United States
Despite slowdown, US services sector beats forecast
The US services sector's growth slowed down in early August but surpassed the forecast. According to the financial firm Markit Economics, the flash US Services Purchasing Managers' Index (PMI) recorded 55.2 points in August from 55.7 points in July.
Panic selling causes log in issues in investing websites
As panic ensued when the Dow crashed to 1,000 points Monday right after the opening bell, some investors complained on Twitter that they weren't able to log into their online stock accounts.
Facebook Moments version 2.0 app creates videos from your photos and syncs it to your friends
Facebook Moments app introduces a new feature; a photo collection aggregated from your phone in a form of video. Moments automatically collects your photos and pick the right type of music based on 12 background themes that is shareable with your Facebook friends by means of facial recognition.
U.S. stock market gains evaporate on another wild trading day
Another wild day of trading gripped Wall Street Tuesday. Many were hoping stocks would recoup losses from Monday's massive selloff, as all three major equity indexes surged during early sessions. But, as trading drew to a close, their gains vanished.