Investment

U.S. stocks are seen opening lower Thursday, continuing the previous session’s selloff ahead of the release of widely-watched economic data, speeches from Federal Reserve policymakers and important corporate earnings. At…

Microsoft Corp (NASDAQ:MSFT) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for…

South Korea’s President Yoon Suk-yeol on Thursday called for strengthening the resilience of global supply chains, describing it as one of the most urgent tasks facing the international community. Yoon…

U.S. stocks turned lower on Wednesday despite economic data on retail sales and producer prices that eased fears about interest rate hikes. At 11:10 ET (16:10 GMT), the Dow Jones Industrial…

NASA said on Wednesday it awarded $425 million to Boeing (NYSE:BA) Co for the agency’s “Sustainable Flight Demonstrator” project as the Biden administration works to cut aviation sector emissions.  Boeing…

Stocks and oil prices dipped on Thursday after weak U.S. consumer data rekindled global recession worries, while Japan’s yen reared up again as traders took fresh punts that the Bank…

Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla (NASDAQ:TSLA) but for now it’s stuck in the slow lane on its rival’s home…

U.S. stocks were falling on Wednesday as investors studied data that showed the economy was cooling. At 12:56 ET (17:56 GMT), the Dow Jones Industrial Average was down 429 points or 1.3%,…

The S&P 500 and the Dow lost almost 2% on Wednesday, their biggest daily drops in more than a month, after weak economic data fueled recession worries while hawkish comments from Federal…

European stock markets fell Thursday, following the weaker global sentiment as investors fretted about the possibility of a recession this year. At 04:10 ET (09:10 GMT), the DAX index in Germany traded…