Wall Street slipped on Tuesday, weighed down by financial stocks as a deepened yield curve raised U.S. recession worries, while uncertainty reigned on the progress of trade negotiations between the U.S. and China.
The U.S. Department of Justice on Tuesday filed criminal charges accusing Anthony Levandowski, a former high-ranking engineer at Alphabet Inc , of stealing the company's self-driving car technology before joining rival Uber Technologies Inc .
U.S. consumer confidence fell less than expected in August, with households still upbeat about the labor market despite an escalation in trade tensions, which has cast a shadow over the longest economic expansion in history.
Philip Morris International Inc and Altria Group Inc are discussing an all-stock merger, potentially reuniting two of the world's largest tobacco companies in a bid to dominate the fast-growing electronic-cigarette market.
Wall Street slipped on Tuesday hurt by a fall in financial stocks, while revived worries about a U.S. recession overshadowed early optimism of a resolution to the prolonged trade dispute between the world's two largest economies.
The U.S. Securities and Exchange Commission (SEC) said on Tuesday that it fined public accounting firm RSM US LLP $950,000 to settle claims it violated the agency's auditor independence rules.
Oil prices were steady to soft on Tuesday, paring earlier gains along with the stock market lower as China dampened optimism for a trade deal with the United States.
The U.S. Department of Defense is in talks with Australia to host a facility that would process rare earth minerals, part of an effort to reduce reliance on China for the specialized materials used in military equipment, a senior American official said.
After an event at Keene State College in New Hampshire, Democratic presidential candidate Joe Biden sketched out his higher education plan.
Wall Street treaded water on Tuesday, as a drop in financials and renewed concerns about a U.S. recession offset early optimism about hopes of a resolution to the protracted trade war with China.
Here are the biggest calls on Wall Street on Tuesday
Public prosecutors on Tuesday raided offices of German exchange operator Deutsche Boerse as part of a broader investigation into a fraudulent share-trading scheme, Cologne public prosecutor's office said.
BlackRock Inc is stepping up opposition to U.S. CEOs who sit on more than one corporate board beside their own, arguing that working as a director takes increasingly more time, a report from the world's largest asset manager showed on Tuesday.
Microsoft is remotely collecting data from users of Windows Home and Windows Pro, in a potential breach of privacy rules, the Dutch Data Protection Agency (DPA) said on Tuesday.
World shares gained on Tuesday as some investors held out hopes for a trade deal between the United States and China, even though they continued to raise tariffs on each other last week.