The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed information campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
The petition, which has garnered more than 1,000 signatures since Thursday, is the latest example of pushback from increasingly vocal employees against Google leaders, who...Technologyread more
Sequoia's Michael Moritz says that direct listings worked for Spotify and Slack and will become more common for companies with "courage and intelligence."Technologyread more
The dollar rose to a two-week high against major currencies on Thursday as optimism grew that lawmakers in Washington might reach a deal to avert a potential U.S. debt default.
House of Representatives Republicans said they would propose legislation for a short-term debt limit increase to avoid a U.S. debt default. House Speaker John Boehner said the short-term debt limit increase is conditioned on an offer by Democrats to start negotiations on fiscal issues.
The dollar had come under pressure and U.S. short-term borrowing costs had jumped early this week as a government shutdown as a result of budget disagreements dragged on and as fears intensified over whether Congress will raise the debt ceiling by the Oct. 17 deadline.
The dollar index, which measures the greenback against a basket of six major currencies, rose as high as 80.595, the strongest since Sept. 26, extending its recovery from an eight-month low of 79.627 hit last Thursday. It was last at 80.47, up 0.1 percent on the day.
The dollar rallied 0.9 percent to 98.21 yen, rebounding from a two-month low of 96.55 yen hit on Tuesday. Traders said the dollar rebounded after finding strong support at its 200-day moving average.
The euro was flat at $1.3523.
For more currencies, click here.