Stocks tumbled again on Wednesday as worries about a weakening global economy boomeranged around the world.
Uber slumped more than 7% in its first day of trading as a public company on the New York Stock Exchange on Friday, debuting slightly below its initial share pricing and sinking further amid market volatility and concerns about its ability to transform from tech darling to profitable mainstay.
U.S. stocks plunged to their worst loss in six months on Wednesday as technology companies continue to take sharp losses. The Dow Jones Industrial Average closed with a drop of 831 points in afternoon trading.
Republican U.S. Rep. Christopher Collins of western New York state was arrested Wednesday on charges he fed inside information he gleaned from sitting on the board of a biotechnology company to his son, helping themselves and others dodge hundreds of thousands of dollars in losses when bad news came out.
Tesla CEO Elon Musk is gearing up to lead a buyout of the electric car maker in a stunning move that would end the maverick company's eight-year history trading on the stock market.
Author Alice Finn is the author of 'Smart Women Love Money.'
Hillary Vaughn of Fox Business talks about the Snap Inc. IPO that valued the company in the billions of dollars. Snap is the maker of the app Snapchat.
The Dow Jones industrial average closed above 20,000 for the first time.