The Federal Reserve begins its two-day policy-making meeting today and not much news is expected, as has been the case ahead of many of the most recent meetings.
It was one week ago this Tuesday that a hacked AP account tweeted, “Breaking: Two Explosions in the White House and Barack Obama is injured” to its 1.9 million followers. Moments later, the @AP twitter handle released a statement saying they had been hacked and that President Obama was fine, but the markets had already reacted
Almost four years after the Great Recession officially ended in June 2009, the U.S. economy remains mired in sluggish growth with high unemployment and stagnant wages
Gold soared Friday morning to just below $1,475 an ounce, but by the afternoon the gains were gone and gold was down almost $9 an ounce.
Provided by Business Insider Billionaire hedge fund manager George Soros has reported a 7.91% passive stake in JCPenney, according to a securities filing with the SEC. The news sent JCPenney ( JCP ) shares soaring 7% in after-hours trading Thursday.
Reports of the cupcake’s demise are premature. The popularity of the cupcake – an all-American sugary treat that comes in various (and delicious) fillings, frostings, and decorations – exploded in recent years with gourmet and artisanal shops popping up across the country. Cupcakes soon became a “trendy” and stylish dessert to indulge in and cable networks aired shows like Cupcake Wars and DC Cupcakes that helped fuel more demand for cupcakes
Netflix ( NFLX ) is on top of its game. With 29.17 million paid subscribers in the U.S., popular original programming and new licensing deals, the company seems unstoppable. There is one large problem that stands in Netflix’s way
Fiat, Italy’s biggest manufacturer, is reportedly considering buying the 41.5% of Chrysler that it doesn’t already own, then taking the combined company public in a new IPO.
For the past five years, a fierce war of words and policies has been fought in America and other economically challenged countries around the world.
Provided by Business Insider's Jay Yarow The market's reaction to Apple's earnings is not good. The stock is down 3% this morning, pre-market, sending shares to $393. This drop is actually worse than it sounds.