Bonds are typically thought of as the safer part of an investors’ portfolio — a form of protection when the stock market gets unruly. Yet as inflation becomes a growing concern, that form of security is looking a little...
Stock futures slipped after the major averages finished the previous session at record closing highs and ahead of a busy week of earnings reports from technology’s heaviest hitters. Dow Jones Industrial Average futures declined 222 points. S&P 500 and...
Bitcoin soared on Monday to approach $40,000, a rally some attributed to traders exiting bets on declines as well as ongoing speculation over Amazon.com Inc.’s potential involvement in the cryptocurrency sector. The largest crypto rose as much as 15%...
European Central Bank President Christine Lagarde tamed the biggest rebellion of her tenure this week through compromise, persuasion, attrition - and a bit of German help, six sources with direct knowledge of the discussion said. When the dust settled,...
The IRS is starting to send out unemployment benefits to those who filed their taxes last year before the American Rescue Plan was signed into law. If you received unemployment benefits last year and filed your 2020 tax return early, you might...
China’s antitrust regulator has ordered Tencent to give up its exclusive music licensing rights and slapped a fine on the company for anti-competitive behavior, as Beijing continues to crack down on its internet giants at home. The State Administration...
General Motors and its Cruise robo-taxi subsidiary have filed a lawsuit to stop Ford Motor from using the name “BlueCruise” to market its hands-free driving technology, the companies said on Saturday. In a statement released shortly after midnight Detroit...
The U.S. economy is expected to post another roaring growth spurt in the second quarter, before a slow and steady dose of reality starts to sink in. Gross domestic product is projected to accelerate 9.2% for the April-to-June period,...
China’s antitrust regulator has ordered Tencent to give up its exclusive music licensing rights and slapped a fine on the company for anti-competitive behavior, as Beijing continues to crack down on its internet giants at home. The State Administration...
Two U.S.-listed Chinese education stocks plunged Friday after reports of a government crackdown on the sector that included bans on foreign investment. TAL Education shares tumbled 70.8%. New Oriental Education and Technology shares dropped by 54.2%.
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