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News
World shares retreat and oil prices trade above $100 a barrel
2+ day, 19+ hour ago (690+ words) The future for the S&P 500 rose 0.2% and that for the Dow Jones Industrial Average was up 0.4%. In Germany, the DAX fell 0.2% to 25,535.88. The CAC 40 in Paris edged 0.2% higher, while Britain's FTSE 100 lost 0.2% to 10,651.40. The price of Brent crude jumped…...
Oil prices keep rising and weigh on Wall Street
4+ day, 18+ hour ago (453+ words) The S&P 500 dipped 0.2%. The Dow Jones Industrial Average was down 477 points, or 0.9%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% lower. In the oil market, the price for a barrel of Brent crude rose 0.9% to $97.85 after briefly climbing…...
China's Huawei Technologies faces racketeering trial in New York
5+ day, 1+ hour ago (385+ words) Jury selection is scheduled to begin Tuesday. The indictment alleges that, besides stealing trade secrets, Huawei and some of its subsidiaries did business in North Korea despite U.S. sanctions there and installed surveillance equipment that helped Iran spy on protesters during…...
Stocks fall after a surprisingly strong jobs report raises prospects of an interest rate hike
1+ week, 1+ day ago (598+ words) MySA...
Nvidia to spend $13 billion on Hugging Face, leaving it as an open source platform
1+ week, 2+ day ago (298+ words) Computer chip company Nvidia is buying artificial intelligence software platform Hugging Face for $12.93 billion. Nvidia CEO Jensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more than 3 million…...
Paxton promises to ban Chinese technology and chatbots that endanger children in data center platform
2+ week, 5+ day ago (76+ words) WASHINGTON — Attorney General Ken Paxton on Monday pledged to ban Chinese technology from U.S. data centers and hold companies criminally liable if their...
Wall Street holds near its record following the latest weak update on the US economy
4+ week, 1+ day ago (560+ words) The S&P 500 edged up by 0.1%, coming off its all-time high set the day before. The Dow Jones Industrial Average was down 27 points, or 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% higher. Treasury yields also held relatively steady…...