FTC’s move to block Meta’s acquisition of VR firm ‘historic’ but ‘risky,’ says antitrust advocate
admin The Federal Trade Commission’s decision to sue Facebook parent company Meta Platforms Inc. over its…
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Intel stock plummets after wide earnings miss, execution mistakes
Intel Corp. shares plunged in the extended session Thursday after the chip maker missed Wall…
Read MoreHouse passes $280 billion package for chips, scientific research and Biden set to sign bill into law — here’s what’s in it
In a 243-187 vote on Thursday, the House approved a $280 billion bill focused on…
Read MoreDow up 200 points, stocks hit 6-week highs as investors shrug off weak GDP number
U.S. stocks rallied to their highest level in more than six weeks Thursday as investors…
Read MoreU.S. stocks erase part of post-Fed rally after GDP report
U.S. stocks turned lower Thursday, erasing some of Wednesday’s spectacular post-Fed rally. How stocks are…
Read More‘Purchase demand continues to tumble’: Mortgage rates fluctuate, fall slightly on the back of the Fed’s rate hike
The 30-year fixed-rate mortgage averaged 5.3% for the week ending July 28, according to data…
Read MorePost-Fed euphoria wears off as U.S. stock futures trade lower
U.S. stock futures edged lower Thursday after a euphoric reaction to a comment that the…
Read MoreFacebook revenue declines for first time, and Meta’s downfall is expected to get worse
The second quarter was as bad as Meta Platforms Inc. executives feared, and the third…
Read More‘It will be mostly a white-collar recession’: Milken economist William Lee on how the next economic downturn will be different
“It will be mostly a white-collar recession. And the blue-collar recession will not be in…
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Opinion: Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?
Yahoo was once the most popular website on the planet, the only place that everyone…
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