The S&P 500 and the Nasdaq slipped from record levels in volatile trading on Wednesday as Reddit forum turned their focus to cannabis stocks while investors looked to a speech by Federal Reserve Chair Jerome Powell in the afternoon.
Uber Technologies Inc on Wednesday said revenue at its ride-hail and delivery businesses increased on a quarterly basis and said it was well on track to achieve its target for an adjusted profit by year-end.
Neera Tanden, Democratic President Joe Biden's nominee to head the U.S. Office of Management and Budget, told U.S. senators on Wednesday she would support raising the federal minimum wage, without giving a target for a higher rate.
The COVID-19 pandemic has added urgency to the Bank of Canada's development of a digital currency and decision could come sooner than previously thought, a senior policymaker said on Wednesday, though he noted that a launch was not a "foregone conclusion."
Southwest Airlines Chief Executive Gary Kelly and the leaders of the airline's unions urged President Joe Biden not to mandate COVID-19 testing before domestic flights, warning it would put "jobs at risk."
Invoking post-World War II efforts to reach full employment and pledging continued loose monetary policy to help the process, Federal Reserve Chair Jerome Powell made a broad call Wednesday for a "society-wide commitment" to get Americans back to work, particularly minorities and those ousted from ...
Massachusetts securities regulators have issued a subpoena seeking the testimony of a YouTube streamer who helped drive a surge of interest in GameStop Corp as part of a review of his registration, including his "outside business activities," an official said on Wednesday.
EU privacy watchdog EDPS on Wednesday (Feb 10) backed the bloc's push to curb the power of Apple, Amazon, Alphabet unit Google and Facebook via new tough rules and suggested more safeguards to boost users' privacy rights.
Applications to start new U.S. businesses jumped in January, suggesting economic activity was steadily picking again, although the coronavirus pandemic continues to pose a risk to growth.
EU countries on Wednesday agreed to take a joint position in forthcoming negotiations with EU lawmakers and the European Commission on planned privacy rules governing Facebook's WhatsApp and Microsoft's Skype, ending a three-year impasse.
