Ten days after the reality of "rampant manipulation" in VIX was exposed yet again, perhaps because this time the market went down, US regulators are reportedly escalating their investigations into whether any wrongdoing occurred within...Show More Summary
Dropbox on Friday released the paperwork it filed to go public, offering new details on its business. The company reported it has 11 million paying users. Although Dropbox was late to pursue the enterprise market, it now has 300,000Show More Summary
The Fed’s biannual policy report to Congress made little mention of the stock market’s fluctuations, but it affirmed plans to raise interest rates.
It has been reported in IQ Magazine that difficulties selling in the US market has caused the move, but Amazon has not confirmed its reason for ending the service.
Men in their prime working years have left the labor force at an astonishing rate and they may never return if the state of the U.S. job market holds, according to a new report from the Federal Reserve Bank of Kansas City.A decline in...Show More Summary
HP announced its fiscal Q1 results on Thursday, February 22. The results exceeded Wall Street expectations as both the Personal Systems and Printing divisions reported growth in revenues and improvements in both market share and product mix. As a result, the company’s stock price rallied by over 5%.
Nordstrom spiked more than 6% Friday after a report it was finalizing plans to go private. The family has been trying for months to leave the public markets, but struggled to find adequate debt financing. Shares of Nordstrom spiked as...Show More Summary
Every January, John Weithas gets a report from the payroll managers for his Pasadena Italian food market that makes him wince. It’s the annual bill for his federal unemployment insurance tax. This year the bill approached $6,000. That’s a big hit for Weithas’ Porta Via Italian Foods, which employs...
Consumer Reports released its annual Top Picks list. Ten cars all from different segments of the market were selected based on its performance in road testing, predicted reliability, safety, and owner satisfaction. Toyota led the way with four cars on the list. Consumer Reports released, on Thursday, its annual list of the top cars on sale in the US. Show More Summary
Angry Birds maker Rovio’s stock price cratered after their latest quarterly earnings report painted a dismal future for the game maker. The stock is down 50 percent after the company sent investors a warning in their latest earnings report that revenues were likely to suffer in 2018. Read More
Once seen as purely a tool for entertainment, social media has become an indispensable marketing tool for many industries over the past few years, rivaled only by word of mouth. According to a first-quarter-2017 report by 4C Insights, overall social media spend was up 60 percent compared with a similar period the previous year. CMO...
Freddie Mac released their Prime Mortgage Market Survey today showing mortgage rates continuing to trend higher. The PMMS report is based on an average of conforming rates from last week. This is the seventh consecutive week that mortgage rates have moved higher based on this report. Historically, our rates are still very low. Don’t believe […]
Uber's CEO pledged to continue investing aggressively in Southeast Asia even though the U.S. ride hailing firm expects to lose money in the fast-growing market. Aleksandra Michalska reports. Video provided by Reuters
The Smartphone market has finally plateaued in growth, experiencing its first decline last year in Q4 2017, reports Gartner. The research firm says this is a consequence of users picking more expensive/quality models (as is demonstrated...Show More Summary
The Rams could use their franchise tag on Lamarcus Joyner and allow wide receiver Sammy Watkins to test the market, Mike Garafolo of NFL Media reports. The Rams might not have enough salary-cap room to keep both. Franchising Watkins projects to cost the Rams $16.2 million, while Joyner’s tag number is expected to be $11.1 [more]
Stocks closed mostly higher Thursday on Wall Street after much of a midday rally faded away by the closing bell, the AP reports. Industrial stocks contributed the most to the market's gains. United Technologies rose 3.3% a day after its CEO said the company may split up. Energy companies...
Pandora stock lost Wednesday's gains and then some on Thursday. Pandora stock had risen as much as 7% in after hours trading Wednesday, after the streamer offered a mixed quarterly report but beat Wall Street expectations with revenue of $395 million, above analyst predictions of $376 million. On Thursday morning,...
Capcom bagged a big 'un. Monster Hunter: World has kept a hold of the Japanese market, finishing as the most-sold game for the past week as reported by Media Create. For the week of February 12 through February 18, Monster Hunter: World moved 85,322 copies, pushing its lifetime sales in Japan to 1,836,291. Show More Summary
CNBC's Diana Olick reports on the state of the housing market as the traditionally strong spring season nears.