U.S. Markets News
Uber and its Chinese rival Didi to race in Australia
Uber seems to be facing an ongoing invasion of territory, or perhaps not. Didi Chuxing, the ride-hailing service giant in…
Tax reform spells doom for H&R Block, stock plunges most in 30 years
The early months of the year witnessed several companies reporting unusually large quarterly profits, mostly benefitting from the tax reforms…
Will Fitbit make a terrific comeback?
Well, the analysts at Citron Research seem to think so. Fitbit Inc. (FIT) saw a massive surge yesterday after a…
Chinese battery-maker Contemporary Amperex Tech soars 44% in trading debut
Contemporary Amperex Technology Co. Ltd (CATL), the largest global producer of electric-vehicle batteries, soared by 44% to reach a valuation…
Net neutrality and the AT&T-Time Warner ruling – what’s in it for us?
Two major events are happening this week. The first is that starting today, the net neutrality rules that came into…
White House lifts ZTE ban. But there’s a catch!
The US Commerce Secretary Wilbur Ross said that the US government has entered into an agreement with Chinese telecom giant…
Auto sector is gearing up to cruise through multiple roadblocks
When President Trump delivered on one of his key pre-poll promises by slapping tariffs on steel and aluminum imports a…
Athenahealth CEO leaves; company ponders sale
Jonathan Bush, the chief of Athenahealth (ATHN), has stepped down from his role with immediate effect. The company has begun…
Medicare and Social Security funds are on the verge of drying up!!
The funds for Medicare and Social Security are running out and fast. Medicare funds are expected to dry out by…
Here’s a look at the upbeat US jobs report for May, with graphs!
May was a good month for the US job market, with the unemployment rate declining 0.5 percentage points to 3.8%.…