London (AFP) - British regulators on Friday began searching the London offices of Cambridge Analytica (CA), the scandal-hit communications firm at the heart of the Facebook data scandal, shortly after a judge approved a search warrant.
Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox. President Donald Trump signed the massive $US1.3 trillion spending bill despite an earlier threat to veto it.
Companies that consistently buyback their shares outperform those that regularly pay dividends, according to Citi's Tobias Levkovich. Buybacks have helped support stocks at times when mutual funds and other large investors backed off. Critics of buybacks say that they're often done solely to
Stocks get rocked after Trump's China tariffs ignite trade-war fears. The Dow Jones industrial average cratered more than 700 points, or nearly 3%, Thursday after President Donald Trump announced tariffs on $US50 billion worth of Chinese exports. Global markets are tanking.
Last night's global stock rout which extended into Asia has intensified in afternoon trade. The escalating US-China trade war which rattled global markets overnight has extended into Asian markets -- and it's getting ugly. The S&P500 slumped by more than 2.5% after President Trump announced
With China at the centre of an escalating trade war that has rattled global markets, all eyes were on the Shanghai stock exchange when markets opened at 12:30pm AEDT. The selloff extended a global market rout triggered by the Trump administration's announcement of aggressive tariffs against China
When you're a large, trade-reliant economy watching your two major trading partners raising tariffs against each other, potentially starting a new trade war, your stock market is unlikely to have a good day. This is exactly what's playing out on Friday in Japan, with the Nikkei 225 tumbling
The ASX fell hard in early trade, following a brutal night on Wall Street where the benchmark S&P500 fell 2.5% on fears that the Trump administration is pushing the global economy into a trade war. Mining companies on the ASX have been smashed, with BHP, the world's biggest mining company, down
Washington (AFP) - President Donald Trump was poised to unveil sanctions against China on Thursday for what he called the theft of US intellectual property, fueling fears of a trade war as Beijing vowed to retaliate.
The Dow Jones industrial average dropped more than 3% – or 744 points – at one point. It also sent the CBOE Volatility Index (also known as the "Fear Index") soaring, up more than 20% to a reading of 22. A combination of heightened trade tensions between the US and China, along with lower
US stocks saw deep losses in Thursday trade amid escalating trade tensions as President Donald Trump planned to unveil roughly $US50 billion in tariffs on Chinese exports. Follow the Dow Jones industrial average in real time. US stocks declined Thursday as President Donald Trump announced roughly $
The Volatility Index is spiking as investors fear a trade war with China. The VIX is up more than 20% Thursday, at around 22. The CBOE Volatility Index is soaring Thursday, up more than 20% to a reading of 22.
Based on investor sentiment shifts over the past few months, Morgan Stanley says the equity market has probably already peaked for 2018. On the other hand, Fidelity sector strategist Denise Chisholm uses historical probability analysis to show that things often pick up after such a steep and fast correction
Twitter shares fell as much as 4.22% Thursday. Social media stocks have been getting whacked following news of a massive data breach at Facebook. The breach is prompting concerns about future data regulation, that could hurt social media stocks.
Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox. President Donald Trump announced Thursday that the US will soon impose tariffs on billions of dollars of Chinese imports
President Donald Trump on Thursday announced tariffs on imports of Chinese goods. The move marks an escalation in the trade battle between the US and China. President Donald Trump announced Thursday that the US would soon impose tariffs on billions of dollars of imports from China, a move that could
The Trump administration plans to announce at least $US30 billion in tariffs on China. Boeing led the spiral downward, shedding nearly 4%. Major industrial stocks plummeted Thursday as markets anticipated an announcement that the Trump administration will impose at least $US30 billion in tariffs on
Washington (AFP) - President Donald Trump is poised on Thursday to unveil sanctions against China for the "theft" of US intellectual property, a White House official said, teeing up a second potential confrontation in as many months.