The President of the Boston Federal Reserve Eric Rosengren stated on Friday that the US could hike interest rates in the case of maximum employment.
On Saturday, CFTC revealed that speculators across the globe had decreased short US Dollar bets.
On Friday, as the US trading hours ended, crude oil price benchmarks booked a fifth week of gains.
A US appeals court revealed on Friday that Volkswagen had won a court case against bondholders, who claimed that the company had defrauded them.
On Saturday, Microsoft revealed that, as the company investigated the SolarWinds hack, a new data breach was discovered.
On Friday, the surge of the Nike stock price to a record high was credited with the new all-time high in the S&P 500 index.
On Friday, Bitcoin, the world's biggest cryptocurrency, declined by 8.51% to $31,700 at 22:04 GMT.
On Friday, the S&P 500 Financials Sector Index surged by 1.3% and closed the week at a record high.
An EV battery plant planned by China's Envision AESC in France is expected to create more than new 1K positions, a local politician stated.
EssilorLuxottica, the Ray-Ban maker, considered suing the takeover target GrandVision after the court ruled that it violated the terms of €7.2B proposed purchase agreement.
Panasonic sold a stake in Tesla for about $3.61B in the year ended March, saying that it wanted to reduce reliance on Tesla and get cash for investments in growth.
Amazon.com's cloud computing division bought Wickr, the encrypted platform, to enable secure messaging, as employees mostly work remotely, the company stated.
Shares of Nike jumped more than 15% to a record high on Friday, as it expected full-year sales of above $50B, adding that the Q4 revenue almost doubled, topping $12B for the first time.
Toshiba announced on Friday that it would name the company's CEO Satoshi Tsukanawa as Interim Chairman.
On Friday, the Bank of America was revealed to settle charges over a unit investment trust by paying out $11.7 million.
J.D. Power and LMC Automotive announced on Friday that the US auto industry should expect a sales decline in June.
At the start of Friday's US trading hours, US stock indices reached new record high levels.
On Friday, a surge in US stock indices was attributed to a difference in actual US inflation data from the market forecast.
Data released on Friday revealed that US consumer spending had remained unchanged throughout May.
On Friday, the European Central bank revealed that the Euro Zone's economy would recover at a faster pace than previously thought.
Blackberry, Canada's security software supplier, topped Wall Street forecasts for its Q1 revenue, boosted by demand's rebound for the company's QNX operating software as well as cybersecurity products.
Nike's quarterly revenue and profit beat Wall Street expectations on strong demand from US customers stepping out of the pandemic-led lockdowns, sending the company's shares up 4%.
Panasonic has sold the stake in the electric carmaker Tesla for around $3.61B, as it seeks to reduce the reliance on Tesla, though the sale won't change the relationship between the two companies, Panasonic's spokesperson said on Friday.
Volvo Cars' new XC90 SUV will include lidar sensors as standard equipment in 2022 as part of the carmaker's strategy to deploy more self-driving technology and advanced safety.