U.S. stock indexes fell on Friday after COVID-19 vaccine data from Johnson & Johnson hurt sentiment, while a standoff between Wall Street hedge funds and small, retail investors weighed.
EU lawmakers, who are gearing up to curb the power of U.S. tech giants, have told Amazon, Apple, Facebook and Alphabet that they are willing to push back a proposed Feb. 1 hearing by two months.
A "#bitcoin" tag on Elon Musk's Twitter profile page led to a 14per cent jump in the cryptocurrency on Friday, the latest in a series of market moves triggered by comments on his social media account.
Felix Hufeld will leave the helm of Germany's financial watchdog BaFin after coming under pressure for failing to spot wrongdoing ahead of the collapse of the payments company Wirecard.
MEXICO CITY :Mexico's economy last year suffered its biggest annual contraction since the 1930s, although it recovered better than expected from the ravages of the COVID-19 pandemic during the final quarter, preliminary data showed on Friday.
A U.S. lobby group which represents firms including Amazon.com and Walmart has urged India not to tighten foreign investment rules for e-commerce companies again, according to a letter seen by Reuters.
REUTERS: Online broker Robinhood has raised more than US$1 billion of fresh capital from existing investors, having been strained by high volumes of trading this week and raising the ire of customers, celebrities and politicians for curbing the purchase of some hot stocks. Robinhood's existing ...
The U.S. Securities and Exchange Commission on Friday said it was closely monitoring potential wrongdoing amid recent price volatility in the U.S. stock market, and warned against illegal "manipulative trading activity."
U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19 and a temporary expiration of government-funded benefits for millions of unemployed Americans.
SAN FRANCISCO: Facebook took down a popular Wall Street discussion group, Robinhood Stock Traders, in a move its founder said was an unjustified response to conversations that have buoyed shares in GameStop and other companies. GameStop, AMC Entertainment Holdings and BlackBerry have been at the ...
