Business
Asian Shares Mixed Amid Economic Aid Hopes, Pandemic Fears
Asian shares were mixed Monday as hopes for more U.S. economic aid were countered by fears over spreading damage from the pandemic.
This Week: Job Openings, Delta Earns, Retail Sales
A look at some of the key business events and economic indicators upcoming this week:
Parler Squeezed As Trump Seeks New Online Megaphone
President Donald Trump has been kicked off of most mainstream social media platforms following his supporters siege on the U.S. Capitol. But it remains to be seen how fast or where if anywhere on the internet he will be able to reach his followers.
Closing Prices For Crude Oil, Gold And Other Commodities
Benchmark U.S. crude oil for February delivery rose $1.41 to $52.24 a barrel Friday. Brent crude oil for March delivery rose $1.61 to $55.99 a barrel.
Fed Transcripts Show Doubts About Need For 2015 Rate Hike
Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were making a mistake in raising a key interest rate for the first time in nearly decade.
Airbus To Meet Suppliers Amid Jet Output Concerns, Sources Say
Airbus is planning a summit meeting with major suppliers in coming days, amid mounting speculation that it may have to delay planned jet output increases as Europe faces a resurgent coronavirus crisis, industry sources said on Friday.
Credit Suisse To Slide Into Red As It Sets Aside $850 Million For U.S. Litigation
Credit Suisse said it will sink to a fourthquarter loss after setting aside hundreds of millions of dollars more than previously expected on Friday for a legal dispute over property debt in the United States.
Credit Suisse Forecasts Fourth-quarter Loss After Taking Higher Provisions Over U.S. Case
Credit Suisse on Friday said it expects to book a net loss for its fourth quarter after increasing its provisions for a longrunning dispute in the United States by $850 million.
Bitcoin Crosses $ 40,000-mark, Doubling in Less Than a Month. But What is its Actual Worth?
Will you be able to buy a cup of coffee with bitcoin? Probably not with the current version of Bitcoin.
Online Lender SoFi To Go Public Through Merger With Palihapitiya-backed SPAC
U.S. online lending startup Social Finance Inc (SoFi) said on Thursday it has agreed to go public through a merger with Social Capital Hedosophia Holdings Corp V, a blankcheck acquisition company led by venture capital investor Chamath Palihapitiya.
Didn't Get Your Relief Payment Yet? You Aren't Alone
Didn't get your second relief check yet? You aren't alone.
S&P Dow Jones Says Will Remove ADRs Of Chinese Telecom Companies
S&P Dow Jones Indices said late on Wednesday it will remove the American Depositary Receipts (ADR) of three Chinese telecom companies, China Mobile Ltd,, China Telecom Corporation Ltd, and China Unicom (Hong Kong) Ltd,, from its benchmarks.
Oil Hits 11-month High After Saudi Arabia Pledges Voluntary Output Cut
Oil prices rose on Wednesday to their highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied producers, while industry figures showed U.S. crude stockpiles were down last week.
Some Taxpayers Find Relief Payments Sent To Wrong Account
A number of taxpayers who use tax preparation services, such as H&R Block and TurboTax, say their second relief payments were sent to the incorrect bank account, forcing them to wait longer for their money.
Drugmakers Kick Off 2021 With 500 U.S. Price Hikes
Drugmakers including Abbvie Inc and Bristol Myers Squibb raised U.S. list prices on more than 500 drugs to kick off 2021, according to an analysis by health care research firm 46brooklyn.
Gold Inches Down As Dollar Recovers, Focus Turns To Georgia Race
Gold prices eased on Tuesday after hitting an eightweek high, as the U.S. dollar recovered from multiyear lows ahead of Senate runoff elections in Georgia that will decide the future path of fiscal stimulus in the world's largest economy.