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Trump ally Tom Barrack pulls SPAC plans after indictment |
A blank-check firm backed by Tom Barrack, the billionaire investor who was chairman of Donald Trump's inaugural committee in 2017 and is a close friend of the former president, has withdrawn plans to take the company public after Barrack was charged with illegal foreign lobbying earlier this week. Read more » |
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Stocks are on track for record highs after a turbulent week |
It's been a turbulent week on Wall Street, starting with a massive selloff over worries about the Delta variant. But by Friday, stocks were on track to hit record highs. Read more » |
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American Express is the Dow's top stock for 2021. Here's why |
American Express is the top stock in the Dow so far this year, and AmEx's earnings on Friday morning show why investors are never leaving home without it. Read more » |
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Welcome to the never-ending chip shortage |
The global shortage of semiconductors that has hobbled the auto industry and made some consumer electronics more expensive could last until the middle of 2023, Intel has warned. Read more » |
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GM again recalls its US electric vehicles over fire threat |
GM is once again recalling nearly 70,000 Chevrolet Bolt electric vehicles because of a risk that the battery will catch fire when the car is parked. Read more » |
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This may be the lowest-rated Olympics ever. NBC shouldn't sweat it |
The Summer Olympics — one of the most-watched events worldwide — officially kicks off in Tokyo this weekend. Read more » |
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