Domestic policy

Meta Is One Of The Worst Performers In The S&P 500 Today, But These 5 Other Stocks Lost $387 Billion In Value

US stocks rise ahead of Fed decision and after Putin steps up war footing

U.S. stock indexes rose on Wednesday, ahead of another sharp interest rate hike expected by the Federal Reserve and after Russian President Vladimir Putin escalated his war on Ukraine. How Stock Indices Trade The Dow Jones Industrial Average DJIA, +0.51% rose 143 points, or 0.5%, to 30,853 The S&P 500 SPX, +0.53% gained 18 points, …

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Why Alibaba and other Chinese tech stocks are an exception to Goldman Sachs' outlook

Why Alibaba and other Chinese tech stocks are an exception to Goldman Sachs’ outlook

Text size Alibaba and other Chinese tech stocks have been battered since early last year. Qilai Shen/Bloomberg Chinese tech stocks have been battered since many hit all-time highs in early 2021, and the situation hasn’t improved much in 2022. That may be a compelling reason to at least take a fresh look at this sector, …

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FTC issues warning to Uber, Lyft, DoorDash and other 'work on demand' companies

FTC issues warning to Uber, Lyft, DoorDash and other ‘work on demand’ companies

The Federal Trade Commission announced Thursday that it plans to crack down on the exploitation of gig workers, who the agency says are entitled to protection regardless of classification. The commission adopted a policy statement that details issues construction workers face — including misleading claims about their wages and hours, unfair contract terms and more …

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Biden has finalized his plan to rein in Big Tech.  Big Tech was not invited.

Biden has finalized his plan to rein in Big Tech. Big Tech was not invited.

President Joe Biden’s administration released a checklist of actions needed to rein in Big Tech on Thursday, following a roundtable “listening session” on issues in the tech industry. But administration officials weren’t “listening” to companies that are the target of many desired actions – Google’s parent company Alphabet Inc. GOOGL, +2.09% GOOG, +2.16%, Amazon.com Inc. …

Biden has finalized his plan to rein in Big Tech. Big Tech was not invited. Read More »