Futures lower following another day of losses after Fed rate hike, sell-offs

Stock futures were lower on Friday morning as investors continued reacting to the Fed’s rate hike and concerns over a potential economic downswing. The Nasdaq 100 was down 0.51%. Dow Jones Industrial Average futures fell by 133 points, or 0.44%. S&P 500 futures shed 0.46%. Costco stock was down about 2.6% in extended trading. Although … Read more

Amazon ramps up FedEx, UPS rivalry by expanding Prime to third parties

Leon Neal | Getty ImagesNews | Getty Images Amazon will let other online merchants piggyback on its Prime service to deliver goods quickly to their customers. The company on Thursday launched a new service, Buy with Prime, that lets third-party merchants use Amazon’s vast shipping and logistics network to fulfill orders on their own sites, … Read more