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The Nasdaq Composite entered bear market territory Thursday as Wall Street sold off pricey technology stocks amid steep valuations, increased regulatory concerns and fears of slowing economic growth. The index fell more than 2 percent on Thursday at one point, bringing it down more than 20 percent from its record …
Read More »Monthly Archives: December 2018
Democrats will hold 12 debates for the 2020 presidential contest
George Frey | Getty Images DNC Chairman Tom Perez, speaks to a crowd of supporters at a Democratic unity rally at the Rail Event Center on April 21, 2017 in Salt Lake City, Utah. The Democratic National Committee announced on Thursday that it will sanction 12 upcoming presidential primary debates, …
Read More »Twitter plummets after Citron Research calls it ‘toxic’
Anushree Fadnavis | Reuters Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Twitter plunged nearly 12 percent on Thursday after a report from an investor group that called the company “toxic” to advertisers and …
Read More »Trump’s sudden Syria pullout will embolden ISIS and Iran, allies warn
DELIL SOULEIMAN | AFP | Getty Images A member of the US forces stands guard during a meeting between US special Presidential Envoy for the Global Coalition to Counter IS and the Tabqa Civil Council in the town of Tabqa, about 55 kilometres (35 miles) west of Raqa city, on …
Read More »Treasury Secretary Mnuchin says market reaction to rate hike ‘overblown’
Al Drago | Bloomberg | Getty Images Steven Mnuchin, U.S. Treasury secretary, speaks during a Financial Stability Oversight Council (FSOC) meeting at the U.S. Treasury in Washington, D.C. Treasury Secretary Steven Mnuchin on Thursday said that the stock market’s plunge after the rate hike announced by Federal Reserve Chairman Jerome …
Read More »Twitter ‘toxic’ to investors and advertisers: Citron Research
Drew Angerer | Getty Images Twitter chief executive officer Jack Dorsey testifies during a Senate Intelligence Committee hearing concerning foreign influence in use of social media platforms, on Capitol Hill, September 5, 2018 in Washington, DC. Citron Research set a new $20 a share price target for Twitter on Thursday …
Read More »As Trump holds out for border wall funding from Congress, GoFundMe raises over $3 million in 3 days
Leah Mills| Reuters A migrant child sleeps while he is carried by family as fellow migrants, all part of the caravan of migrants who traveled from Central America with the intention of crossing into the U.S., walk to the border fence in order to cross into the U.S. from Tijuana, …
Read More »USDA lays out the rules for labeling for genetically modified foods
Chip Somodevilla | Getty Images Delegate Vani Hari holds signs that say ‘Label GMOs’ during day two of the Democratic National Convention at Time Warner Cable Arena on September 5, 2012 in Charlotte, North Carolina. As early as Jan. 2020, consumers around the U.S. will see labels on food products …
Read More »DOJ charges Chinese nationals for ‘extensive’ global hacking campaign
Brendan Smialowski | AFP | Getty Images Deputy Attorney General Rod Rosenstein listens as US Supreme Court nominee Brett Kavanaugh attends the first day of his confirmation hearing in front of the US Senate on Capitol Hill in Washington DC, on September 4, 2018. The Justice Department on Thursday announced …
Read More »Airbus shares sink on reports of DOJ probe
Regis Duvignau | Reuters An Airbus A220-300 aircraft, a new brand for the CSeries passenger jet acquired from Canada’s Bombardier, flies during its unveiling in Colomiers near Toulouse, France, July 10, 2018. Airbus shares slumped 9 percent Thursday morning on reports the company is being investigated by the U.S. Department …
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