NEW YORK - Wall Street opened higher on Friday, setting major stock indexes up for a fifth week of gains, after China's central bank cut its benchmark interest rate for the first time in more than two years to boost its cooling economy.
Recent Business News
NEW YORK - Aereo Inc, the video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection.
- Mergers and acquisition deals announced so far this year have topped $3 trillion, the highest since 2007, helped by mega deals in the healthcare, energy and power sectors.
This holiday shopping season, how much is too much, and how early is too early?