House budget resolution vote, Fed's Jackson Hole meeting, Best Buy earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Judge rules California ride-hailing law is unconstitutional
Uber says it plans to appeal a California judge's ruling that struck down a state ballot measure that exempted app-based ride-hailing and delivery services from a state law requiring drivers to be classified as employees eligible for benefits and job protections.
‘Flash recession' could hit markets by the fall
Markets are acting like the global economy is headed for a slowdown, according to Bank of America.
Nasdaq leads broad stock rally, oil sinks to $62 level
U.S. stock indexes traded cautiously Friday as investors remained skittish over the timeline of the Federal Reserve’s plans to taper its asset purchases.
Apple pushes back return to office until at least January: report
Apple is pushing back the return to corporate offices until January at the earliest because of surging Covid-19 cases and new variants, according to a memo sent to employees on Thursday and reported by Bloomberg.
Elon Musk introduces humanoid robot prototype at Tesla AI Day
Tesla CEO Elon Musk introduced a prototype of a humanoid robot at the company's AI Day event on Thursday.
Stocks finish mixed, oil skids
U.S. stock indexes ended little changed Thursday as investors looked past the Federal Reserve’s minutes released the prior day which indicated the central bank could begin its taper later this year.
AMC CFO dumps chunk of stock
According to an SEC filing, the shares were sold at at an average price of $34.79, for a total transaction of $1,579,639.95.
Robinhood's new customers traded Dogecoin over stocks
Robinhood’s disclosure on cryptocurrency trading during the last quarter illustrates who is buying cryptocurrencies.
Toyota to slash September production due to global chip shortage: report
Toyota Motor is slashing its global production for September by 40% from its previous plan due to the worldwide shortage of semiconductors, according to Nikkei Asia.
Robinhood signals trading slowdown despite strong second quarter revenue boosted by crypto
While Robinhood said factors including seasonality and an uptick in trading activity on its platform worked in its favor during the second quarter, the company anticipates "seasonal headwinds and lower trading activity" will result in lower revenue and considerably fewer new funded accounts in the third quarter.
Senate Democrats ask FTC to investigate Tesla over 'misleading' Autopilot claims
Senate Democratic lawmakers called Wednesday for the Federal Trade Commission to launch a probe into Tesla’s “Autopilot” and “Full Self-Driving” systems, citing “serious concerns” regarding what they described as the company’s “misleading advertising” of their features.
Alleged Netflix insider trading ring charged by SEC
The SEC has charged five people in connection with an alleged insider trading scheme involving Netflix.
Dow Jones tumbles 382 points as Fed minutes suggest taper could start this year
U.S. stock indexes closed lower Wednesday as investors digested minutes from the Federal Reserve’s latest policy meeting which suggested the central bank could begin tapering its asset purchases this year.
Home Depot, Lowe’s share lumber crisis update
America’s biggest home-improvement chains say the lumber market is returning to normal after a period of extreme and record volatility.
Moderna stock cements lead as S&P 500's top performer of 2021
Moderna is the star stock of 2021 maintaining its position as the S&P 500’s top performer.
Big money managers ratchet up expectations Fed will announce taper this year
The vast majority of big money managers say the Federal Reserve will soon signal the start of the tapering of its asset purchase program, according to a survey conducted by Bank of America.
Robinhood earnings: What to watch
The announcement will mark the first earnings report since the commission-free trading app made its highly-anticipated debut on the Nasdaq last month.
Target sales beat as shoppers go back to stores; online buying sags
Target Corp beat analysts' estimates for same-store sales on Wednesday as more shoppers visited its stores to buy clothes and stock up on back-to-school essentials, even though they bought less online compared to pandemic highs.



















