New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and was a drag on economic growth.
Here's what a big drop in the stock market means for you, depending on your age.
U.S. stocks rose on Tuesday as gains in technology and financial shares helped major indexes recover from their worst selloff in about four months on worries over a coronavirus outbreak and its impact on global growth.
Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain's 5G mobile network on Tuesday, resisting U.S. pressure to exclude the Chinese company from next generation communications over fears Beijing could use them to spy.
Britain's Foreign Secretary Dominic Raab said intelligence sharing would not be jeopardized by Tuesday's decision to allow China's Huawei [HWT.UL] a role in building the country's 5G telecoms network.
One potential side effect of the U.S. Federal Reserve's efforts to pump liquidity into the banking system and avoid further unwanted surges in short-term borrowing rates: The central bank may soon have to take measures to keep interest rates from getting too low.
3M CEO Mike Roman said the company is seeing increased demand for its respiratory protection products due to coronavirus.
Adidas will launch new fabrics made from recycled polyester and marine plastic waste and expand the product lines that use them after the success of shoes made with the Parley for the Oceans initiative, the sportswear firm said on Tuesday.
Oil futures steadied somewhat on Tuesday after a five-day losing streak as OPEC sources said the group and its allies might tighten the market amid fears that the coronavirus, which has claimed over 100 lives in China, could weigh on oil demand.
While there are a few hurdles you need to clear to use the tax break for medical expenses, anyone with high health care costs may want to see if it's available to them.
Oil futures edged up on Tuesday after falling for five days, bouncing up with Wall Street, and crude also drew support from talk that OPEC and its allies might tighten the market amid fears the coronavirus could weigh on oil demand.
Prime Minister Boris Johnson granted Huawei a limited role in Britain's 5G mobile network on Tuesday, frustrating a global attempt by the United States to exclude the Chinese telecoms giant from the West's next generation communications.
Britain's decision to give Chinese telecoms giant Huawei [HWT.UL] a limited role in building its 5G networks could greatly complicate a free trade agreement with the United States and jeapordize intelligence sharing with one of its closest allies, Republican U.S. Senator Lindsey Graham said on Tuesday.
There have been no threats from other countries' intelligence agencies to break ties with Britain after it announced it would grant Huawei a limited role in its 5G mobile network, a British security source said on Tuesday.
3M CEO Mike Roman said the company is seeing increased demand for its respiratory protection products due to China's coronavirus outbreak.