US Equities Slid on Disappointing Employment Data

US Equities Slid on Disappointing Employment Data

The US private-sector employment increased by 330,000 in July, according to the ADP National employment report last Wednesday, less than half of the estimated 692,000 target. The number indicates that …

Tesla Suffers Another Quarterly Loss

Electric car pioneer Tesla reported that it has suffered its 13th straight quarterly loss from increased spending on its vehicle and battery factories. The loss comes amidst the announcement of …

AIG Plans to Buy Back Shares Worth $3 Billion

American International Group (AIG) continues to fight against calls for the firm to break itself up by planning to buy back $3 billion worth of its shares. After three consecutive …