| | U.S. tax plan hopes lift stocks, dollar strengthens | | NEW YORK (Reuters) - World stocks advanced, bond yields rose and the U.S. dollar strengthened on Friday on increased hopes President Donald Trump could make progress on his fiscal plans after the U.S. Senate approved a budget blueprint that paves the way for tax cuts. |
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| | Fed's Mester calls for balance on bank regulation rethink | | NEW YORK (Reuters) - Cleveland Federal Reserve Bank President Loretta Mester on Friday laid out a set of guiding principles by which to approach changes to U.S. banking regulations, emphasizing the need to tailor rules to risk, to boost cooperation across borders, and to aim for simplicity but not over-simplification. |
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Fed's Mester says comfortable with gradual rate hike path | | NEW YORK (Reuters) - Cleveland Federal Reserve Bank President Loretta Mester on Friday said she is comfortable with the Fed's approach to raising rates gradually, though she herself sees a slightly faster rate-hike path as appropriate. |
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| | Wall Street rises along with tax-cut hopes | | NEW YORK (Reuters) - U.S. stocks rose on Friday after the Senate passed a budget resolution, lifting hopes that President Donald Trump's tax-cut plan may move forward. |
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| | Bitcoin soars to record high above $6,000 | | NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies. |
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| | Nestle CEO praised by Third Point but hedge fund still wants more | | LONDON/BOSTON (Reuters) - Nine months into leading the world's biggest packaged food company, Nestle SA Chief Executive Mark Schneider got a tentative thumbs-up from a prominent investor, who praised his early steps on Friday but said there was more work to be done. |
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| | Whole Foods says hacking incident resolved | | (Reuters) - Amazon.com Inc's Whole Foods Market said on Friday it had replaced affected point-of-sale systems at venues located within some stores where payment card information had been stolen. |
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