Chicago Fed Bank President Charles Evans stated that raising rates to about 3.25% would be reasonable assumption, given his prospects for the US economy.
Thomas Kurian, the ex-chef of Oracle product, is likely to replace Diane Greene to become the cloud division head at Alphabet's Google in the following weeks, Greene announced on Friday.
The Dow Jones and the S&P 500 surged on Friday after the US President Donald Trump said that the United States might not impose further tariffs on the Chinese imports.
On Friday, Volkswagen CEO Herbert Diess said that the company would spend about $50 billion to develop and mass produce electric cars by 2023.
The S&P 500 Index slumped on Friday, as profits in energy shares were offset by drops in retail and chip companies.
On Friday, the European stocks faltered, as investors and traders waited to see if UK's Prime Minister Theresa May would face a vote of no-confidence.
On Friday, Tesla Inc CEO Elon Musk said that the electric carmakers have began to take orders for its Model 3 sedan in China.
On Friday, the White House said that it would temporarily reinstate CNN reporter's access after a US judge restored Jim Acosta's press credentials.
The US prosecutors are planning to file a criminal lawsuit against the founder of Wikileaks Julian Assange.
On Friday, the US Dollar edged lower after a senior Federal Reserve official said that the country's interest rates are closer to neutral rate.
On Friday, the payments processor Visa stated it would acquire a minority stake in India's payment gateway BillDesk for an undisclosed sum, seeking to expand its presence in the country.
General Electric's unit GE Capital is planning to sell the healthcare equipment finance arm to the US regional lender TIAA Bank in a deal valued at $1.5B.
On Friday, Bloomberg reported Eli Lilly was exploring a sale of its off-patent treatment assets in China that could be potentially valued at between $200 and $300.
Japan's group Mitsubishi UFJ Financial has become the leading bidder for DZ Bank's aviation financing business, a deal that might be valued at around $1.1B, sources reported.
The state-run pension fund of Kazakhstan has acquired one-third of the uranium miner Kazatomprom's shares in its $450M worth Astana and London IPO held this week.
The US criminal investigators called on the investment banks, such as JPMorgan, Bank of America and Deutsche Bank, to provide all the information about transactions handled for the Estonian branch of Danske Bank in money laundering probe.
Several consortiums have raised a strong interest in France's plans to take Aeroports de Paris private, Martin Vial, the state holding chief, reported on Friday.
Spectrum Brands Holdings, the consumer products company, is planning a sale of the global auto care business to the battery producer Energizer Holdings in a stock-and-cash deal worth around $1.25B.
On Friday, the Prime Minister of the Czech Republic, Andrej Babis, claimed he would never step down from his post, dismissing the suggestions he might resign due to accusations concerning a fraud probe.
Shares in PG&E surged 40% on Thursday on a regulatory report that the agency seeks to avoid the bankruptcy from the November's deadly wildfires in the northern California.
After the drop that occurred previously due to the Brexit deal being made, UK stock indices and the Pound were recovering on Friday.
On Friday, it was announced by a number of UK companies that they are still preparing for a hard Brexit scenario.
On Thursday, Sears Holdings has received he US bankruptcy court's approval to move ahead with its plans to sell the company and stores in the firm's efforts to stay in the business.
T-Mobile US stated it was expecting to finalise its takeover of Sprint Corp as soon as the Q1 of the next year amid indications it was receiving from regulators, the CFO J. Braxton Carter announced.