month.
"I think it would be good to have a deal, it's good to settle these issues, but it just would not be acceptable to see some huge increase in EU spending at a time when other budgets are being cut," he told a news conference in Brussels.
"So the British public expects a tough approach, a rigorous approach and that's exactly what they'll get, and if we can't get a deal .... if there isn't a deal that's good for Britain, if there isn't a deal that's available, then there won't be a deal."
(Reporting by Peter Griffiths; Editing by Mohammed Abbas)
WASHINGTON/NEW YORK U.S. President-elect Donald Trump has asked senior Goldman Sachs banker Gary Cohn to coordinate economic policy across his administration, turning to Wall Street for expertise in managing the world's largest economy, NBC News reported on Friday.
WASHINGTON, U.S. wholesale inventories fell as previously reported in October amid a surge in sales, supporting views that inventory investment would provide a modest boost to economic growth in the fourth quarter.