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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Wall Street Journal

Facebook Battles New Criticism After Indictment Against Russians

Mon, Feb 19, 2018

Facebook is contending with a new wave of criticism prompted by the U.S. indictment alleging that Russia manipulated social-media platforms—and by a Facebook executive’s attempts to address the issue....

The iPhone Is Losing Out to Chinese Devices in Asia

Tue, Feb 20, 2018

The iPhone X’s steep price opens the door to cheaper options in Asian markets, and Chinese smartphone brands Xiaomi, Oppo and Vivo are grabbing market share. ...

The World's Biggest Miners Emerge From Their Hole

Mon, Feb 19, 2018

The world’s biggest mining companies are again poised to shower investors with billions of dollars and make deals, a turnaround fueled by the global economy’s renewed appetite for raw materials and by the burgeoning electric-vehicle market. ...

'Black Panther' Roars to Top of Box Office

Mon, Feb 19, 2018

With an estimated opening of $235 million in the U.S. and Canada, “Black Panther” was another blockbuster success for Walt Disney Co.’s Marvel Studios but also a breakthrough for movies with primarily black casts.. ...

Coca-Cola's Game Plan: Reformulate and Expand

Mon, Feb 19, 2018

CFO Kathy Waller discusses on how the company wants to move beyond its name....

Fed Chairman Powell Taps Two Senior Advisers

Sun, Feb 18, 2018

Federal Reserve Chairman Jerome Powell has tapped two monetary policy specialists to serve as senior advisers, according to people familiar with the matter. ...

Consumer Sentiment Rebounds in February

Fri, Feb 16, 2018

U.S. households’ confidence in the economic outlook rebounded this month, as a gauge of consumer sentiment hit its second-highest level since 2004....

The Rise of the Jumbo Student Loan

Fri, Feb 16, 2018

Most borrowers who left college or graduate school owing at least $50,000 in student loans in 2010 had failed to pay down any of their debt four years later, according to a study by the Brookings Institution. ...

U.S. Home Construction Rose 9.7% in January

Fri, Feb 16, 2018

Housing construction got off to a strong start in 2018, which could help boost economic growth and ease home-price increases in the coming months....

U.S. Import Prices Rise in January

Fri, Feb 16, 2018

Prices for foreign-made goods imported to the U.S. rose in January, driven by a broad range of product price increases and capping a week of solid inflation readings. ...