US Markets

Colonial Pipeline CEO tells why he paid hackers a $4.4M ransom

U.S. officials have linked the ransomware attack on Colonial to a criminal gang known as DarkSide, believed to be based in Eastern Europe, which specializes in crafting the malware used to breach systems, and shares it with affiliates -- for a cut of the ransoms they obtain.

Lowe's growth lags Home Depot in home improvement battle

Lowe's Cos Inc reported on Wednesday a 25.9% jump in quarterly same-store sales growth that failed to match that of larger rival Home Depot Inc, signaling it was slipping further behind after gaining ground during the pandemic.

Dow slides 473 points as Nasdaq mounts comeback

U.S. equity markets traded lower Tuesday afternoon as technology and growth stocks pared their losses after falling sharply in early trading amid continued worries over inflation and what it might mean for Federal Reserve policy.