Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 billion.
A rally on Wall Street lost strength on Thursday after the S&P 500 index touched a record high, powered by the Federal Reserve's signals that it could cut interest rates as early as July to combat growing risks to global and domestic growth.
World stock markets gained on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury yield fell below 2% as investors digested a signal from the Federal Reserve of potential U.S. interest rate cuts as soon as its next meeting.
Apple Inc said on Thursday it would recall a limited number of 15-inch MacBook Pro units as their batteries are susceptible to overheating and pose a "fire safety risk".
Apple Inc, Keurig Dr Pepper Inc and Dollar Tree Inc have joined other companies in their opposition to a Trump administration plan for more U.S. tariffs on Chinese goods, including iPhones, Macs, and single-serve coffee brewers.
CNBC analysis using Kensho found that Disney, Verizon and Home Depot were some of the best performing Dow stocks in declining-rate environments.
Kroger Co has room to improve on sales and is looking to its Deluxe Unicorn Swirl ice cream and other store-brand products to boost growth, Chief Executive Rodney McMullen said on Thursday.
Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health check, three sources familiar with the matter said.
Proposed legislation from Sen. Elizabeth Warren (D-Mass.) would give gay couples who are legally married the ability to file amended tax returns and get federal refunds owed to them.
"Caribu helps children 0-7 years old to read and draw with their parents and grandparents through a video-call when they’re not in the same location. Caribu is a game-changer for the hundreds of millions of global families that are separated by distance and need to make memories together with their (grand)children through mobile and tablet [...]
The post Caribu on Wefunder appeared first on Crowditz.
Workers in the gig economy could get short changed when it comes to their Social Security checks in retirement.
The S&P 500 index touched a record high on Thursday, driven Wall Street's expectations that the Federal Reserve will cut interest rates as soon as next month to keep the U.S.-China trade war from stalling economic growth.
World stock markets jumped on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury note yield dipped below 2% as investors digested a signal from the Federal Reserve of potential U.S. interest rate cuts as soon as its next meeting.
Department store operators J.C. Penney Co Inc and Macy's Inc have opposed U.S. President Donald Trump's proposal to include apparel and footwear among the Chinese goods targeted for tariffs.
Longtime Goldman Sachs critic Dick Bove now recommends investors buy the company's stock and says the company is "crushing it."