Photo of trader Michael Urkonis

Yes, Stocks Are Up Again. No, Recession Worries Aren’t Gone

NEW YORK — The U.S. economy is sending some worrying signals about a possible recession, yet the stock market has gone on a what-me-worry ride toward record heights. What gives? Put simply, while the stock market watches the economy, the two don't always...
Photo of Uber CEO attending the opening bell ceremony

Uber Shares Continue to Slide in First Full Day of Trading

NEW YORK — Uber shares were down 8% in morning trading Monday and dipped below $38 after the opening bell. Monday was the first full day of trading for the ride-hailing company after its rocky debut on the stock market Friday. Its shares had been priced at ...
Photo of iPhones

Apple Drops iPhone Bombshell on Already Reeling Stock Market

SAN FRANCISCO — Apple acknowledged that demand for iPhones is waning, confirming investor fears that the company's most profitable product has lost some of its luster. The reckoning came in a letter from Apple CEO Tim Cook to the company's shareholders rele...