Bank of England Governor Andrew Bailey. Dan Kitwood/WPA Pool/Getty Images The pound after the Bank of England said it's closely monitoring financial markets. The BoE didn't say it would take emergency action to stem the decline of the pound, which hit a record low earlier Monday. The pound fell by nearly 2% after the […]
Oil prices slumped on Friday with the Brent crude benchmark falling to the lowest point in 18 months – below $ 53 per barrel. It comes after the US Federal Reserve hiked interest rates, spooking the market. US crude benchmark West Texas Intermediate (WTI) fell nearly 1 percent to $ 45.32 a barrel, also marking […]
REUTERS/Lucas Jackson Stocks erased gains for the year Tuesday, dragged lower by the biggest technology companies. FAANG stocks entered a bear market, marking the first in seven years for Google parent Alphabet. Follow the US indexes in real time here. Wall Street erased yearly gains Tuesday as high-flying technology companies plummeted into a bear market, adding […]
In the last few years, there’s been a major shift as to how consumers interact with social media. Rather than posting content that lives on the platform in perpetuity, users are now posting and viewing more “Stories,” video or images that live for only 24 hours.Business Insider Intelligence Many platforms have introduced some form of […]
Global stocks fell as investors continued to parse the impact of ongoing tensions over trade between the U.S. and China. The Dow industrials fell more than 300 points in early trade.
It’s like the designer *wanted* people to crash in excellent viral videos. https://media.wired.com/photos/5b243ca111196626aaeb16ae/master/pass/slide-742263479.jpg
Lucas Jackson/Reuters Stocks fell on Tuesday, with the Dow Jones industrial average closing in the red for the first time in eight sessions, as bond yields spiked to multi-year highs on the back of strong economic data and the US entered another round of trade talks with China. The dollar rose against its major peers. […]
The global equities swoon deepened in Europe and Asia, as market participants dumped stocks amid escalating trade tensions.
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SEOUL — Shares in Hyundai Motor tumbled on Monday on a U.S. probe into why airbags failed to deploy in some of its Sonata sedans, with investors fretting about potential recall costs for the once popular cars. The probe, which follows crashes that reportedly killed four people and left six injured, will review the 2011 […]