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Australia's economy shrank in the July-September quarter as efforts to combat the delta variant of the COVID-19 virus forced more than half the country into strict and lengthy lockdowns.
Fidelity just made an oopsie on the worst possible stock
Today 18:26 EST
Reddit's Apes are a little miffed that "an incorrect entry" caused 11 million loanable, and short-able, GameStop shares to seemingly appear overnight.
Bitcoin trades more like a risk asset than inflation hedge as Powell signals faster taper, analyst says
Today 16:48 EST
Bitcoin and ether trade in different directions Tuesday, as Federal Reserve Chairman Jerome Powell signals possibly sped up the taper of asset purchases.
Reporting earnings for the first time since IPO, Allbirds said a new product line and strong demand boosted its third-quarter sales.
Zscaler’s revenue grows 62% in fiscal Q1
Today 16:36 EST
Zscaler Inc. reported better-than-expected results in the latest quarter, as more companies face cyberattacks.
Salesforce.com Inc. produced a big earnings beat in its first full quarter with Slack Technologies Inc. on board, but projections for the end of the year slammed the stock in after-hours trading...
GlobalFoundries Inc. shares rose in the extended session Tuesday after the third-party silicon-wafer foundry topped Wall Street expectations in its first earnings report as a public company.
Box stock rises as sales, earnings beat estimates
Today 16:06 EST
Box Inc. reports fiscal third-quarter results that beat the top and bottom lines and raises full-year revenue guidance.
HPE’s quarterly earnings blow past estimates
Today 16:06 EST
Hewlett Packard Enterprise Co. on Tuesday reported better-than-expected quarterly earnings and sales in line with Street estimates.
Greenpeace plays on ‘Succession’ story for Giving Tuesday — encouraging donors to give out of spite
Today 16:01 EST
The environmental justice group hopes to turn a fictional confrontation between Cousin Greg and his grandfather into real-world donations.
Powell says time to retire ‘transitory’ when talking about inflation—and stock markets tank
Today 15:44 EST
So much for at least one of the Federal Reserve's key mandates: full employment. And you can blame Fed boss Jerome Powell for that who in testimony to the Senate Banking Committee said that it was time...
OPEC+ at a crossroads as oil prices post worst monthly drop since the pandemic began
Today 15:36 EST
Major oil producers face a difficult decision on production levels Thursday as a recovery in energy demand hits a setback with the discovery of a new variant of the coronavirus that causes COVID-19.
AT&T leads wireless stocks lower after company ‘reinforced market fears’ about the cost of growth
Today 14:59 EST
AT&T Inc. shares are leading a wireless selloff Tuesday after the company gave a presentation at an investor conference that one analyst said "reinforced market fears" about what its...
‘He’s to the left of Lenin’: Republicans fear Cordray at Fed would further ‘Biden’s federal takeover’ of U.S. banking system
Today 14:36 EST
President Joe Biden may have avoided a partisan showdown in the Senate by re-nominating Jerome Powell lead the Federal Reserve, but Republicans on Capitol Hill aren't giving him the benefit of the...
Thanksgiving holiday shopping weekend sees declines in online spending and store turnout
Today 14:35 EST
The five-day shopping weekend was not as big as years past, but shoppers are still showing a willingness to spend.
Jack Dorsey is ‘all in’ on Square now, and this analyst thinks it improves outlook for stock
Today 14:34 EST
Square Inc. Chief Executive Jack Dorsey will have more time to focus on the payments company now that he's stepping down from the CEO post at Twitter Inc., and that has one analyst feeling better about...
The world is at a turning point: With labor no longer abundant, global conditions may be shifting from deflationary to inflationary.
U.S. airlines may find domestic travel acting as a cushion against the omicron variant, analysts say
Today 14:17 EST
News about the omicron variant of the coronavirus rattled U.S. airline and travel-related stocks this week just as a relatively strong Thanksgiving traveling season wrapped up.
Schumer presses for pre-Christmas Build Back Better vote as Biden highlights job-creation plans
Today 13:58 EST
The Senate's top Democrat on Tuesday doubled down on a goal of passing President Joe Biden's sweeping social-spending bill before Christmas, as Biden took to the road to talk up the job creation he...
Businesses may be better equipped to deal with supply-chain disruptions stemming from the omicron variant because of their experience with delta, one economist said.
These are Wall Street’s 20 favorite stocks as the Fed’s Powell jolts the market with taper talk
Today 13:20 EST
Goldman offers more retirement contributions, paid leave for miscarriages and six-week sabbaticals to boost ‘mental health’
Today 12:42 EST
Goldman Sachs human resources chief cites bank's desire to offer support 'for our people in caring for themselves and their families'
There’s also been a spike in pets named ‘Bezos’ and ‘Amazon,’ according to a new survey of 2021’s most popular pet names
The limits on which mortgages the federal government will back have increased in virtually every part of the country, thanks to rising home prices.
Twitter’s new private media policy puts into question posting videos from scenes like George Floyd and Jan. 6
Today 11:39 EST
Images and videos of private individuals cannot be posted without consent, according to Twitter’s expanded private information policy
Powell open to discussing faster taper of asset purchases
Today 11:18 EST
Fed Chairman Jerome Powell said Tuesday he thought a discussion of a faster pace of tapering was appropriate given the strong economy and inflation pressures.
Omicron variant unlikely to cause severe illness in vaccinated people, BioNTech founder says
Today 11:00 EST
The omicron variant of the coronavirus could lead to more infections among vaccinated people but they will most likely remain protected from a severe course of illness, according to the inventor of one...
The advisory committee will decide whether the benefits of Merck’s experimental antiviral COVID-19 pill outweigh its risks.
WHO urges calm approach to omicron variant of COVID, warns travel restrictions may undermine surveillance and tracking
Today 10:44 EST
The World Health Organization called for a calm, measured approach to the new variant of the coronavirus that causes COVID-19 on Tuesday, cautioning against restrictions on travel that might lead to a...