Love it or hate it, a much broader universe of portfolio managers will soon have to take a stance on Tesla's stock, which surged 8% on Tuesday following the announcement that it will join the S&P 500.
The U.S. Senate on Tuesday blocked President Donald Trump's nomination of Judy Shelton to the board of the Federal Reserve, making her the latest in a string of failed nominees to the central bank.
Amazon.com Inc on Tuesday launched an online pharmacy for delivering prescription medications in the United States, increasing competition with drug retailers such as Walgreens , CVS Health and Walmart .
Former United Auto Workers Vice President Joseph Ashton on Tuesday was sentenced to 30 months in prison for accepting kickbacks as part of a wide-ranging federal corruption probe into the union.
Republican senators on Tuesday attacked the chief executives of Facebook and Twitter for what they called censorship of President Trump and his allies during the U.S. election while Democrats bemoaned the spread of misinformation on social media.
U.S. retail sales increased less than expected in October and could slow further, restrained by spiraling new COVID-19 infections and declining household income as millions of unemployed Americans lose government financial support.
The S&P 500 and the Dow retreated from record closing highs on Tuesday as surging cases of COVID-19 and the growing threat of a fresh round of economic lockdowns and weak retail sales data dampened the euphoria caused by potential vaccine breakthroughs.
Saudi Aramco was set to raise $8 billion from a five-part bond deal on Tuesday as the world's largest oil producer seeks cash after low oil prices dented its finances.
A gauge of global stocks held near a record on Tuesday, even as rising coronavirus cases raised concerns about fresh lockdown measures and tamped down recent optimism over promising vaccine trial results.
Social media giant Twitter Inc, under increased threat of regulation and plagued by serious security breaches, is appointing one of the world's best-regarded hackers to tackle everything from engineering missteps to misinformation.
Walmart and Home Depot posted better-than-expected earnings on Tuesday as both U.S. companies benefit from increased sales amid the COVID-19 pandemic. This report produced by Yahaira Jacquez.
U.S. retail sales increased less than expected in October and could slow further, restrained by spiraling new COVID-19 infections and declining household income as millions of unemployed Americans lose government financial support. Fred Katayama reports.
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