Category: Markets

Cisco’s growth grinds to a halt

Cisco Systems, Inc. (NASDAQ:CSCO) is starting to decelerate, and the timing couldn’t be worse. Investors are already jittery about tech stocks because of the election of Donald Trump, and Cisco stock is feeling the...

2 drugs are costing taxpayers $8 billion a year

The federal health care programs for seniors and low-income Americans spent more than $8 billion last year on a single drug to treat victims of the potentially lethal Hepatitis-C virus, according to new government...

Stocks close lower after Fed keeps rates unchanged

Stocks posted a seventh consecutive day of losses Wednesday as worries over the U.S. presidential election and weaker oil prices shook investor confidence. Losses deepened after the Federal Reserve kept interest rates unchanged but...

Everything on Wall Street is shrinking

Bad news for Wall Street. The New York City securities industry earned 18% less in the first half of this year than last year, according to New York State Comptroller Thomas DiNapoli’s annual Wall Street...