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
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
"These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass," Jim Cramer says.Mad Money with Jim Cramerread more
The consumer price index (CPI) had been expected to rise 1.8 percent on-year compared with an increase of 1.6 percent in September.
Producer prices rose 6.9 percent on-year, unchanged from previous month's increase.
Analysts had predicted the PPI would rise 6.6 percent.
China's economy recorded better-than-expected growth of nearly 6.9 percent through the first nine months of this year, buoyed largely by a recovery in its manufacturing and industrial
sectors thanks to strong government infrastructure spending, a resilient property market and unexpected strength in exports.
But property and construction activity, two of the economy's main growth drivers, are starting to slow under the weight of government measures to cool heated housing prices and higher borrowing costs.