The short-tem rental company says it's actually seeing an increase in its business because people are less inclined to stay at hotels and are choosing to "work from any home" during the pandemic.
Markets welcomed President Trump's recommendation the transition process begin, which will provide critical resources and information to President-elect Joe Biden's team.
The Dow tumbled more than 800 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.
Stocks reversed Tuesday's losses amid word that the Trump administration was considering stand-alone bills to aid airlines and small businesses. The president had called off talks on a relief bill.
Apple's stock split is the cause of the shake-up at the Dow Jones Industrial Average. But the symbolic shift also represents how Exxon, once a corporate titan, has diminished in stature.
The market is hitting records, in large part because of a handful of superstar tech stocks. Apple, Amazon, Microsoft, Facebook, Netflix and Google's parent dominate indexes in retirement funds.
Apple first crossed the $1 trillion mark just two years ago. The iPhone maker and a handful of other tech giants propelled the S&P 500 index to a new record this week.
After plummeting 34% from its prior peak, the stock index has staged a steady recovery — gaining more than 50% since March, when lockdowns shut down much of the economy.
Stock trading has become easier and cheaper than ever. And people stuck at home during the pandemic have flocked to it. But have venues like Robinhood made it too risky for inexperienced investors?
The electric car maker is now eligible to join the S&P 500 index, which means it would become part of the retirement accounts of millions of ordinary Americans.
The Dow Jones Industrial Average surges after reports that retail sales rebounded strongly in May and that the Trump administration is preparing an infrastructure plan to boost the economy.
U.S. stock indexes climb even as dozens of new cases are discovered in the Chinese capital, prompting renewed lockdown measures. Meanwhile, cases are rising in several states that have reopened.
Even as millions are out of work, the stock market has regained much of the ground it lost since March. Investors are peering into the future and seeing an economy that's beginning to recover.
The stock market has never seen a month like March, with downs and ups of thousands of points in a day. The Dow has recovered from recent lows, but it has fallen 24% since its record high.
U.S. stock indexes surged as negotiations continued over a massive stimulus package to help the crippled economy deal with the growing effects of the coronavirus pandemic.
The Dow Jones Industrial Average and other U.S. stock indexes fell again Monday as central bankers and lawmakers struggled to deal with the coronavirus pandemic's economic damage.
The Dow and other U.S. stock indexes fell Friday afternoon after inching up earlier. That left the market poised to resume its downward trend amid the coronavirus crisis.
U.S. stock indexes fluctuated Thursday as investors tried to absorb the latest financial impacts of the coronavirus. The Dow and other indexes quickly went from being down, to up, then down again.
The Dow plummeted more than 2,000 points after President Trump announced new emergency steps. Trading was temporarily suspended after the S&P 500 fell 7%, triggering circuit breakers.
