(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Walt Disney shares fall as CEO says program production delayed * S&P 500 below 50-day moving average * Indexes: Dow down 0.15%, S&P 500 down 0.08%, Nasdaq up 0.22% (Updates close with volume, other details) By Caroline Valetkevitch NEW YORK, Sept 21 (Reuters) – U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over troubles at developer China… Source link

President Donald Trump signs an executive order to withdraw the U.S. from the 12-nation Trans-Pacific Partnership (TPP) trade pact agreed to under the Obama administration in the Oval Office of the White House in Washington, January 23, 2017. (AP Photo/Evan Vucci, File) Remember the Trans-Pacific Partnership? A few years back, the TPP morphed form a wonky trade deal among the United States and 11 other Pacific nations into a litmus test of fealty to the American working class. As a 2016… Source link

(Bloomberg) — A cryptocurrency data network run by some of Wall Street’s biggest players showed a roughly 90% plunge in Bitcoin on Monday, a glitch that didn’t show up on other platforms. Most Read from Bloomberg The platform, called Pyth, is heralded by its supporters as an industrial-grade source for pricing information on assets like stocks and cryptocurrencies. Its contributors include finance giants like Jump Trading Group, DRW and FTX. On Monday, it briefly reported Bitcoin’s price… Source link

A new startup called Happaning wants to make video a more immersive experience by allowing people to watch the same event from multiple perspectives. Or, as co-founder and CEO Andrew Eniwumide likes to say, it’s “Google Street View, but with video.” The company believes its unique technology offering these multi-vantage point videos could ultimately do more than just introduce a new user experience for video — it could solve other issues with misinformation or deep fakes, for… Source link

Not even speculation of a partnership with fellow meme stock trader favorite AMC Entertainment has been enough to arrest the selling pressure in shares of one-time 2021 market darling GameStop (GME).  Shares of the gaming retailer turn self-described tech company have dropped 12% so far in September, far worse than the 2% respective drops in the S&P 500 and Nasdaq Composite. GameStop’s stock is also among the laggards of the popular meme stock group this month — AMC’s stock has gained 8.5%… Source link

The full faith and credit of the U.S. government will be in jeopardy next month…ish. The looming debt ceiling means that – without an intervention by Congress – the government won’t be able to pay its bills soon. A default could be catastrophic for the U.S. economy. But what makes matters worse is that nobody is quite sure when the limit will actually be reached. It’s so hard to predict because technically the debt limit has already been passed. A limit of $28.5 trillion was reimposed… Source link

Google on Tuesday announced it would spend $2.1 billion to buy a sprawling Manhattan office building on the Hudson River waterfront, paying one of the largest purchase prices in recent years for an office building in the United States and providing a jolt of optimism to a New York City real estate industry lashed by the pandemic and the shift to remote work. The transaction comes during a precarious period for the city’s office market, the largest in the country, as the swift embrace of… Source link

Goldman Sachs believes people are over invested in big cap tech names such as Facebook, Amazon, Apple, Netflix and Google [FAANG] that have minted fat profits and higher stock prices the past decade amid an explosion in tech advances. To get investors thinking beyond FAANG, the investment bank recently launched the Goldman Sachs Future Tech Leaders ETF. As the name implies, it looks to invest in the next big winners in tech that have true global exposure. “We launched the ETF strategy because… Source link

Google Actor Reese Witherspoon wears many hats. In addition to… Source link

Three Black-owned Birmingham-based businesses were among 50 nationwide chosen to receive $100,000 from the Google for Startups Black Founders Fund. Healthtech firm Acclinate, networking app Mixtroz and healthcare monitor SynsorMed were chosen along with firms from 15 states to receive the money. Google for Startups works to connect tech companies with Google’s products and mentoring, with a commitment to creating diverse startup communities. Jewel Burks Solomon, head of Google for Startups… Source link