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S&P 500 ends lower as Microsoft recedes from record highThe S&P 500 and Nasdaq ended the week lower due to Microsoft and other market heavyweights, as comments made by two Federal Reserve officia...- Wall Street rallies on hopes of Fed policy pause; Block shares slid 14.6%The Dow Jones Industrial Average rose 142.01 points, or 0.44%, to 32,172.12, the S&P 500 gained 26.11 points, or 0.66%, to 3,963.08 and the...
- US stock market: Wall Street ends lower after latest Fed rate hikeIn comments after the statement, Fed Chair Jerome Powell said it was too soon to talk about cutting rates as the focus is on making the cen...
- Great commodities boom of 2021 hits pause amid wider selloffA rebound in the world’s largest economies as the vaccination against Covid-19 rolls out is stoking demand for metals, food and energy when...
- Yellen faces ‘Currency War’ redux as she ditches a strong dollarThe dollar has tumbled more than 13 per cent from its high last March, thanks in part to historic moves by the Federal Reserve to pump liqu...
- Google Glass gets it right the second timeNow, though, the Alphabet Inc. unit has recognized Glass's potential in an unexpected place: the factory floor.
- Here's why it's not easy to start a gadget companyIt brought a renaissance of consumer hardware startups, and thousands of great consumer hardware ideas bloomed. But it turns out it's not e...
- Alphabet, Facebook seen acquiring more as startup valuations sagFalling valuations present startup founders with difficult choices: They will have to reduce their cash burn and try to grow to earn back a...
- The only certainty for world’s central bankers is uncertaintyThe lack of action by 4 of the top central banks fueled perceptions that monetary policy makers are at a loss about what to do as global ec...
- Dollar braces for inflation test after worst week since JuneSpurring the losses, minutes from the Fed’s latest meeting showed policy makers discussing the damping effect of dollar strength on inflati...
- Deutsche Bank’s CEO Ravneet Gill is passionate about sleepingGill, who has a home gym and plans sporting holidays with his family, is said to believe a good night’s rest is an important component of s...
- Banks Enriched by junk put up a fight to regulator’s stringent standardsBanks are arranging junk-rated deals that leave companies with debt levels exceeding guidelines set by regulators.
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