Updated 8:44 AM EDT, Wed, Aug 18, 2021

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Wall Street

Wall Street

All three Wall Street Indices Hurtled to Another Huge Selloff As the U.S. Hit 100,000 Cases

All three Wall Street indices hurtled to another huge selloff Friday as news the U.S. hit 100,000 confirmed COVID-19 cases

Wall Street

Wall Street Gets Green Light from Federal Reserve To Buy Back Stock Following Stress Test

Wall Street, the heart of the U.S. financial system, recently got the thumbs up from the Federal Reserve last Wednesday to buy back stocks and release a slew of dividend increases.


Apple's Valuation to Surpass $1 Trillion

It's currently valued at $750 billion or more than Exxon Mobil, Google, Microsoft and Facebook altogether.

nyse facade

NY hedge fund founder killed, son sought

Police are looking for the son of 70-year-old Thomas Gilbert Sr., founder of the $200 million-worth Wainscott Capital Partners, as a person of interest in the shooting death of his father on Sunday.

Wall Street Disappointed in Twitter’s Slow User Growth; Opportunities Loom amid Low Shares

Despite Twitter's doubled revenue in the latest quarter, disappointment looms over investors due to relatively slow user growth rate that ultimately toppled the company's stock quotes late Monday.

Jobs report

September US Jobs Report Strong But With Some Worrisome Signs

With nearly 250,000 jobs created in September following a disappointing August jobs report, the Bureau of Labor Statistics Friday said unemployment has fallen to just less than 6 percent. Wall Street responded with rising stock prices when the job news was announced.

Chinese President Xi Jinping

Unexpected China Data Pushes Asian Shares

China's manufacturing industry springs up at it surpassed expectations improving September performance and pushing Asian markets higher this Tuesday.

Alibaba US IPO

Alibaba Expected to Launch US IPO Next Week

Industry insiders believe China's largest e-commerce company, Alibaba Group, will launch its much anticipated US initial public offering (IPO) early next week. Trading should begin around Sept. 18.

Bank of America agrees to pay record penalties in connection with its role in the 2008 financial crash

Bank of America pays USD$16.65 billion fine for selling toxic financial products

Following the most extensive federal probe into Wall Street misconduct leading to the 2008 financial debacle, Attorney General Eric Holder on Aug. 21, 2014 announced Bank of America has agreed to pay a record USD$16.65 billion fine for selling toxic financial products.

New York Stock Exchange

US Stocks Rally As M&A Boosts Market

U.S. stocks increased when Nasdaq closed its 14-year high on Monday while homebuilders confidence surge as hopes for waning tensions in Russia urge investor to make larger bets on the stock market.

New York stock exchange

Wall St. Stocks Decline Following Two-Day Rally; Energy Shares Drop

After a two-day rally on the Wall Street, United States stock showed a decline on Tuesday amid the drop in oil process.

Candy Crush

Candy Crush Maker's Results Are Not Sweet Enough For Wall Street

Wall Street soured on shares of King Digital Entertainment, developer of mobile game Candy Crush, after it failed to meet revenue expectations

Wall Street

Wall Street Drops Anew In The Midst Of Ukraine Crisis

After rebounding on Monday, the U.S. stocks fell again after the extremities of the Ukraine crisis.


Facebook Beats Wall Street Projections, Stock Hits New Records

Facebook has reached a 61 percent increase in revenue for the fiscal second quarter, beating the projections and financial targets set by Wall Street.

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