EconomyLoop
where regional business news becomes global to everyone

Cryptocurrencies widely plunge after report Goldman is rolling back plans

Prices of bitcoin and other major cryptocurrencies plunged following a report on Wednesday that Goldman Sachs was dropping plans to open a trading desk for cryptocurrencies.... read more

 CNBC41 days ago

     
Uber CEO talks safety, company culture, future IPO and flying Ubers

Uber CEO Dara Khosrowshahi reflects on his first year at the company in a wide-ranging interview with ABC News'Rebecca Jarvis.... read more

 ABC41 days ago
Business Highlights

Business Highlights... read more

 ABC41 days ago
After-hours buzz: DOCU, CLDR & more

See which stocks are posting big moves after the bell.... read more

 CNBC41 days ago
How major US stock indexes fared Wednesday

Technology companies dropped Wednesday as Facebook and Twitter executives testified before Congress... read more

 ABC41 days ago
Adobe and Twitter fall while Vera Bradley jumps

Adobe Systems, Twitter and Halliburton fall while Vera Bradley climbs... read more

 ABC41 days ago
Click-and-collect groceries: Sprouts to test curbside pickup

Sprouts plans to test curbside grocery pickup, following in the footsteps of Walmart, Kroger and other chains that have been expanding the service... read more

 ABC41 days ago
The Latest: Canadian envoy calls NAFTA talks 'constructive'

Canadian envoy calls NAFTA trade talks with US 'constructive,' cites 'good will' on both sides... read more

 ABC41 days ago
Netflix shares decline after failing to hold key chart level

Bespoke Investment Group says Netflix stock's inability to stay over an important moving average may have contributed to its sharp decline.... read more

 CNBC41 days ago
Apple's Netflix-competitor video service will make more than $4 billion by 2025, Morgan Stanley says

Morgan Stanley reiterates its overweight rating for Apple shares, saying investors are underestimating the strength of its services business.... read more

 CNBC41 days ago
Trump team and Canada officials resume talks to revamp NAFTA

Trump team and Canada officials resume negotiations to revamp NAFTA... read more

 ABC41 days ago
Don't go! Surging business sales make staff retention a must

As the number of small business sales keeps rising, staff retention is a priority... read more

 ABC41 days ago
Amazon orders 20,000 vans to build delivery fleet

Amazon says it has ordered 20,000 vans for its new delivery program in which contractors around the country can launch businesses that deliver Amazon packages... read more

 ABC41 days ago
White House says wages are growing faster than 'traditional measures' indicate

Many of the ways that wages are measured are underestimating the amount of gains for American workers, the White House said Wednesday in a report.... read more

 CNBC41 days ago
Don't go! Surging business sales make staff retention a must

As the number of small business sales keeps rising, staff retention is a priority... read more

 ABC41 days ago
Don't go! Surging business sales make staff retention a must

As the number of small business sales keeps rising, staff retention is a priority... read more

 ABC41 days ago
US trade deficit jumps by the most in 3 years

The U.S. trade deficit increased to a five-month high in July as exports of soybeans and civilian aircraft declined and imports hit a record high.... read more

 CNBC41 days ago
1 in 10 Americans say they'll be in debt for the rest of their lives — reality is way worse

More than 40 percent of Americans think they'll have their debt paid off in one to five years, according a study by Northwestern Mutual.... read more

 CNBC41 days ago
It's better to rent than to buy in today's housing market

Fast-rising home prices and higher mortgage rates have made it both cheaper and a better investment to rent a home than to buy one.... read more

 CNBC41 days ago
Oil and gas executives aren't really getting paid for their skills — they're getting paid for luck

Two energy economists in The Conversation look into how much the top oil and gas executives earn, particularly when their companies are earning large profits.... read more

 CNBC41 days ago
Your first trade for Wednesday, Sept 5

The "Fast Money" traders share their first moves for the market open.... read more

 CNBC41 days ago
Edmunds highlights 10 notable new cars for 2019

Edmunds looks at 10 new vehicles and significant redesigns on the automotive horizon for 2019... read more

 ABC41 days ago
Stocks slide ahead of US-Canada trade talks; tech lags

Stocks in the US and Europe are falling as investors wait for the US and Canada to resume trade talks and big technology companies take losses... read more

 ABC41 days ago
Markets Right Now: Stocks mostly lower as tech companies dip

US stocks are mostly lower as technology companies including Facebook and Twitter take modest losses as the start of Congressional hearings over their efforts to prevent election meddling... read more

