Posts From Rachel Long

President Trump cheered last week that the “raging” economy is at an “all-time high,” mirroring optimism on Wall Street and Corporate America about a stellar year for growth. Unfortunately, predictions for first-quarter economic growth have plunged in recent weeks, signaling

 The world’s financial leaders sought on Monday to endorse free trade amid concerns over U.S. tariffs on steel and aluminium, while the United States said it could not sacrifice its national interests to make the system work. Finance ministers and

1. Facebook falters: Shares in Facebook (FB) are down about 3% in extended trading after weekend revelations about a data controversy prompted renewed scrutiny of the social media giant. Concerns have grown about how Facebook user data was used to

  1. Retail watch: Shares in Sears (SHLD) are set to surge Thursday after the retailer reported better-than-expected fourth quarter results and a boost to profit from US tax changes. Another major retailer — Toys “R” Us — has announced

A former senior executive at Equifax Inc. was criminally charged for allegedly selling almost $ 1 million worth of shares before the company’s announcement last year that it had suffered a massive data breach. Jun Ying, Equifax’s ex-chief information officer

Even as the price of cryptocurrencies such as Bitcoin slid Wednesday amid troubling news from the International Monetary Fund and Google, the cryptocurrency craze nevertheless helped lift shares of payments processor Square in the same day. Square (sq) gained over

Trade jitters continue to weigh on Wall Street. The Dow slid as much as 338 points on Wednesday as President Trump escalated threats to clamp down on Chinese trade. That set off fears of retaliation from the world’s second largest

  Two top free trade advocates have left the Trump administration in one week — just as fear of a trade war ramps up. The departures of Gary Cohn as chief economic adviser and Rex Tillerson as secretary of state

After the mega merger, chemicals giant DowDuPont, with nearly 340 years of history between them, is ready to open a new chapter by announcing the retirement of CEO Andrew Liveris and designating an openly-gay executive to the largest of its

Dropbox aims to raise as much as $ 648 million in its U.S. initial public offering. The file-sharing company is marketing 36 million shares of Class A common stock for $ 16 to $ 18 apiece, according to a filing