Morgan Stanley analysts said the reduction was driven by concerns around Chinese demand for Tesla products.Autosread more
Alphabet Inc's Google said Tuesday that keeping phones up to date and secure was in "everyone's best interests," shortly after the U.S. temporarily eased some trade...Technologyread more
Home Depot on Tuesday reported fiscal first-quarter earnings that beat analysts expectations, despite a damp start to the spring in much of the U.S.Retailread more
Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout...Asia Economyread more
There's more pain ahead for the U.S. and China amid their bilateral trade dispute, according to one expert.China Politicsread more
Semiconductor stocks were sliding again on Monday as concerns over trade flared up again. Six experts weigh in on what this means for the U.S. stock market.Trading Nationread more
You know there's an underlying problem when investment firms start to cut exposure to a particular asset class.Commentaryread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
A record 257.4 million travelers are expected to opt for U.S. airlines for travel this summer, the 10th consecutive annual increase, a trade group forecast on Tuesday.Airlinesread more
It's a familiar tune for the Republican president, whose administration is preparing antitrust action against Silicon Valley giants, but it comes with some ironic context.
Trump far outspends his fellow 2020 candidates in social ads on sites like Facebook, according to a tracker maintained by communications agency Bully Pulpit Interactive.
In the week ending March 10, the Trump campaign spent nearly $500,000 on Facebook and Google ads. That dwarfs the second-highest spending — $107,000 by the Democratic presidential campaign of Washington Gov. Jay Inslee.
Trump's campaign has spent roughly $4.5 million this year. Sen. Elizabeth Warren, D-Mass., who announced her 2020 presidential exploratory committee on New Year's Eve, has spent $595,000.
Trump's heavy use of Facebook emerged after the 2016 election as a factor in his success. Trump's 2020 campaign manager, Brad Parscale, was credited with masterminding the president's 2016 social media strategy — but has since become an outspoken critic of Big Tech.
Trump doubled down on this comments later Tuesday during a joint press conference with Brazilian President Jair Bolsonaro, highlighting Twitter as the worst alleged offender.
"Things are happening, names are taken off, people aren't getting through," Trump said. "And it seems to be if they're conservative, if they're Republicans, if they're in a certain group, there's discrimination — big discrimination. I see it absolutely on Twitter, and Facebook, which I have also, and others I see, but I really focus more on the one platform."
Trump suggested the tech companies and media outlets could be working together, and indicated that he would continue looking into the companies.
"I do think we have to get to the bottom of it," he said. "It's collusive, and it's very, very fair to say that we have to do something about it."
The digs at Facebook, Google and Twitter follows a lawsuit by Rep. Devin Nunes, R-Calif., that alleges Twitter allowed defamatory posts about him on the platform as part of a political agenda.
Nunes is hardly the first conservative lawmaker to ding Twitter for supposed political bias, but his is the first major formal lawsuit. The social media platform has faced repeated claims that it removes or buries conservative accounts, a practice sometimes called "shadow banning."
Twitter and CEO Jack Dorsey have maintained it does not take action against accounts based on political ideology.