In a positive gesture, China said on Friday that it will waive import tariffs for some soybeans and pork shipments from the United States, as the two sides try to thrash out a broader agreement to defuse their protracted trade war. The tariff waivers were based on applications by individual …

The jobs market turned in a stellar performance in November, with nonfarm payrolls surging by 266,000 and the unemployment rate falling to 3.5%, according to Labor Department numbers released Friday. Those totals easily beat the Wall Street consensus. Economists surveyed by Dow Jones had been looking for solid job growth …

Nike is sprinting higher. Shares of the footwear brand have surged 6% in the past month, one of the best performers on the Dow Jones Industrial Average. The stock also got a kick on Thursday after Goldman Sachs added it to its Conviction Buy list on confidence that strong China sales …

It certainly doesn’t pay to be an old-fashioned stock picker anymore. While savvy stock picking used to make money managers billions of dollars, the likelihood of beating passive investors these days is slimming. Investors have a 22% chance of picking a stock that will perform better than the S&P 500, …

Mark Mobius, Executive Chairman of Templeton Emerging Markets Group. Anjali Sundara | CNBC India’s central bank was wrong to keep its benchmark interest rates unchanged on Thursday, according to veteran emerging markets investor Mark Mobius. The Reserve Bank of India surprised markets by keeping its repo rate — the rate …

John Ewing | Portland Press Herald | Getty Images U.S. tax revenue as a proportion of GDP dropped the most out of any country in the Organisation for Economic Co-operation and Development in 2018, according to a report released Thursday. That’s largely due to the $1.5 trillion GOP tax cut …

Chime CEO Chris Britt Source: Chime A war is brewing in digital banking, and one leading player just loaded up on ammunition. Chime, the largest of a new breed of branchless U.S. banks, raised $500 million in a series E round it closed recently valuing the company at $5.8 billion, …

On New Year’s Day in 1962, a then-unknown band called The Beatles performed 15 songs for British label Decca Records. The band believed the audition would land them a recording contract. It did not. There is some debate as to whether Decca Records rejected The Beatles or The Beatles rejected …

Advanced Micro Devices has not only more than doubled its share price this year, TradingAnalysis.com founder Todd Gordon said it has also finally broken out of a nearly two-decade resistance. The technician says the chip stock has moved out of a resistance that sat at around the $38 level since …

Peloton bike Source: Peloton For all the outcry about the Peloton holiday ad, some of the company’s enthusiasts are scratching their heads. Take Heather Haworth, a California-based in-house counsel for a medical device company, who posted about her thoughts on the ad earlier this week on Facebook. Haworth told CNBC …