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Chicago Federal Reserve President Austan Goolsbee on Friday declined to say when he thinks the central bank will cut interest rates, but he said reductions could be expected this year "if we continue to make surprising progress on inflation."

Weak buy-side expectations could position Apple well during earnings, according to an analyst.

Kaman Corp.'s stock doubled in premarket trading Friday after it agreed to be taken private by Arcline Investment Management in a deal valued at $1.8 billion.

Travelers' stock surged into record territory Friday, after the property casualty insurer said lower catastrophe losses and higher underwriting gains helped produce record profit.

British retailers saw their sales drop more sharply in December than in any month since January 2021

The carrier said its booking over the holidays were strong and that it'll likely match or slightly beat Wall Street's fourth-quarter revenue estimate.

JPMorgan Chase will pay CEO Jamie Dimon $36 million in compensation in 2023, up from $34.5 million in 2022 as the bank's independent board members considered his performance in a particularly challenging year, according to a late Thursday filing.

Oil futures head for modest weekly gains.

Wayfair shares climbed in premarket trades Friday after the home-goods retailer announced a plan to cut approximately 13% of its workforce.

Fisker's stock bounced Friday, after an analyst recommended investors stop selling following their "precipitous drop" over the past several weeks.

Price controls could force many biotech companies to shutter research on vital medicines.

Treasury yields eased back from highs on Friday, as investors got ready for more economic data.