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Over the past week, stock markets around the world plunged as distressing news about the spread of the novel coronavirus continued to accumulate. In the United States, the three major stock indexes—the Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500—fell more than 10 percent below their recent peaks, a sharp decline that […]
For the first time ever, there are more iPhones in use in the US than any other type of smartphone. Citing data from analytics firm Counterpoint Research, the Financial Times reports the iPhone overtook the entire Android ecosystem in June to claim 50 percent of US market share. In doing so, Apple achieved its highest-ever […]
A discounted batch of planks is seen as people shop for lumber at a Home Depot store in Alhambra, California on May 4, 2022. FREDERIC J. BROWN/AFP via Getty Images Lumber prices fell 4% to a new 2022 low on Tuesday as the housing market continues to cool off. The decline came on the same […]
The shift to sell its technology to robotics and security companies is an indication that Waymo isn’t placing all its bets on self-driving cars. https://media.wired.com/photos/5c8010ea36d49b72487e2062/master/pass/Waymo-honeycomb_tabletop-FA.jpg
As the returns vanished in recent years, investors lost faith
A ruling on the exact meaning of a complex contract surprises markets
Regulators in both Britain and Europe want to make audits less cosy
The Fed wanted its balance-sheet policy to be dull. It is anything but
But computer risks are harder to handle than physical ones
Where most see peril, a hardy few see profits
