Stories about Markets

Jul 31 2018

Tesla Released a $1,500 Surfboard That Sold Out In a Day

Tesla added surfboards to its gift shop on Saturday. Elon Musk's most recent innovation is a limited edition United States dollars 1,500 surfboard, branded with the ...

Jul 30 2018

Trump Administration Announces $12 Billion in Aid to Farmers

If the U.S. places 25% tariffs on Chinese products, China can depreciate Yuan by as much as possible. Campbell Soup Co. warned financial analysts in May that its marg...

Jul 30 2018

Winklevoss Bitcoin ETF Proposal Rejected By SEC

The SEC Division of Trading and Markets disapproved the proposed rule change . The proposal was rejected because it is not "designed to prevent fraudulent and manipul...

Jul 30 2018

Facebook Stocks Plummet to an Unprecedented Degree

Earlier this year, Facebook was embroiled in the Cambridge Analytica scandal, and took big steps to make the platform more personal and secure immediately after. Curren...

Jul 30 2018

Amazon Hits Record Breaking Profits After Push From Cloud And Ad Businesses

Amazon has reported record quarterly profits helped by a rise in online sales and demand for its cloud services . Popular brands now agree to put their inventory on...

Jul 29 2018

European Union threatens USA with $20 billion tit-for-tat tariffs

After crunch talks with the European Commission President, Mr Trump said both sides had agreed to "work together towards zero tariffs". Trump agreed on Wednesday to r...

Jul 29 2018

Twitter shares plunge as bad week in social media gets worse

Dorsey noted that Twitter is investing in "new tools to address problem behaviors that distort and distract from the public conversation". According to Ned Segal, Tw...

Jul 28 2018

USA announces billions to help farmers hurt by tariffs

Wisconsin Republican Sen. Ron Johnson said the unexpected move to manipulate trade through targeted subsidies 'is becoming more and more like a Soviet-type of economy...

Jul 28 2018

Republicans Confront Trump's Top Trade Aides About Tariffs

Reuters/Kevin LamarqueU.S. President Donald Trump meets with European Commission President Jean-Claude Juncker in the Oval Office of the White House in Washington , U....

Jul 28 2018

Facebook suffers its worst loss ever in history

The Cambridge Analytica scandal prompted several apologies from Chief Executive Mark Zuckerberg and generated calls for users to desert Facebook , which has grown str...

Jul 27 2018

Concerns linger in Europe after US-EU trade truce

The Trump administration says farmers caught in the middle of trade policies could soon see financial relief but some Wisconsin farmers worry if it will solve the probl...

Jul 27 2018

Winning Mega Millions ticket for $522M sold in liquor store

The names of the MA winners weren't immediately available. 522M Mega Millions jackpot victor bought ticket at Ernie's Liquor in San JoseCalifornia Lottery officials hel...

Jul 27 2018

Facebook shares fall 9 percent on revenue miss

The "Dispatches" show featured an undercover reporter who went to work at Irish staffing firm CPL Resources, which acts as Facebook's largest centre for United Kingdom ...

Jul 26 2018

U.S. hits record crude oil, NGL production in June — API

A senior Iranian military commander said on Thursday Donald Trump should address any threats against Tehran directly to him and he mocked the US president as displayi...

Jul 26 2018

$10,000 lottery tickets sold at neighboring Broad Street businesses

One Mega Millions player has a reason to smile after a winning ticket for the $522 million jackpot was sold in the state of California. One person in MI did match all fiv...

Jul 26 2018

Facebook Falls After Missing Q2 Sales Estimates (NASDAQ:FB)

Facebook shares slumped 7% in after-hours trading, as the social media giant revealed that its user base and second-quarter revenue grew slower than expected. "Social ...

Jul 26 2018

Ramaphosa makes it rain as he secures $14.7-billion from China

South Africa's biggest city of Johannesburg is set to welcome the heads of Brazil, Russia, India, and China. The other leaders of BRICS countries - Russian President Vl...

Jul 26 2018

Does Trump want to strike trade deal with EU's Juncker?

His remarks effectively contradicted what Treasury Secretary Steven Mnuchin said during a House Financial Services Committee hearing on July 12: that negotiations with Be...

Jul 25 2018

No winner in Mega Millions as prize surges to $493 million

The last Mega Millions jackpot hit was for $142 million on May 4. The drawing is at 11 p.m. Tickets are $2 and must be purchased by 10 p.m. The second-highest jackpot of ...

Jul 25 2018

Google's record-breaking fine isn't hurting the company very much

TAC, an important metric in Google's ad business, crept up to 23% of ad revenue in Q2, up slightly from the 22% reported during the same period past year. Google has ...