Three computer hackers whose "botnet" known as Mirai virtually paralyzed chunks of the Internet in 2016 have received light sentences after helping the FBI with cybercrime and cybersecurity
Small businesses hit by Hurricane Florence are embarking on what will be for many an uncertain path, recovering and getting up and running again
Alibaba co-founder Jack Ma told the Wolrd Economic Forum that people should "mentally prepare" for 20 years of U.S.-China trade wars. No reporter narration.
According to a report by Business Insider, stock exchanges have been for-profit entities for over a decade, and its a situation which critics claim has created many conflicts of interest. On Wednesday, SEC commissioner Robert J. Jackson Jr., took aim at the exchanges, highlighting the 'puzzling practices' that he claims are unfair to the average investor. Jackson reportedly outlined reforms he hopes to enact, with the ultimate goal of creating a fairer trading marketplace for everyday investors.
Asian markets are mostly higher with narrow trading after news of a fresh round of tariffs by the U.S. on $200 billion in Chinese goods received a muted reaction on Wall Street
The S&P 500 and the Dow rose as rising Treasury yields boosted financial stocks and trade worries subsided. Technology stocks pulled the Nasdaq down. Julia Sun reports.
According to Reuters, the Dow Jones remained upbeat while the rest of Wall Street stayed about flat. The S&P 500 managed to gain about 3-points, while the Nasdaq Composite fell 6-points. But the Dow Jones Industrial Average rose 159-points, to close at 26,406, which is it's highest since January. In recent weeks the S&P and Nasdaq recorded new all-time highs, passing their previous records from January, but the Dow Jones has struggled to get back into record-setting territory.
The trade war with China is hitting the car industry raising costs of everything from tires, to brake pads and engines. Yahoo Finance's Seana Smith, Dion Rabouin, Andy Serwer and Shawn Snyder, Head of Investment Strategy at Citi Personal Wealth Management.
According to Reuters, US stocks rallied for a second day, despite losses for Microsoft, which dragged on the Nasdaq. On Wall Street, the Dow Jones Industrial Average ended the day trading up about 176-points. Propped up by bank stocks and higher Treasury yields, the Dow Jones rose to 26,423-points, which is it's highest since January. The S&P 500 remained about flat on the day, adding about 3-points. But the Nasdaq Composite ended the day down 15-points, in part because Microsoft lost 1.5-percent on the day.
The Trump administration has rolled back an Obama-era rule meant to curb climate-changing pollution caused by huge volumes of natural gas that escapes during drilling
McDonald's workers are staging protests in several cities in what organizers called the first multistate strike seeking to combat sexual harassment in the workplace