NEW YORK (AP) — Another slide for a Wall Street heavyweight Nvidia kept US indexes mixed on Monday, even as most stocks rose. The S&P 500 fell 0.3% to retreat further from the record set last week. The decline for Nvidia and other winners of Wall Street’s artificial intelligence boom dragged the Nasdaq composite down … Read more
Here are the top five things investors need to know to start day trading: 1. Smooth sailing of S&P 500 was down 0.16% on Friday, but still posted a 0.6% gain for the week. The broad market index’s recent gains have come with relatively little volatility. The S&P 500 has gone 377 days without a … Read more
LONDON (AP) – European Union regulators on Monday issued their first charges under the bloc’s new law regulation of digital competitionaccusing Apple of preventing app creators from directing users to cheaper options outside of its App Store. The European Commission said that according to preliminary findings of its investigation, restrictions the iPhone maker places on … Read more
The millionaire investment banker who punched a woman in the face during a Pride event in Brooklyn earlier this month has resigned from his job, the company said Monday. Jonathan Kaye, head of the global business services franchise at Moelis & Co. based in Manhattan, was caught punching the anti-Israel protester in Park Slope on … Read more
NEW YORK (AP) – North American auto dealers continue to struggle with major disruptions that began last week with cyberattacks on a software company widely used in the auto retail sector. CDK Global, a company that provides software to thousands of car dealers in the US and Canada, was hit by cyber attacks on Wednesday. … Read more
A Shein pop-up store at ABC Serrano in Madrid, Spain, April 26, 2024. Alejandro Martinez Velez | Europa Press | Getty Images Shein, the fast-fashion giant with ties to China, has confidentially filed for a public listing in London after facing strong backlash in the U.S., a person familiar with the matter told CNBC. The … Read more
WASHINGTON (AP) – The Biden administration is announcing new steps to increase access to affordable housing as still-high prices for groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Secretary of the Treasury Janet Yellen will promote the new investments Monday during a visit … Read more