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The two top members of the Senate Intelligence Committee on Tuesday urged the Federal Trade Commission to investigate TikTok and its parent company over how it handles user data. Read Full Story Read More »
The Food and Drug Administration said it would allow Juul Labs Inc. to stay on the U.S. market while the e-cigarette maker appeals the agency’s ban on its products. Read Full Story Read More »
The new season of “Stranger Things” has become Netflix’s second series ever to rack up more than 1 billion hours watched in its first month. Read Full Story Read More »
After digging out from a nearly 50-year low, homeownership in America is slipping back to levels from the 1980s, when mortgage costs were skyrocketing, according to Mizuho Securities. Read Full Story Read More »
The Wall Street Journal: Court deals blow to SEC’s bid to overhaul market-data feeds from Nasdaq, NYSE
A federal court partly rejected a Securities and Exchange Commission plan to loosen the control that stock exchanges have over public market-data feeds, handing a victory to Nasdaq Inc. and the New York Stock Exchange. Read Full Story Read More »
The Moneyist: ‘This will be an expensive trip’: I’ve been invited to a destination wedding in New Orleans. I live in L.A. Is it tacky to ask the bride if I can bring a plus-one?
‘We don’t have many mutual friends anymore, and those we do have are married, so I won’t be able to share a hotel room with anyone.’ Read Full Story Read More »
The Wall Street Journal said late Tuesday Walmart Inc. has warned some of its suppliers that it will charge new fees to transport their goods to warehouses and to stores, thanks to rising fuel prices. The companies using Walmart will ... Read More »
Market Extra: Expect the stock market to be driven ‘more by earnings than the macro’, says Morgan Stanley’s Wilson
Earnings season gets under way in less than 10 days. Read Full Story Read More »
U.K. Prime Minister Boris Johnson has appointed Nadhim Zahawi to be the new chancellor of the exchequer, according to a tweet from No. 10 Downing Street. The appointment comes after Rishi Sunak and Sajid Javid both dramatically quit the prime ... Read More »
Earnings Results: In a worrisome sign for e-commerce, Kornit Digital slashes forecast and stock plunges 20%
In a sign of a continuing downfall in e-commerce activity, Kornit Digital Ltd. slashed its forecast for the second quarter Tuesday and suggested the third quarter isn’t expected to be much better, sending shares into a spiral in after-hours trading. ... Read More »