Uber, Doordash plunge after Labor Department proposes change to gig worker classification
The proposed rule sent stocks for gig companies like DoorDash, Lyft and Uber down.
Biden to host fundraiser with John Fetterman in Philadelphia as Senate race with Dr. Oz tightens
The Biden-Fetterman fundraiser comes as Oz, who is backed by Trump, gains ground but is still trailing the Democratic lieutenant governor.
Google selects Coinbase to take cloud payments with cryptocurrencies and will use its custody tool
By lining up a broad deal with Coinbase, Google might pick up an edge against Amazon and Microsoft by letting clients pay with Bitcoin or other digital coins.
Bond yields rise after Bank of England says it will wrap bond buying this week
U.S. Treasury yields traded higher as investors digested Monday’s market retreat and the previous week’s data releases that will guide the Fed’s policymaking.
Goldman says one major issue will plague earnings season. But these stocks won’t be affected
The investment bank expects that U.S. companies that rely on overseas revenue will face challenges this earnings season.
‘This is serious’: JPMorgan’s Jamie Dimon warns U.S. likely to tip into recession in 6 to 9 months
JPMorgan Chase CEO Jamie Dimon warned that a “very, very serious” mix of headwinds was likely to tip both the U.S. and global economy into recession.
Ark’s Cathie Wood issues open letter to the Fed, saying it is risking an economic ‘bust’
The Fed likely is making a mistake in its hardline stance against inflation, Ark Invest’s Cathie Wood said Monday.
‘Life is getting more expensive by the day.’ Amid inflation, 32% of Americans are struggling to pay their bills
The rising cost of living is weighing on consumers, causing more to fall behind on their monthly bills.
HP, Lenovo and Dell see PC shipments continue to decline in Q3, while Apple bucks the trend
Shipments of personal computers continued to decline for the third quarter, according to data from IDC. Apple was the only manufacturer to see shipments rise.
