Business

Google employees from across the globe are forming a union alliance, weeks after workers at the search engine giant and other units of parent company Alphabet Inc formed a labor union for U.S. and Canadian […]

Follow

Global shares rose to just shy of records highs on Monday, as optimism over a $1.9 trillion U.S. stimulus plan outweighed rising COVID-19 cases and delays in vaccine supplies, Reuters reported. European stock markets opened […]

Follow

U.S. manufacturing activity surged to its highest level in nearly 14 years in early January, but bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices and signaling a rise in […]

Follow

Bitcoin briefly tumbled below $30,000 on Thursday, as the cryptocurrency continued a slide from record levels, CNBC informed. The digital currency dropped as much as 17% to $29,246.77, wiping out about $100 billion from the […]

Follow

Beijing launched mass COVID-19 testing in some areas on Friday, while Shanghai was testing all hospital staff as China battles its worst outbreak of the disease since March and families fret over reunion plans for […]

Follow

Stock futures held steady in early morning trade on Wednesday as investors waited for President-elect Joe Biden’s inauguration, CNBC informed. Futures on the Dow Jones Industrial Average were just 3 points higher. S&P 500 futures […]

Follow

Treasury Secretary nominee Janet Yellen’s unequivocal support for a pandemic rescue plan cuts both ways for investors, fueling optimism that the rally in risk assets will continue while bolstering concerns over a massive runup in […]

Follow

Global stock markets wavered on Monday as soaring COVID-19 cases offset investor hopes of a quick economic recovery, even after data showing that the Chinese economy rebounded faster-than-expected in the fourth quarter of 2020, Reuters […]

Follow

China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan […]

Follow

President-elect Joe Biden moves into the White House in the coming week with the biggest stock market tailwind since a presidential Election Day going back to at least 1952, CNBC informed. According to CFRA data […]

Follow

More than two decades ago, Donald Trump the New York developer found refuge at Deutsche Bank after a syndicate of lenders, including predecessor firms to JPMorgan Chase and Citigroup, cut ties with him, CNBC reported. […]

Follow

Goldman Sachs Chief Economist Jan Hatzius said that U.S. stocks and bond markets could possibly “take more of a breather” in the near term, after hitting record highs last week, CNBC reports. U.S. stock markets […]

Follow

One U.S. Federal Reserve official says there is now a “clearer focus” about the economy’s path forward and a horizon for a fuller recovery. Another says the pandemic’s “endgame” is here. A third predicts 2021 […]

Follow

Bitcoin and other digital coins tanked on Monday wiping off some $170 billion from the entire cryptocurrency market, CNBC writes. The market capitalization or value of the cryptocurrency market was $959.53 billion at 12:10 p.m. […]

Follow

The U.S. economy likely created the fewest jobs in seven months in December or even shed workers as the country buckled under an onslaught of COVID-19 infections, marking the start of what is expected to […]

Follow

Bitcoin smashed through $37,700 to hit a new record high on Thursday helping to lift the total value of the entire cryptocurrency market above $1 trillion for the first time, CNBC reported. The digital coin […]

Follow

Wall Street’s main indexes climbed on Tuesday as investors took advantage of the previous session’s slump, while waiting for the outcome of battleground Georgia’s Senate runoff elections, which will determine the balance of power in […]

Follow

The New York Stock Exchange said it no longer intends to delist three Chinese telecom giants that have been targeted by U.S. President Donald Trump’s outgoing administration, in a shock reversal of an announcement made […]

Follow

The dollar fell against major peers on Tuesday as China raised its official yuan exchange rate by the biggest margin since abandoning its peg in 2005, which helped support demand for other units, Reuters writes. […]

Follow

U.S. stock futures were higher Monday morning ahead of the first trading session of 2021 following a volatile year, CNBC reports. Dow Jones Industrial Average futures were up 99 points. S&P 500 and Nasdaq 100 […]

Follow

Shares in China’s three biggest telecoms companies fell as much as 5% in Hong Kong on Monday, the first trading session since the New York Stock Exchange (NYSE) said it would delist the firms in […]

Follow

Tesla Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry, Reuters […]

Follow

The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred U.S. investments in Chinese firms Washington says are owned or controlled […]

Follow