4:16 a.m. Today4:16 a.m. May 12, 2021
- By Chris Matthews
Federal regulators see fighting monopoly power as critical consumer-protection toolThe movement to fight monopoly power is notable in that its one of the few major topics that enjoys bipartisan support in Congress --- though skeptics rightly point out that while Democrats and Republicans agree that the U.S. economy suffers from a competition problem, they don't agree on what steps should be taken to solve it.
7:59 a.m. May 11, 2021
Pipeline Panic Eases. The Long-Term Effects Could Be Substantial.
Prices for gasoline and heating oil were down on Tuesday, reflecting expectations that markets for those products will be back to normal soon.
7:06 a.m. May 11, 2021
- By Callum Keown
This is the ‘greatest threat’ to Big Tech’s S&P 500 dominance, Goldman saysWhile the prospect of decelerating U.S. economic activity supports Big Tech’s outperformance and the group’s “remarkable” growth looks set to persist, Goldman analysts, noted several headwinds around the corner.
4:06 p.m. May 7, 2021
With a $78 Billion Market Cap, Dogecoin Needs to Be Taken a Little More Seriously
The cryptocurrency lacks the mainstream appeal of Bitcoin, but it still has a substantial online community behind it. And that community may be the basis of new financial markets.
10:07 a.m. May 6, 2021
Broadband industry submitted millions of fake comments in support of net-neutrality repeal: N.Y. attorney generalFCC's 2017 repeal undid Obama-era rules barring ISPs from slowing or blocking websites and apps or charging companies more to reach consumers at faster speeds.
8:59 a.m. May 6, 2021
Carl Icahn Sells Last of His HerbaLife Stake. What to Know.
The billionaire investor began buying up Herbalife shares in early 2013.
6:28 a.m. May 6, 2021
- By Ciara Linnane
Global tally of COVID-19 cases tops 155 million as Biden supports waivers for vaccine patentsThe global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 155 million on Thursday, and India's tally rose above 21 million as the Biden administration said it agrees that drug companies should share the technology behind COVIOD-19 vaccines to help end the crisis.
4:14 a.m. May 6, 2021
The Tech Trade Is Dead—For Now
U.S. to back waivers for Covid-19 vaccine patents, oversight board backs Trump’s Facebook suspension, Peloton recalls treadmills, and other news to start your day.
7:56 a.m. May 5, 2021
Stocks Rebound After Yellen’s Comments and Ahead of Friday’s Payrolls Report
The Dow Jones Industrial Average had a record close, and the S&P 500 was up slightly. The Nasdaq Composite slid 0.4%.
7:00 a.m. May 4, 2021
- By David Dranove
Here's why local hospitals, not insurance companies, are to blame for exploding healthcare costsIt's time to rethink competition rules surrounding hospitals.
5:57 a.m. May 3, 2021
- By Mark DeCambre
Dow climbs 260 points as stocks aim to start May with positive toneU.S. stocks kick off May with gains as evidence mounts that American corporations are rebounding from the deadly COVID pandemic, portending a strong bounce for the overall economy in the second half of 2021.
5:38 a.m. May 3, 2021
U.S. Pot Producers Are Growing Like Weeds. Here’s How to Buy In.
While investors chased Canada’s pot stocks, they ignored the faster-growing U.S. cannabis industry. Already profitable, multistate operators like Curaleaf, Green Thumb, and Trulieve will flourish as state and federal obstacles fall away.
4:10 a.m. May 3, 2021
- By Jon Swartz
Apple will fight Epic antitrust suit by claiming 'a carefully planned plot against Apple and Google'In defending itself against potentially the most consequential antitrust action in more than 20 years, Apple Inc. will attempt to paint opponent Epic Games Inc. as a company that grew into a videogame titan on the back of its App Store and is now picking on Apple while making money on multiple platforms.
12:38 p.m. April 29, 2021
- By Jon Swartz
Facebook 'seems to be in a sweet spot,' and the stock closed at a record highFacebook Inc.'s stock catapulted 7% to close at a record high Thursday after it reported its latest bang-up quarter. That came as no surprise to financial analysts, who showered the social-networking giant with praise following another blockbuster quarter of advertising sales as well as a spike in non-ad revenue on Wednesday.
3:51 a.m. April 29, 2021
- By Jon Swartz
Facebook shares rise toward record on big jumps in sales, earnings from advertisingFacebook Inc. shares rose 6% in extended trading Wednesday, to what would be a record high if gains hold up in Thursday's regular session, after it announced better-than-expected first-quarter results.
4:22 p.m. April 27, 2021
- By Levi Sumagaysay
Top proxy advisers urge Uber investors to approve proposal seeking lobbying disclosureThe two most influential proxy advisory services in the nation are recommending that shareholders vote for a proposal calling for Uber Technologies Inc. to produce a report on its lobbying activities.
11:10 a.m. April 27, 2021
- By Michele Kryger
Older people are targeted by scammers --- even their own family members. How to protect themBillions of dollars are scammed from the elderly every year
8:59 a.m. April 27, 2021
- By Chris Matthews
Lawmakers grill Facebook, YouTube, Twitter execs over algorithms' control over public debateSocial media companies continued to defend themselves against charges that their products spread dangerous misinformation, manipulate Americans into spending unhealthy amounts of time online and are biased against conservative viewpoints during a hearing before a Senate Judiciary subcommittee Tuesday.
