Wall Street bleeds as financials, tech stocks sell off

Wall Street sank sharply on Monday as financial stocks sold off amid worries about interest rates and investors backed off from richly valued tech and consumer stocks amid persistent fears of a global slowdown.

Recent Business News

India introduces net neutrality rules barring Facebook's free Internet

NEW DELHI/MUMBAI India introduced rules on Monday to prevent Internet service providers from having different pricing policies for accessing different parts of the Web, in a setback to Facebook Inc's plan to roll out a pared-back free Internet service to the masses.

Economic expansions don't die of old age: Fed study

SAN FRANCISCO Just because the U.S. economic recovery is nearly seven years along is no reason to think that the nation is due for a recession, according to a study published Monday by the San Francisco Federal Reserve Bank.

1:06pm EST

Wall St. crooks get a screen test – and this time pull in big audiences

NEW YORK Wall Street villains are having their big moment on both television and the big screen.

1:15pm EST

For sugar tax supporters, 2016 may be the sweet spot

LONDON 2016 could be the year of the sugar tax, as several large nations consider levies on sweetened food and drinks to battle obesity and fatten government coffers.

9:49am EST

LafargeHolcim receives revised divestment order from India

ZURICH LafargeHolcim has received a revised order from the Competition Commission of India (CCI) to divest its interest in Lafarge India, including three cement plants and two grinding stations with total annual capacity of 11 million tons, it said.

1:25pm EST


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