This has been a year like none other for the investment community. In a roughly six-month span, Wall Street crammed in the steepest and quickest bear market decline in history, as well as the fastest rebound from a bear market low to record highs. Perhaps the only constant in 20
Two years after agreeing to a self-regulatory code of practice to tackle disinformation, Facebook, Alphabet's Google, Twitter and other tech rivals must try harder to be more effective, the European Commission said on Thursday.
Asia's stock markets snapped their longest losing streak since February on Thursday and rose following a bounce on Wall Street, though subdued trade in currency, commodity and bond markets suggested investors remain cautious about the outlook.
Asian markets are expected to swing higher on Thursday, after U.S. stocks reversed course from a three-day losing streak that led the technology-heavy Nasdaq into correction territory.
Travis Scott does love him some McDonald's (NYSE: MCD). Last week, the company announced a wide-ranging partnership with the iconic hip-hop artist, songwriter, and record producer, which features Scott's signature order at the fast-food giant. Dubbed the Travis Scott Meal or "Ca
Wall Street's main indexes ended higher on Wednesday to snap a three-session losing skid as investors jumped back in to take advantage of the pullback in technology-related stocks, a day after the Nasdaq confirmed correction territory.
Wall Street's main indexes ended higher on Wednesday to snap a three-session losing skid as investors jumped back in to take advantage of the pullback in technology-related stocks, a day after the Nasdaq confirmed correction territory.
The key mechanism used by Facebook to transfer data from the European Union to the United States "cannot in practice be used" for such transfers, according to Ireland's Data Protection Commission, Facebook said on Wednesday.
Wall Street's main indexes rallied on Wednesday to stanch the bleeding after a three-day drop as investors jumped back in to take advantage of the repricing in technology-related stocks, a day after the Nasdaq confirmed correction territory.
Wall Street's main indexes jumped on Wednesday as investors took advantage of a three-day sell-off to buy cheaper technology-related stocks, a day after the Nasdaq confirmed correction territory.
Ireland's Data Protection Commission has sent Facebook Inc a preliminary order to suspend data transfers to the United States about its European Union users, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Middle East sovereign wealth funds, including the Abu Dhabi Investment Authority (ADIA) and Saudi Arabia's Public Investment Fund (PIF), are in talks to buy stakes in the retail arm of Indian billionaire Mukesh Ambani's Reliance Industries Ltd, the Financial Times reported on Wednesday.
U.S. stocks jumped on Wednesday as investors took advantage of a three-day sell-off to buy into high-flying tech stocks, a day after the Nasdaq confirmed correction territory.
U.S. stocks bounced on Wednesday with the Nasdaq gaining 1.5%, as a rout in technology shares halted and investors shrugged off news that AstraZeneca had paused global trials of its experimental coronavirus vaccine.
2020 has been a year for the ages. Spurred on by COVID-19 and the ensuing lockdown on the economy, U.S. stocks entered a bear market quicker than any other time in history -- followed by an equally impressive recovery as the digital economy has become more important than ever be
Wall Street's main indexes were on track to open higher on Wednesday, as technology-focused companies climbed following three sessions of intense selling that sent the Nasdaq Composite index lower by 10%.
A project involving 13 of the world's largest banks and aimed at launching digital versions of major currencies in 2020 is no longer likely to get going this year, the company set up to run the effort said.
What happened
Shares of Microsoft (NASDAQ: MSFT) rose 10% in August, according to data from S&P Global Market Intelligence. The cloud computing leader surged after Microsoft confirmed it was in talks to acquire the U.S. operations of TikTok -- the hit short-video social net
Mastercard is creating a platform to help central banks "virtually" test how digital currencies could be developed and used, the payments company said on Wednesday.
U.S. stock index futures jumped on Wednesday following a brutal sell-off in heavyweight technology stocks that sent the Nasdaq Composite index into correction territory in just three sessions.