Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread 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
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
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
Wild market swings claimed plenty of victims last week, but Cornerstone Macro's Carter Worth says Home Depot is poised for a big breakout.Options Actionread more
The conglomerate's head of investor relations released a more detailed statement about accounting practices under fire from Harry Markopolos.Marketsread more
Goldman notes that high-dividend payers are trading at their largest valuation discount in nearly 40 years.Marketsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
Amid the headlines of stores closures and retail bankruptcies, it can be tough to accept that the U.S. consumer is doing just fine.Retailread more
On its first birthday, Slack is already a "unicorn," the term reserved for start-ups with a valuation $1 billion or more. Even more newsworthy is Slack's growth rate during the first year.
Over half a million daily active users earned Slack the title of "fastest-growing business app ever" in Forbes. The founder, Stewart Butterfield, attributed Slack's success to pouncing at the perfect time for the service, which provides an instant messaging specifically for work colleagues.
Butterfield, who also founded Flickr, released Slack just on the heels of Blackberry and Apple's messenger systems. Since then, Slack has persuaded companies such as Wordpress.org, The New York Times and Al Jazeera to free themselves from endless work emails and move toward more natural conversation.