A fall in technology stocks pulled Wall Street’s main indexes lower on Tuesday as weak economic data from China revived global recession fears, but losses were tempered by hopes of a trade deal.
A tearful Jack Ma formally left Alibaba on Tuesday, donning a guitar and a rock star wig at an event for thousands of employees of the e-commerce giant he founded 20 years ago in a small shared apartment in Hangzhou city in eastern China.
Apple Inc kicked off Tuesday its presentation where it is expected to announce pricing for its forthcoming streaming TV service as well as updates to its iPhone lineup, as the tech giant reaches a turning point where it focuses as much on services as its hardware and software.
The share of Americans without health insurance rose for the first time in a decade last year and U.S. household income barely rose, according to a government report on Tuesday that laid bare issues that could become central to the U.S. presidential election next year.
The Trump administration will pursue the reform of mortgage giants Fannie Mae and Freddie Mac , the guarantors of over half the nation’s mortgages, if Congress fails to act, officials told Congress on Tuesday.
WeWork owner The We Company is considering slashing the valuation of its planned stock market launch to below $20 billion, two people familiar with the matter said, the latest blow to leading tech investor SoftBank Group after limp flotations of Uber and Slack .
A fall in technology stocks pulled Wall Street’s main indexes lower on Tuesday as weak economic data from China revived global recession fears, but losses were tempered by hopes on trade.
U.S. job openings fell for a second straight month in July amid decreases in wholesale trade and the federal government, bolstering economists’ views that job growth has peaked.
China is expected to buy more agricultural products in hope for a better trade deal with the United States, South China Morning Post reported https://bit.ly/2manJ5q on Tuesday, citing a source.
The U.S. Commerce Department said on Tuesday that it found that imports of ceramic tile from China are unfairly subsidized and it imposed preliminary duties on them ranging from about 104% to 222%.
A gauge of world stock markets was lower for the first time in five sessions and bond yields rose on Tuesday, amid uncertainty over the amount of stimulus the European Central Bank will add to prop up a sagging economy this week on fresh signs of slowing global growth.
A federal appeals court revived a lawsuit by Spirit Airlines passengers who said the low-cost carrier blindsided them by imposing unexpected carry-on bag fees on tickets bought through Cheapoair, Expedia, Priceline and Travelocity.
IBM is joining forces with a German research institute to explore the potential of quantum computing in a project that the government in Berlin will back to the tune of 650 million euros ($717 million) over two years.
One of the most important things you can do to improve your investment returns might be to overcome your bias against simplicity.
As Nicholas Vardy explains today, many investors are drawn toward complex solutions, but these are often not the best.
“Simplicity is the hallmark of truth – we should know better, but complexity continues to have a morbid attraction. When you give [an explanation] that is crystal clear… your audience feels cheated and leaves the lecture hall commenting to each other: ‘That was rather trivial, wasn’t it?’ The sore truth is that complexity sells better.”
– Edsger Dijkstra, pioneer in computing science
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Boeing Co handed over around a quarter as many planes in August as it did a year ago, pushing total deliveries so far this year down more than 40%, as the worldwide grounding of its best-selling 737 MAX jet enters its seventh month.
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