Business

(NEW YORK) — After several of its brightest stars declared support for former President Donald Trump last month, Silicon Valley has now come out in force for Vice President Kamala Harris. Though Silicon Valley remains a stronghold of support for Democrats, the Biden’s administration’s hawkish approach to tech has alienated many in the industry, and […]

(NEW YORK) — Stocks plummeted on Monday as markets worldwide reckoned with a disappointing jobs report last week that fueled concern of a possible recession. When markets opened on Monday morning, the S&P 500 fell about 4% and the tech-heavy Nasdaq dropped more than 6%. The Dow Jones Industrial Average fell roughly 1,000 points, or […]

(WASHINGTON) — Google violated U.S. antitrust laws in maintaining a monopoly over the online search business, a federal judge ruled Monday, in a landmark ruling for the Justice Department in its efforts to rein in big tech giants. D.C. District judge Amit Mehta declared Google violated Section 2 of the Sherman Act, finding the company […]

(NEW YORK) — A worldwide selloff jolted markets on Monday in the aftermath of a weaker-than-expected U.S. jobs report that elicited fear of an economic recession. Japan’s main Nikkei 225 stock index dropped more than 12%, its worst day of trading since 1987. Each of the major U.S. stock indexes plummeted more than 2%. Nvidia, […]

Matteo Colombo/Getty Images (NEW YORK) — Stocks plummeted on Monday as markets worldwide reckoned with a disappointing jobs report last week that fueled concern of a possible recession. The major stock indexes in the U.S. fell more than 2% in early trading. The S&P 500 fell about 4%, while the tech-heavy Nasdaq dropped more than […]

Matteo Colombo/Getty Images (NEW YORK) — Stock futures plummeted on Monday as markets reckoned with a disappointing jobs report last week that fueled concern of a possible recession. Each of the major stock indexes fell more than 2% in pre-market trading on Monday. The tech-heavy Nasdaq dropped nearly 6%. The market downturn triggered calls for […]

(NEW YORK) — The major stock indexes dropped significantly on Friday after a weaker-than-expected jobs report stoked worries of a possible recession. In early trading, the S&P 500 was on pace for its worst trading day in about two years. The Dow Jones Industrial Average had fallen nearly 800 points, or about 2%. The tech-heavy […]

(WASHINGTON) — Former President Donald Trump this week voiced an alarming claim about the alleged threat that immigrants pose to Black workers. “Coming from the border are millions and millions of people who happen to be taking Black jobs,” Trump said at a gathering of the National Association of Black Journalists in Chicago. “They’re taking […]

(NEW YORK) — A weaker-than-expected jobs report on Friday fueled concern about a potential economic recession and calls for an interest rate cut. Employers hired 114,000 workers last month, falling well short of economist expectations of 185,000 jobs, U.S. Bureau of Labor Statistics data showed. The unemployment rate climbed to 4.3%, the highest level since […]

(WASHINGTON) — A weaker-than-expected jobs report on Friday fueled concern about a potential economic recession and calls for an interest rate cut. Employers hired 114,000 workers last month, falling well short of economist expectations of 185,000 jobs, U.S. Bureau of Labor Statistics data showed. The unemployment rate climbed to 4.3%, the highest level since October […]