Joshua Roberts | Getty Images Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the U.S. Federal Reserve in Washington, November 28, 2017. Federal Reserve Chairman Jerome Powell downplayed concerns over recent market volatility, arguing Tuesday that the dramatic swings …

Simon Dawson | Bloomberg | Getty Images A lock screen from a cyber attack warns that data files have been encrypted on a laptop computer in this arranged photo. Ransomware is the 21st century’s answer to extortion and the number of cyberattacks involving the malicious software is surging, according to …

Getty Images Ulysses Hernandez (L), an insurance agent from Sunshine Life and Health Advisors, speaks with Yuricel Duran as she shops for insurance under the Affordable Care Act at a store setup in the Mall of Americas on November 1, 2017 in Miami, Florida. A coalition of 20 U.S. states …

Equity markets in the U.S. are on the road to recovering post-correction losses, but European stocks may be set to stall out, according to a recent Oppenheimer report. The Euro Stoxx 50 index — composed primarily of blue-chip names in major Eurozone markets such as Germany, France and Italy — …

Zhang Peng | LightRocket | Getty Images A robot on show at the Beijing International Consumer electronics Expo on July 8, 2017. China’s total spending on research and development is estimated to have hit 1.76 trillion yuan ($279 billion) last year — a year-on-year increase of 14 percent, China’s science …

Getty Images A man checks out a model S&W500 handgun at the Smith & Wesson booth during the 2016 National Shooting Sports Foundation’s Shooting, Hunting, Outdoor Trade (SHOT) Show at the Sands Expo and Convention Center in Las Vegas, Nevada. Australia banned automatic and semi-automatic weapons in response to the …

News Monday that digital payments company Circle has bought cryptocurrency exchange Poloniex is stirring speculation of more acquisitions in the young digital currency world. “I think this is a really good sign for the industry. It shows that a lot of companies are going to start consolidating and that will …

Gun makers are again the center of a national debate over how to put an end to mass shootings, and their stocks are trading like things are different this time. Several major U.S. companies have dropped their associations with the National Rifle Association in the last few days, less than …

Investors should only consider cryptocurrencies such as bitcoin if they are prepared to lose everything, BlackRock Investment Institute said in its weekly report Monday. “We see cryptocurrencies potentially becoming more widely used in the future as the markets mature. Yet for now we believe they should only be considered by …

Mark Ralston | AFP | Getty Images Shoppers push loaded up carts at a Target store in Culver City, California. Target shares will thrive this year because of the improving economic environment for its customers, according to one Wall Street firm. Credit Suisse initiated coverage on Target stock with an …