Getty Images Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill February 27, 2018 in Washington, DC. The Federal Reserve on Tuesday proposed new capital rules that could allow some large banks to reduce their capital reserves. …

Facebook shares surged 4.5 percent on Tuesday as CEO Mark Zuckerberg appeared before U.S. lawmakers on Tuesday. The stock was already up about 2.5 percent at 2:20 p.m. ET, around the time the hearing was set to begin. Facebook shares hit a high of $195.32 per share in February, but …

Goldman Sachs still isn’t convinced Tesla will be able to meet even its Model 3 production targets. “We believe the sustainable production rate for the second quarter of 2018 is most likely below the 2,000 vehicle mark the company achieved in the final week of the [first] quarter,” Goldman analyst …

If U.S. stock investors believe Chinese President Xi Jinping’s latest speech will significantly tone down the escalating trade dispute, some geopolitics analysts think otherwise. “There was nothing new in that speech. … What was included was incremental steps to expand market access,” said Scott Kennedy, a China expert at the …

Sushil Kumar | Hindustan Times | Getty Images (R-L)Sandeep Kataria, Director Commercial Vodafone India; Reed Hastings, Co founder and CEO, Netflix and Himanshu Patil , COO Videocone d2h Limited at Netflix’s Multi-Platform Parterships Annoucement on March 6, 2017 in New Delhi, India. Netflix shares will rise as the streaming giant …

Bill Clark | CQ Roll Call | Getty Images Facebook CEO Mark Zuckerberg arrives for his meeting with Sen. Bill Nelson, D-Fla., in the Hart Senate Office Building on Monday, April 9, 2018. Zuckerberg is on Capitol Hill to testify before the House and Senate this week. Hedge funds hiked …

The total number of high profile investors and venture capital funds continues to increase in 2018 – a trend Space Angels traces back to 2009. Andreeseen Horowitz and Accel Partners are the latest Silicon Valley funds to back space ventures, with the former investing in satellite start-up Astranis and the …

In order to value bitcoin and predict future prices, analysts at Barclays came up with a model that likens it to an infectious disease. Like flu season, the mania around cryptocurrency and subsequent price spikes could be coming to an end. “Like infection, transmission – especially to those with ‘fear …

Fabian Bimmer | Reuters Volkswagen CEO Matthias Mueller addresses a news conference at Volkswagen’s headquarters in Wolfsburg, Germany, on September 25, 2015. Volkswagen plans to replace CEO Matthias Mueller as the German automaker takes another step to move past the lingering effects of its 2015 diesel emissions scandal, according to …

SeongJoon Cho | Bloomberg | Getty Images President of China, Xi Jinping. Shares of U.S. automakers jumped Tuesday after China’s president unveiled a plan to “open” the country’s economy. Tesla rose 4.5 percent while Fiat Chrysler climbed 2.6 percent, Ford Motor rose 2.1 percent and General Motors gained 1.9 percent. …