7:50 a.m. April 27, 2021
- By Victor Reklaitis
All of President Biden’s key executive orders — in one chart Memorandums, proclamations, other executive actions also deployed Memorandums, proclamations, other executive actions also deployed As people and markets around the world adjust to having Joe Biden as U.S. president, a key factor is what the veteran Democratic politician aims to accomplish without having to work with Congress.
7:10 a.m. April 27, 2021
- By Michael Brush
These 5 biotech 'busted IPOs' look attractive now that the sectorwide selloff seems overGiven the recent selloff in biotech, there are plenty of busted biotech IPOs to choose from.
12:42 p.m. April 26, 2021
S&P 500, Nasdaq Hit Record Highs Before Earnings Wave
Global stocks were mixed Monday ahead of a major wave of U.S. earnings, with travel companies higher in Europe on hope for trans-Atlantic corridors
4:52 a.m. April 26, 2021
A Key Player in Covid Vaccines Whose Stock You Can’t Trade—Yet
One investor thinks the U.S. shares of China’s Sinovac could rise sixfold once a dispute is resolved and a trading suspension is lifted.
10:12 a.m. April 21, 2021
Biden to Unveil New Emissions Cuts, Climate Risk Order
President Joe Biden is set to host world leaders in a virtual Earth Day Summit, and he’s expected announce goals for the U.S. to cut its greenhouse-gas emissions.
9:26 p.m. April 20, 2021
- By Andrew Keshner
Lawsuits against Robinhood in the GameStop saga are getting their day in court --- but there's one big snagMonday, April 19 marked an important initial court date. Here's what happened.
9:57 a.m. April 20, 2021
'This is not your Woodstock weed' --- these states are taxing marijuana that has higher THC levelsAs marijuana legalization spreads across U.S. states, so does a debate over whether to set pot policy by potency.
7:03 a.m. April 17, 2021
- By Chris Matthews
Robinhood's suit against Massachusetts may escalate a battle that could get the online broker tossed from the stateOnline trading app Robinhood has been hounded by regulators for years, but now it's going on the offensive.
11:55 a.m. April 16, 2021
- By Lina Saigol
Norway delays decision to ditch AstraZeneca vaccine, warning it could impact J&J rolloutThe Norwegian government said it needs more time to decide whether to restart the use of AstraZeneca's COVID-19 vaccine, or permanently remove it from the country's immunization program.
4:36 a.m. April 16, 2021
A Hedge Fund Billionaire Says Regulators Aren’t Doing Their Jobs
Dow hits new high, J&J asks other vaccine makers to investigate blood clots, and other news to start your day.
9:16 a.m. April 15, 2021
- By Home Media
What is a car insurance declarations page? (2021)A car insurance declarations page summarizes the most important details about your car insurance policy. Click to learn when you need one and how to get it.
5:23 a.m. April 13, 2021
Here's why fears of surging inflation are off-baseMaximum employment doesn't create inflation, especially in a globalized world.
12:59 a.m. April 13, 2021
Thinking of a franchise business? It can be a good way to go, especially for first-time entrepreneurs over 50If your image of a franchise business is a teenager wearing a paper hat, think differently. Many franchisees are people starting second acts later in life.
7:13 a.m. April 12, 2021
For its critics, Amazon can never do enoughAmazon will never be able to fully satisfy those who seek to marginalize it.
3:26 a.m. April 12, 2021
How a Simple Blood Test Could Reduce Cancer Deaths
Liquid biopsies and genomic sequencing that track cancer-related DNA have spawned start-ups and produced eye-popping projections on Wall Street. The diagnostic technology is cutting edge, and the industry is very young.
4:16 a.m. April 10, 2021
- By Nicole Lyn Pesce
Don’t laminate your COVID vaccination card before doing these 5 thingsHow to keep your COVID vaccine card safe, and what to do if you lose it
10:08 a.m. April 9, 2021
- By Jon Swartz
Biden's infrastructure plan seeks to solve longstanding problem with the internet, but will face familiar oppositionCould President Biden's proposed $2 trillion infrastructure plan do for the internet what it promises to do for the nation's decaying bridges, roads, ports, airports, and transit systems?
10:05 a.m. April 9, 2021
How to protect your loved ones from elder financial abuseScams against the elderly have multiplied during COVID-19
4:40 a.m. April 9, 2021
Biden’s Military Budget Is Coming. What It Means for Defense Stocks.
Prince Philip dies at age 99, GM continues to shift production strategy, Powell weighs in on March jobs report, and other news to start your day.
9:01 a.m. April 8, 2021
- By Jon Swartz
FTC slams Facebook as 'personal social networking' monopoly in latest filingThe Federal Trade Commission ratcheted up the rhetoric in its lawsuit against Facebook Inc. in a filing late Wednesday, calling it a "personal social networking" monopoly that is "violating the antitrust laws by maintaining its monopoly through means other than competition on the merits."
8:39 a.m. April 6, 2021
Illumina's Gene-Sequencing Business Is Rebounding. An Antitrust Fight Looms.
Illumina's gene-sequencing business has recovered from the Covid-19 slowdown. Meanwhile, the company is fighting regulators to close an acquisition that would bring a huge growth opportunity.
7:13 a.m. April 6, 2021
A Drug-Pricing Overhaul Is Coming. What It Means for Stocks.
Legislation to curb drug prices appears to be on its way, after years of promises from both Democrats and Republicans and worries from healthcare investors.