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
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS 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
Since its IPO 15 years ago, Google has become more and more powerful. Today, that power is being highly scrutinized.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
Shares of embattled utility PG&E plummeted after a judge ruled that a jury can decided whether it should pay up to $18 billion in damages.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
In a statement Monday, Barr named Kathleen Hawk Sawyer the new director of the Federal Bureau of Prisons.Politicsread more
Lobbying disclosure reports show that Maria Ressa, who founded news website Rappler Inc. in the Philippines, has tapped two partners out of Covington & Burling to help her...Politicsread more
O'Neill announced in a media gathering at police headquarters Monday that Pantaleo "can no longer effectively serve as a New York City police officer."Politicsread more
The president said the Fed has been hampered by a "horrendous lack of vision" and said it should institute 100 basis points worth of reductions to its benchmark rate.Marketsread more
U.S. government debt yields fell on Thursday as fears of a slowdown in global growth spooked investors across Wall Street.
The Federal Reserve's Jerome Powell said Wednesday that the biggest challenges to the U.S. economy are sluggish productivity and a widening wealth gap. The chair of the Fed spoke at a town hall in Washington D.C. and asked for more political action to address income inequality.
The European Commission revised downward its growth outlook for the euro zone this year as global trade tensions and among headwinds undermine the bloc's largest economies. The Commission sees euro zone growth slowing to 1.3 percent this year from 1.9 percent in 2018.
Global growth fears contributed to the stock market's sharp downturn in December as investors fled to safer investments.