U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted.
A gauge of global stocks declined for a second straight session and U.S. Treasury yields rose as trade concerns again began to bubble and U.S. earnings season picked up steam.
Oil prices on Wednesday steadied after plummeting more than 3% in the previous session, but were weighed down by U.S. government data that showed large builds in refined product stockpiles.
"Shark Tank" companies are "an amazing index on America's economy because they're almost in every state, in every sector," says "Mr. Wonderful."
His case for gold comes as central banks get more aggressive with policies that are about to cause a "paradigm shift" in investing.
A gauge of global stocks declined for a second straight session and U.S. Treasury yields fell as trade concerns again began to bubble and U.S. earnings season picked up steam.
United Airlines Holdings may not receive complete delivery of Boeing Co's 737 MAX even by next year, Chief Financial Officer Gerry Laderman said on a conference call with investors, underscoring the uncertainty surrounding the aircraft's return to service.
A fireball erupts from the base of SpaceX's prototype rocket after a test.
This week, the term we’re exploring is very important on both sides of the table but is of particular interest to investors: pro rata rights. Continue reading
Abbott Laboratories beat analysts' estimates for quarterly profit and lifted its full-year earnings forecast on Wednesday, boosted by a near 64% jump in sales of its blood sugar monitoring device.
(This version of July 16th story corrects headline to show closing stock change)
Oil futures fell more than 1% on Wednesday, extending a more than 3% drop in prices the previous session, after U.S. government data showed large builds in refined product stockpiles.
After a 19-year legal struggle, three former makers of lead paint have agreed to a $305 million settlement with California county and city governments to mitigate poisoning dangers still present in old housing.
Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with compensation expert Ken Feinberg hired by the world's largest plane maker to oversee the distribution.
U.S. stock indexes retreated for the second day on Wednesday as weak results from CSX Corp pressured railroad stocks and highlighted the wide-ranging impact of the protracted trade war between the United States and China.