Webmarked News

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Holiday spending surges to 12-year high

U.S. holiday spending jumped to its biggest gain since 2005 on stronger employment, rising consumer confidence, and expectations of higher wages and bonuses after new tax bill, according to NRF. Conway Gittens reports. Holiday...

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No brakes, no wheel, no problem

General Motors is seeking U.S. government approval for a fully autonomous car without a steering wheel, brake pedal or accelerator pedal. Jonah Green reports. No brakes, no wheel, no problem

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Facebook shares slip after News Feed overhaul

Shares of Facebook fell after chief executive Mark Zuckerberg announced changes to News Feed that he said would hit user engagement in the near term. Aleksandra Michalska reports. Facebook shares slip after News Feed...

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Wall Street soars to new highs

Stocks extended their rally on Wall Street as earnings season kicked off with solid results from banks. Fred Katayama reports. Wall Street soars to new highs

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JPMorgan, Wells Fargo beat Wall Street

JPMorgan Chase topped Wall Street’s fourth-quarter earnings expectations after charges related to new tax code, while Wells Fargo also beat, but fell short on revenue. Aleksandra Michalska reports. JPMorgan, Wells Fargo beat Wall Street