 ABC41 days ago
Bitcoin falls after Goldman reportedly drops crypto trading plans

Goldman Sachs is dropping its plan to open a trading desk for cryptocurrencies, Business Insider reported Wednesday, as the firm sees the regulatory environment as ambiguous.... read more

 CNBC41 days ago
GE shares fall after UBS cuts price forecast, sees 'vicious cycle' in power business

UBS lowers its price target for GE shares to $13 from $16, citing pricing pressures and share losses in the power market.... read more

 CNBC41 days ago
Stocks making the biggest move premarket: HDS, GE, WMT, ANTM, RH & more

Names on the move ahead of the open.... read more

 CNBC41 days ago
Correction could wipe out record gains before year's out, Invesco top market watcher warns

Invesco's Kristina Hooper sees trouble brewing around the trade war and economic policy.... read more

 CNBC41 days ago
Defying Trump, US trade deficit widened to $50.1 billion in July on record imports

Defying Trump, US trade deficit widened to $50.1 billion in July on record imports... read more

 ABC41 days ago
US trade deficit widened to $50.1 billion in July

Defying Trump, US trade deficit widens to $50.1 billion in July on record imports... read more

 ABC41 days ago
China points to other gains in hopes of easing US trade ire

China seeks to defuse US pressure over technology policies by highlighting other trade-related gains... read more

 ABC42 days ago
Asian stocks sink after Wall Street losses

Asian stock markets sink following Wall Street losses as trade tensions loom... read more

 ABC42 days ago
As Mercedes unveils its electric SUV, Tesla's stock slumps

Mercedes-Benz has unveiled an all-electric SUV that it plans to start producing next year in Germany, the latest to challenge Tesla in luxury electric car market... read more

 ABC42 days ago
After-hours buzz: RH, CAL & more

See which stocks are posting big moves after the bell.... read more

 CNBC42 days ago
Business Highlights

Business Highlights... read more

 ABC42 days ago
A look at companies embroiled in recent political debates

A look at companies that have recently been pulled into America's political turmoil... read more

 ABC42 days ago
Nike's Colin Kaepernick 'Just Do It' campaign is controversial, but on brand: Expert

Will Nike's star placement of Colin Kaepernick hurt its bottom line?... read more

 ABC42 days ago
Nike and JD.com slip; State Street and Ocean Rig UDW rise

Nike and JD.com fall while State Street and Ocean Rig UDW advance... read more

 ABC42 days ago
After a Starbucks opens in town, housing prices tend to rise, Harvard study finds

Each entry of a Starbucks into a ZIP code is associated with a 0.5 percent increase in housing prices within a year, the paper found.... read more

 CNBC42 days ago
Canaccord analyst sees 10% jump for Apple as iPhone continues to gain market share

Apple shares have been on fire lately and will add to their gains as the company's flagship product, the iPhone, increases its market share, an analyst at Canaccord Genuity predicts.... read more

 CNBC42 days ago
Seagate, Western Digital shares plunge after analyst downgrades both storage stocks due to pricing pressure

Evercore ISI lowers its rating to underperform from in line for Seagate shares and reduces its rating to in line from outperform for Western Digital's stock.... read more

 CNBC42 days ago
Amazon becomes second publicly traded US company to reach $1 trillion in market value

Amazon becomes second publicly traded US company to reach $1 trillion in market value... read more

 ABC42 days ago
Amazon is 2nd US company to reach $1 trillion market value

Amazon has become the second publicly traded company to be worth $1 trillion, hot on the heels of Apple... read more

 ABC42 days ago
Amazon becomes second publicly traded US company to reach $1 trillion in market value; Apple was first

Amazon becomes second publicly traded US company to reach $1 trillion in market value; Apple was first... read more

 ABC42 days ago
AMD shares soar after Wall Street analysts predict big gains against Intel

Jefferies reiterates its buy rating on AMD shares, citing the chipmaker's technology advantage over Intel.... read more

 CNBC42 days ago
Correction: Trade-US-Canada story

Correction: Trade-US-Canada story... read more

 ABC42 days ago
US SUV sales surge again in August

Consumers have been shifting away from traditional passenger cars for larger, more comfortable SUVs and pickup trucks.... read more

 CNBC42 days ago
US factories grew at faster pace in August

Survey: US manufacturers expanded at faster pace in August as industry continues to be healthy... read more

 ABC42 days ago
US stocks slip as technology companies open lower

US stocks are lower as technology companies decline... read more

 ABC42 days ago
JP Morgan's top quant warns next crisis to feature flash crashes and social upheaval not seen since 1968

J.P. Morgan Chase's head quant Mark Kolanovic envisions the next financial crisis in a report sent to clients on Tuesday.... read more

 CNBC42 days ago