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Daily News

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

Fox Business News

Ackman's SPAC takes Universal Music Group stake in $4B deal

Mon, Jun 21, 2021

Billionaire hedge fund manager Bill Ackman has agreed to buy 10% of Universal Music Group for about $4 billion....

Dow roars ahead snapping five day losing streak

Mon, Jun 21, 2021

U.S. equity markets were mixed Monday as the Dow Jones Industrial Average looked to snap its five-day losing streak and bounce back from its worst week since October....

Bitcoin slides to $32K, China cracks down again

Mon, Jun 21, 2021

Bitcoin takes a hit as China steps up its crackdown on cryptocurrencies....

S&P futures and global markets decline

Mon, Jun 21, 2021

U.S. futures and global stock markets traded lower, while government bonds rose in price, as investors continued to scale back bets on robust growth and inflation....

Amazon Prime Day, GameStop's Russell fate, Nike earnings top week ahead

Sun, Jun 20, 2021

Amazon Prime Day, Fed’s stress tests, and Nike, FedEx earnings dominate the week ahead for investors....

Amazon to surpass Walmart as largest US retailer

Sun, Jun 20, 2021

Amazon "should surpass" Walmart as the largest U.S retailer as soon as next year, JP Morgan analysts projected in a research note....

Georgia crypto investor claims he woke up a trillionaire — after investing $20

Sun, Jun 20, 2021

The cryptocurrency craze has minted a new generation of wealthy investors - some overnight....

NASA 'keeping eye' on Jeff Bezos and other space astronaut billionaires

Sat, Jun 19, 2021

Jeff Bezos, Amazon and Blue Origin founder, is set to blast off into space on July 20....

Stocks rocked by rate-hike fears

Fri, Jun 18, 2021

U.S. equity markets were pressured Friday as the Fed signaled rate hikes could come as early as next year....

Copper gutted as China, Fed pressure metals

Fri, Jun 18, 2021

Copper is getting crushed in the worst week since March of 2020....