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U.S. Markets News

Calendar: Earnings of Bank of America, IBM, United Airlines, PepsiCo on queue

Bank of America, IBM, United Airlines, PepsiCo and more earnings are scheduled for the week between April 15 and 19.…

The Walt Disney Co announces launch of Netflix rival streaming service Disney+

From a small cartoon company founded in 1923 by Roy and Walt Disney to a media conglomerate in 2019, the…

High fuel price lifts consumer price index in March; core inflation softens

Core consumer prices rose at a slow pace in the US last month amid softening economic activity both at home…

Pinterest sets IPO price below recent valuation

Joining the new wave of tech startups seeking to enter the stock market, social media company Pinterest on Monday moved…

Boeing stock slips on 737 production cut

Boeing (BA) stock fell on Monday in pre-market trade after the US-listed aircraft maker announced its decision to cut production…

European Union slaps $58 million fine on General Electric

Antitrust regulators in the EU fined US giant General Electric (GE) a mammoth $58.4 million (52 million euro) on Monday…

Calendar: Earnings of Rite Aid, JPMorgan, Wells Fargo on queue

Rite Aid, JPMorgan, Wells Fargo, and more earnings are scheduled for the week between April 8 and 12. Check out…

Tech stocks bounce back on trade hopes, favorable Fed stance

A few months after the tech sector was battered by the biggest selloff in recent times, most technology stocks are…

Bitcoin rally brings new vigor to cryptocurrency market

Proving the skeptics in the investment world wrong, crypto giant Bitcoin bounced back from the recent lows and crossed the…

Feb retail sales dip as consumers cut spending amid slowing economy

In an indication that the US economy is slowing, retail sales declined in February as households reduced their spending on…