Facebook switches news back on in Australia, signs content deals
Facebook said it had signed partnership agreements with Schwartz Media, Solstice Media and Private Media
Powerful House Dem bought cannabis stocks after pushing decriminalization
Rep. John Yarmuth purchased up to $60,000 worth of stock in cannabis producers while at the same time supporting decriminalization of the drug.
LIVE: GameStop's wild ride continues
Extreme volatility has returned to GameStop shares.
Dow sinks 560 points, yet GameStop bucks selling
Selling picked up in U.S. equity markets Thursday afteroon as traders weighed continued improvement of the economy and a sharp rise in bond yields.
Bank stock rally in danger of hitting the skids
The rally in bank stocks that has been propelled by inflation fears and a steepening yield curve has come too far, too fast, according to one Wall Street analyst.
Tesla temporarily halts production at Model 3 line in California: report
Workers were told their line would be down from Feb. 22 until March 7
Stock futures trade mixed ahead of GDP, jobless reports
Traders will also examine the latest data on durable goods and pending home sales
Australia passes law to make Google, Facebook pay for news
The legislation was designed to curb the outsized bargaining power of Facebook and Google in their negotiations with Australian news providers
Charlie Munger: Robinhood luring amateurs with commission-free trading is a 'dirty way of making money'
Berkshire Hathaway Vice Chairman Charlie Munger issued a warning Wednesday that nothing is ever really free -- at least when it comes to Robinhood and other brokerage apps that are trying to lure amateur investors in with promises of commission-free trading on their platforms.
Fisker, Foxconn electric-vehicle deal sends shares soaring
Electric-vehicle maker Fisker Inc. and Foxconn Technology Group announced Wednesday that they would collaborate on an electric-vehicle project, leading Fisker shares to surge more than 38%.
Why GameStop shares surged 104%, prompting trading halts
The New York Stock Exchange halted GameStop shares twice as shares of the video game retailer surged more than 100% in late trading Wednesday.
GameStop soars 104%, as Dow flirts with 32,000 for the first time
U.S. stocks staged midday comeback.
Stock futures trade cautiously higher despite inflation concerns
Investors will be watching for more retail earnings and home sales numbers
Lawsuits filed against auto insurers over rates in pandemic
The rates that were charged violate state law against excessive premiums, the lawsuits contend
Australian lawmakers expected to pass amendments to Facebook, Google law
Facebook on Tuesday said it would restore Australian users' access to news in light of the compromise it had reached with the government
Dave Portnoy, Robinhood CEO clash over GameStop stock: 'You killed the little guy!'
Barstool Sports founder Dave Portnoy took Robinhood CEO Vladimir Tenev to task over his company's conduct during last month's dramatic surge of GameStop's stock fueled by a group of amateur traders.
Stocks battle back as Fed's Powell eases inflation, economy concerns
U.S. equity markets staged a dramatic comeback Tuesday with the Dow Jones Industrial Average ending just shy of a record high after Federal Reserve Chairman Jerome Powell reassured investors the central bank would continue to support the economy and that inflation would remain in control.
Macy's forecasts upbeat 2021 sales
The upbeat outlook from the U.S. retailer follows better-than-expected sales in the holiday quarter as stimulus checks and strong online demand eased the blow from the health crisis.
Home Depot sales jump 25%, consumer spending outlook unclear
The company's same-store sales jumped 24.5% in the fourth quarter ended Jan. 31, beating analysts' average estimate of an 18.9% increase.
Tech stocks slammed as inflation fears mount
U.S. equity markets finished mixed Monday as tech shares pulled back on valuation concerns and cyclicals gained.