In the July meeting minutes, the Fed shared its view that the outlook for the economy will depend on the course of the virus, and that's seen a "highly uncertain."
(RTTNews) - Apple Inc. has touched a $2 trillion market value, becoming the first U.S. company to reach the milestone. The tech giant is currently the most valuable company in the entire world even as the majority of the world is grappling with coronavirus - induced financial cr
Wall Street and investors have witnessed some of the craziest volatility on record in 2020 courtesy of the coronavirus disease 2019 (COVID-19) pandemic. It took less than five weeks for the benchmark S&P 500 to lose 34% of its value during the first quarter, and less than fi
Taiwan's July export orders grew at the strongest pace in two-and-a-half-years, surging on strong demand for telecommuting products, as the coronavirus pandemic forced millions of people around the world to stay home.
Asian equities and U.S. futures fell on Thursday, hurt by the U.S. Federal Reserve's cautious view of the economy, tensions with China and new clusters of coronavirus infections.
Asian equities and U.S. futures fell on Thursday, hurt by the U.S. Federal Reserve's cautious view of the economy, tensions with China and new clusters of coronavirus infections.
Asian equities were set to follow Wall Street's late session retreat on Thursday after the Federal Reserve warned the U.S. economy faced a highly uncertain path to recovery from the coronavirus-induced downturn.
Wall Street finished lower on Wednesday after the Federal Reserve raised concerns that the U.S. economic recovery from the devastating effects of the pandemic faced a highly uncertain path.
Wednesday's session ended on a grim note, after the Federal Reserve reminded investors of the threat the pandemic still poses to economic activity, employment, and inflation in its July meeting minutes. The warning put a damper on Wall Street, with all three major indexes cut
The dollar and global equity markets rose on Wednesday and the S&P 500 and the Nasdaq hit fresh all-time highs, but Wall Street retreated after the Federal Reserve nixed, for now, dovish monetary policy measures such as yield-curve control.
Wall Street finished lower on Wednesday after the Federal Reserve raised concerns that the U.S. economic recovery from the devastating effects of the pandemic faced a highly uncertain path.
It was a historic day for Apple (NASDAQ: AAPL). The iPhone maker became the first U.S. company to achieve a market cap of $2 trillion, making it the world's most valuable company. Apple hit this milestone just two months after hitting $1.5 trillion and two years after becoming t
Streaming video may soon go the way of cable TV, and Apple (NASDAQ: AAPL) isn't wasting any time building a bundle of channels. Apple TV+ subscribers can now add ViacomCBS's (NASDAQ: VIAC) CBS All Access and Showtime streaming services for an additional $9.99 per month. That pri
The S&P 500 and Nasdaq slipped from all-time intra-day highs on Wednesday in choppy trading after the Federal Reserve ruled out for now more dovish monetary policy measures such as the yield curve control.
This was supposed to be the year that the 5G roll out happens. While there have been some delays in various regions attributable to the coronavirus pandemic, 5G is taking off.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was clinging to a small gain Wednesday afternoon, up about 0.23% at 1:25 p.m. EDT. There remains no deal on additional stimulus measures in Congress, but that didn't stop the stock market from continuing its reality-defying rall
The U.S. International Trade Commission said it has launched a Section 337 investigation into whether certain Apple Inc mobile devices and laptop computers infringed patents held by Japan's Maxell Holdings.
Technology stocks were advancing, aided by a 1% gain for sector titan Apple (AAPL), which Wednesday became the first company with a market capitalization topping $2 trillion. At last look, the SPDR Technology Select Sector ETF was 0.6% higher while the Philadelphia Semiconducto
The S&P 500 and the Nasdaq indexes hit all-time highs on Wednesday as Apple became the first publicly listed U.S. company to cross $2 trillion in market capitalization, with strong results from retailers Target and Lowe's also lifting sentiment.
Zynga (NASDAQ: ZNGA) has become the largest mobile video game company in the U.S., climbing to No. 1 in terms of market share, on both Apple's (NASDAQ: AAPL) App Store and Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google Play store for the month of July, according to Cowen analy