Facebook services restored after global outage

Facebook Inc has fixed a technical issue that caused a global outage of its services after more than a million people reported problems with its photo-sharing app Instagram.

Facebook lifts S&P 500 and Nasdaq as Treasury yields pause

The S&P 500 and Nasdaq rose on Friday, lifted by Facebook and energy shares as U.S. Treasury yields took a break from a recent surge.

Morgan Stanley's PAC resumed donations weeks after Capitol riot pause

Morgan Stanley's political action committee (PAC) resumed donations to lawmakers in February, weeks after it had announced a pause following the Capitol riots, according to a federal filing.

U.S. DOJ accuses Google of dragging its feet in antitrust trial

The U.S. Department of Justice accused Google of dragging its feet in providing documents in preparation for a trial on allegations that it broke antitrust law while the search and advertising giant said the government was being unreasonable.

NatWest money laundering case linked to second criminal trial, prosecutors say

Criminal money laundering charges against British state-backed bank NatWest are linked to a separate case against 13 individuals based in cities across the country, prosecutors have told Reuters.

U.S. Justice Department probing Visa over debit-card practices: source

The U.S. Department of Justice is investigating whether Visa Inc engages in anticompetitive practices in the debit-card market, a source familiar with the matter said on Friday.

UK antitrust regulator prepares to investigate Facebook: FT

The Competition and Markets Authority would look into the way Facebook allegedly uses customer data against rivals in social media and online advertising, people close to the matter told FT.

Explainer: What rising bond yields mean for markets

Yields on U.S. Treasuries have surged to their highest level in more than a year from record lows hit in 2020, as Federal Reserve commitments to hold rates near zero for years to come encouraged investors to bet economic growth and inflation will heat up.

U.S. yields ease from 14-month highs, oil bounces back

Benchmark U.S. bond yields edged back from 14-month highs on Friday as investors digested the Federal Reserve's move to let a key leverage exemption expire, while oil prices rebounded after getting pummeled a day earlier.

Oil prices rise 2%, but set for weekly loss on demand fears

Oil rose more than 2% in volatile trading on Friday after a sell-off earlier in the week erased about 7% from prices as a new wave of coronavirus infections across Europe dampened expectations of any imminent recovery in fuel demand.

FOREX-U.S. dollar rises after Fed lifts bank leverage exemption

The dollar advanced against major currencies on Friday, hitting a more than one-week high, after the Federal Reserve allowed a pandemic-driven break on capital requir

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