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When it finally came on Monday, the announcement from US President Joseph Biden that he was going to nominate Jerome Powell to a second term as Chair of the Federal Reserve, it was anticlimactic;...

Omicron variant pressures global markets; seen as the most heavily mutated yet S&P 500 suffers worst post-Thanksgiving selloff on record Oil plunges more than 12%, drops below $70 Fears of the...

Stocks on Wall Street sold off on Friday, during the shortened, post-Thanksgiving session. The benchmark S&P 500 index suffered one of its biggest losses of the year as fears over a new...

US equity markets are likely to remain volatile during the coming week as investors continue to focus on Omicron, the new coronavirus variant which seems to be spreading quickly, forcing many...

As online shopping increases ahead of the busy holiday season, cybersecurity is in the spotlight. And warnings are being issued advising consumers to pay attention to cyber attacks. For instance,...

Despite emerging as a pandemic-era winner, Zoom Video (NASDAQ:ZM) is finding few buyers these days. Investors are showing no love to the video-conferencing giant on concern that its best growth days...

Dow-30 member 3M is up more than 2.5% in 2021, but down about 7.9% in the past three months. MMM has come under pressure due to supply-chain issues and inflationary worries. Despite further potential...

Investors in asset management group BlackRock (NYSE:BLK) have seen robust gains so far in 2021. BLK stock, which recently traded around $926.80, is up almost 30% year-to-date. Shares hit a record high...

Market attempts to pick direction ahead of Fed minutes Europe gains with higher oil prices Bitcoin struggles Key EventsFutures on the Dow, S&P, NASDAQ and Russell 2000 fell in trading on...

U.S. President Joseph Biden renominated Federal Reserve Chair Jerome Powell to lead the central bank for a second term earlier this week. Lael Brainard, the other top candidate for the job, was picked...

So far, 2021 has brought record highs to the three most-followed US indices—the Dow Jones, the S&P 500 and the NASDAQ Composite. They are up more than 21%, 24% and 26%, respectively.However,...

The US payment behemoth Visa (NYSE:V) has been on a slippery slope since this summer. Its stock, after hitting a record high in the mid-July, has fallen more than 21%, missing out in a powerful rally...

On the surface, it sounds repetitive to say that every company in the cannabis industry is awaiting federal legislation in the US that will legalize marijuana. But that's the only show in town when it...

Bitcoin is on course for its worst back-to-back weekly selloff since it topped out in mid May from then record high levels. The largest cryptocurrency by market cap is currently trading above the...

Powell renomination unnerves markets European stocks plunge on COVID-19 acceleration Dollar slides Key EventsDow, S&P, NASDAQ and Russell 2000 futures were all trading lower on Tuesday following...

A number of health-care and biotech shares have recently been in the spotlight. In early October, Merck (NYSE:MRK)—covered in early November—gave a positive update on molnupiravir, a...