The benchmark S&P 500 U.S. stock index is now positive for the year, yet most of its components have sat out the rally.
Tesla Chief Executive Elon Musk qualified on Tuesday for a payout worth an unprecedented US$2.1 billion, his second jackpot since May from the electric car maker following its massive stock surge.
The Senate Banking Committee on Tuesday approved Judy Shelton's nomination to the Federal Reserve Board in a party-line vote, delivering a win for President Donald Trump and his efforts to install a political confidante in a key economic policy-making role.
Pakistan has issued a final warning to Chinese-owned social media app TikTok to clamp down on what it called "immoral, obscene and vulgar" content on the video-sharing platform.
U.S. homebuilders are expected to report a sharp rebound in sales and orders for the second quarter as record-low mortgage rates and the working-from-home changes brought on by the coronavirus encourage more Americans to move to less crowded suburbs.
When Tesla Inc reports second-quarter results after the bell on Wednesday, investors will be keen to see whether the electric carmaker has delivered a profit during the global pandemic that has sunk most of its internal combustion rivals deep in red ink.
The Federal Aviation Administration (FAA) said on Tuesday it plans to issue a proposed airworthiness directive for the Boeing 737 MAX in the "near future" to address changes made since the plane was grounded in March 2019 after two fatal crashes killed 346 people.
Nine global corporations unveiled an initiative Tuesday to step up efforts to move to a "net zero" carbon emissions society, while Apple announced its own plan to be carbon neutral by 2030.
Nissan Motor Co. is proposing to postpone the closure of its three Barcelona plants to June 2021 from December 2020, the head of the carmaker's industrial operations in Spain, Frank Torres, said on Tuesday.
Facebook Inc on Tuesday placed a "voting info" label on a post by U.S. President Donald Trump that said mail-in voting would lead to a "CORRUPT ELECTION."
