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US economy shrank 0.9% last quarter, its 2nd straight drop

The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.

 
Facebook has a new name

Facebook CEO Mark Zuckerberg said his company is rebranding itself in an effort to encompass its virtual-reality vision for the future, what Zuckerberg calls the “metaverse.”

GameStop stock trading restricted on Robinhood, other trading platforms

GameStop stock has rocketed from below $20 earlier this month to more than $400 early Thursday as a volunteer army of investors on social media challenged big institutions who had placed market bets that the stock would fall.

Fewer travelers visiting US from China

After more than a decade of rapid growth, Chinese travel to the U.S. is falling. And that has cities, malls and other tourist spots scrambling to reverse the trend.