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The S&P 500 sank 5% in a very bad week for stocks. These 20 lost as much as 24%.

The S&P 500 sank 5% in a very bad week for stocks. These 20 lost as much as 24%.

U.S. stocks sputtered Friday to close out the week in the red. The day’s declines of less than 1% for the broad indexes paled against Tuesday’s, when they sank 4% to 5%. For the week, the Dow Jones Industrial Average DJIA, -0.45% was down 1,329 points (or 4.1%), closing Friday at 30,822. The benchmark S&P …

The S&P 500 sank 5% in a very bad week for stocks. These 20 lost as much as 24%. Read More »

The Meta meltdown: This chart shows Facebook's fall from grace among the most valuable U.S. companies

The Meta meltdown: This chart shows Facebook’s fall from grace among the most valuable U.S. companies

Dogged by competitive and macroeconomic threats, Meta Platforms Inc. is sinking down the ranks of the largest U.S. companies. After a 9.4% daily slide in its stock, Meta META, -9.37% ranked 10th by market value as of Tuesday’s close, falling below Visa Inc. V, -3.37% for the first time since the start of August. Meta, …

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Meta is one of today's worst S&P 500 performers, but these 5 other stocks have lost $387 billion in value

These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout

A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tightening of monetary policy to fight inflation sent the Dow Jones Industrial Average DJIA, -3.94% down 1,276 points (or 3.9%) to 31,104, with all 30 …

These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout Read More »

Meta is one of today's worst S&P 500 performers, but these 5 other stocks have lost $387 billion in value

Meta is one of today’s worst S&P 500 performers, but these 5 other stocks have lost $387 billion in value

A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tightening of monetary policy to fight inflation sent the Dow Jones Industrial Average DJIA down 887 points (or 2.7%) to 31,494, with all 30 components …

Meta is one of today’s worst S&P 500 performers, but these 5 other stocks have lost $387 billion in value Read More »

Burger King to pour $400M into advertising, restaurant remodels, app improvements over 2 years

Burger King to pour $400M into advertising, restaurant remodels, app improvements over 2 years

Check out what’s clicking on FoxBusiness.com Burger King is planning to invest more than $400 million over two years in advertising, restaurant enhancements and remodels and to support tech and digital improvements.  In a press release Friday, the chain’s owner, Restaurant Brands International, shared details of a plan it calls “Reclaim the Flame” aimed at …

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Biden finalized his plan to rein in Big Tech. Big Tech wasn't invited.

Biden finalized his plan to rein in Big Tech. Big Tech wasn’t invited.

President Joe Biden’s administration issued a checklist of actions needed to rein in Big Tech on Thursday, after a roundtable “listening session” on issues within the technology industry. But administration officials were not “listening” to the companies that are the targets of many of the desired actions — Google parent Alphabet Inc. GOOGL, +2.09% GOOG, …

Biden finalized his plan to rein in Big Tech. Big Tech wasn’t invited. Read More »

U.S. stocks close sharply higher, snap 3-week losing streak with gains led by tech-heavy Nasdaq

U.S. stocks close sharply higher, snap 3-week losing streak with gains led by tech-heavy Nasdaq

U.S. stocks ended sharply higher Friday, with all three major benchmarks snapping three straight weeks of losses, as investors appeared to have priced in another jumbo rate hike from the Federal Reserve. How stock indexes performed The Dow Jones Industrial Average DJIA, +1.19% advanced 377.19 points, or 1.2%, to close at 32,151.71. The S&P 500 …

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Burger King unveils $400 million plan to revive U.S. sales with investments in renovations and advertising

Burger King unveils $400 million plan to revive U.S. sales with investments in renovations and advertising

CASCAIS, PORTUGAL – Burger King signs are seen at the local fast food restaurant. Horacio Villalobos | Corbis News | Getty Images Burger King on Friday said it plans to spend $400 million over the next two years on advertising and renovating its restaurants as part of a broader strategy to revive lagging U.S. sales. …

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Roblox jumps into online advertising as revenue growth slows

Roblox jumps into online advertising as revenue growth slows

Roblox has built a userbase of over 52 million people by providing a gaming and entertainment platform that’s mostly been targeted at kids. Now the company wants advertisers to join the party. As part of its annual developer conference on Friday, Roblox is announcing plans to debut ads next year, marking the company’s first significant …

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Alphabet CEO Pichai Sends New Warnings About the Economy

Alphabet CEO Pichai Sends New Warnings About the Economy

The economy’s health is currently the main concern of companies and investors. Will the economic machine slow to the point of seizing up? The Federal Reserve will continue to aggressively raise interest rates more sharply than many investors expected. Some economists expect the monetary policies of the central banks plus the energy crisis in Europe to cause …

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