Sofia Pitt,’s Posts

Stocks dropped on Friday as a decline in Apple pushed the technology sector lower. A rise in interest rates also kept a lid on equities.

Wells Fargo is shelling out $1 billion in penalties to regulators. Affected car and home loan borrowers can expect to get their money back. Here’s what they should know.

Further escalation of trade tensions could raise worries about the global economic recovery, a top Federal Reserve official said Friday.

Companies have been crushing earnings so far this quarter, but a strange trend is developing: Those that beat expectations are seeing their stock price fall.

Mortgage rates, which loosely follow the 10-year Treasury, hit their highest level since the end of March, breaking out of a tight range where they’d been sitting for weeks.

U.S. stocks fell on Thursday after a major Asian chipmaker delivered a disappointing forecast which dragged the technology sector lower.

Allergan will not bid for Shire, according to sources close to the company.

A critical shortage of houses for sale caused home prices in March to take the biggest leap in four years.

Taiwan Semiconductor Manufacturing gave disappointing sales guidance for its second quarter due to the weak smartphone market.

Stocks rose slightly on Wednesday as some of the biggest U.S. companies reported strong quarterly results, lifting investor sentiment.

If Beijing relaxes foreign ownership limit in its auto industry, international companies may seek greater or full control of their ventures in China — a move that would hurt their local partners, analysts at Daiwa Capital Markets said.

Netflix added more users than expected during the first quarter of 2018. But one analyst says this is only the beginning, that the company will add 70 million more subscribers by the end of 2020.

The senators join the growing chorus of people calling on the Food and Drug Administration to help stop Juul’s popularity among kids and teens.

CoStar Group has calculated already more than 90 million square feet of retail space (including Bon-Ton) is set to close this year.

Amazon CEO Jeff Bezos has published his latest annual shareholder letter.