Fed’s Kaplan worries economy’s recovery may be slowed if coronavirus health practices remain ‘uneven’

2020-06-14

MARKETWATCH FRONT PAGE Dallas Fed President Robert Kaplan said Sunday health-care procedures to combat the coronavirus were just as important as government funding for the nascent economic recovery and, to date, these efforts to reduce coronavirus infections have been “uneven.” See full story. Asymptomatic transmission of coronavirus appears to beRead More →

Asian markets pull back after Fed’s cautious outlook

2020-06-10

Asian markets mostly fell in early trading Thursday, following losses on Wall Street after Fed Chairman Jerome Powell said the economic recovery will be “a long road.” Japan’s Nikkei 225 NIK, -1.43% dropped 1% while Hong Kong’s Hang Seng Index HSI, -0.76% slipped 0.5%. The Shanghai Composite SHCOMP, +0.23% wasRead More →

As feds prepare antitrust case, Facebook and Google face a billion-dollar question: Does your data have value?

2019-06-06

Billion-dollar industries are built around the collection, compilation and protection of consumers’ personal data — from social-media platforms to e-commerce sites to data brokers. While the federal government gears up for possible antitrust scrutiny on the data-driven business models of tech giants Facebook FB, -0.43% , Apple AAPL, -0.19% ,Read More →