NEW YORK (Reuters) – The S&P 500 edged up and the Nasdaq reached another record closing high on Thursday after the European Central Bank said it would avoid raising interest rates until mid-2019, and data showed U.S. economic strength.
WASHINGTON (Reuters) – With the world’s two largest central banks now pulling back the economic props used to battle multiple crises, a so-far sturdy global recovery faces a new challenge as rising interest rates begin to take hold.
Find out why investors are piling into this group of stocks. …read more […]
(Reuters) – Adobe Systems Inc topped analysts’ profit and revenue estimates for the eighth straight quarter driven by strength in its digital media business, which houses its flagship product Creative Cloud.
CHICAGO (Reuters) – Chicago has selected Elon Musk’s Boring Co to build a $1 billion underground transit system that will whisk people from Chicago’s downtown Loop district to O’Hare International Airport at 150 miles per hour (240 km per hour), the billionaire entrepreneur and Mayor Rahm Emanuel said on Thursday.
SAN FRANCISCO (Reuters) – Facebook Inc said on Thursday that Elliot Schrage, who as head of communications and public policy has led the social network’s response to scandals about privacy and election meddling, would step down from the company after a decade.
(Reuters) – The S&P 500 and Nasdaq closed higher on Thursday after the European Central Bank said it would avoid raising interest rates until mid-2019 and data showed U.S. economic strength.
SAN FRANCISCO (Reuters) – Facebook Inc said on Thursday that Elliot Schrage, who as head of communications and public policy has led the social network’s response to scandals about privacy and election meddling, would step down from the company after a decade.
NEW YORK (Reuters) – The S&P 500 and Nasdaq rose on Thursday after the European Central Bank said it would not raise interest rates until mid-2019, a day after the U.S. Federal Reserve increased its key rate and hinted at two more hikes by the end of 2018.
Robinhood CEO Baiju Bhatt discusses the future of cryptocurrency in an interview with Yahoo Finance’s JP Mangalindan. …read more […]
It was sold by Amazon, which already sells just about anything online but now also hawks discounted seafood, Panini presses and more from what it calls the Treasure Truck. Amazon has also used the trucks to try to bring people into Whole Foods, the grocery chain it bought last year. The inspiration, says Treasure Truck Director Margot Johnson, was the ice cream truck, another store on wheels that pops up unexpectedly. …read more […]
It’s not every day you see a company that employs 75,000 and once had a market …read more […]
Data from the free-trading app Robinhood, popular amongst millennials, showed 7,278 investors bought AT&T shares using the app over the past week. It is unclear as to what specific days the transactions occurred, so it is possible the bulk of the purchases came after the deal’s approval was announced. …read more […]
(Reuters) – U.S. stocks ticked higher on Thursday, after the European Central Bank signaled that any interest rate hike was still far away, even as it moved to end its 2.55 trillion euro stimulus program by the end of the year.
(Reuters) – Canada agreed with the United States on Thursday that slow-moving talks to update NAFTA should continue although they did not set a date for the next round, a senior official said in remarks casting further doubt on the chances of a deal this year.
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