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
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The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
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Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation 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
Investors should buy Twitter shares due to rising usage trends from the political conversation around President Donald Trump's tweets, according to BTIG, which raised its rating on the company to buy from neutral.
"The incessant news flow from the Trump administration playing out on Twitter and the ensuing global reaction pushes Twitter users to be increasingly engaged with the platform," analyst Richard Greenfield wrote in a note to clients Wednesday "Our upgrade of TWTR is premised on the belief that Twitter's daily active user (DAU) growth is accelerating, particularly in the US, which has a disproportionate impact on Twitter's revenues and profits."
"The Twitter President gives Twitter a second chance," he added.