In both the 2008 global financial crisis and the COVID-19 pandemic, China’s crisis response was far more effective than that of the US, says Stephen S Roach.
U.S. District Judge Wendy Beetlestone in Pennsylvania on Friday blocked a U.S. Commerce Department order barring key technical transactions with TikTok set to take effect Nov. 12.
Major U.S. stock indexes tumbled on Friday, dragged by losses in tech heavyweights that had been priced for perfection, and a record rise in coronavirus cases fed the glum mood along with presidential election jitters.
With the presidential election drawing near, a litany of data released this week shows the U.S. economy continues to climb out of the recession caused by the coronavirus pandemic, but progress is slowing.
Alphabet's Google must tell a district court how it will respond to a federal antitrust lawsuit by mid-November, with the two sides making initial disclosures later in the month, U.S. Judge Amit Mehta said in a brief order on Friday.
Large Wall Street banks have been running "war game" drills in their trading businesses and preparing clients for unexpected scenarios around the U.S. election next week, hoping to avoid liquidity crunches or technical errors as markets react to news of who will be running the White House and ......
Two Goldman Sachs Group Inc money-market funds, whipsawed in March by billions of dollars of investor withdrawals, have steadily amassed a liquidity cushion much larger than rivals, as the US$4.35 trillion industry braces for the outcome of the U.S. presidential election and another global surge in ...
Self-driving tech company Waymo, which this month opened its driverless taxi service in the Phoenix suburbs to the public, on Friday said its autonomous vehicles there had been involved in 18 minor incidents since 2019 during tests and actual rides.
Under Armour Inc forecast full-year revenue above analysts' estimates on Friday, boosted by a surge in online demand from shoppers looking for athletic apparel for home or outdoor workouts.
REUTERS: Wall Street's main indexes fell at the open on Friday triggered by a selloff in tech heavyweights following their underwhelming business updates, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood. The Dow Jones Industrial Average ...
