Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Stocks in Asia traded lower on Thursday morning. Australia's jobs data showed the net number of jobs created was far below expectations.Asia Marketsread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
The company blamed its Q2 content slate and price increases for the subscriber miss.Technologyread more
IBM's year-over-year revenue has now declined for four quarters in a row. Impact from Red Hat is not yet factored into the company's guidance.Technologyread more
See which stocks are posting big moves after the bell on July 17.Market Insiderread more
"It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide.Mad Money with Jim Cramerread more
A preliminary reading on consumer sentiment for November released on Friday came in slightly above expectations.
The University of Michigan's consumer sentiment index hit 98.3. Economists polled by Refinitiv expected the preliminary read to come in at 98, slightly below an October print of 98.6.
"Consumer sentiment remained virtually unchanged in early November from its October reading," Richard Curtin, chief economist for the Surveys of Consumers, said in a statement. "The stability of consumer sentiment at high levels acts to mask some important underlying shifts. Income expectations have improved and consumers anticipate continued robust growth in employment, but consumers also anticipate rising inflation and higher interest rates."
The Federal Reserve kept interest rates unchanged at its meeting this week, but kept the door open for a rate hike in December. The central bank has already raised rates three times this year.
Curtin added, however, that the virtually unchanged print kept the index on pace for its best year since 2000.
The latest look at consumer sentiment comes shortly after the U.S. midterm elections. Democrats took control of the House, while Republicans maintained a majority in the Senate. This result was largely expected by experts.
Curtin noted that interviews leading up to Friday's release went through Wednesday night, "there was only a one-day overlap after the mid-term election results were known by consumers."
This is breaking news. Please check back for updates.