All three major U.S. indexes were in the deep red Monday. Meanwhile, Japan’s Nikkei closed over 12 percent lower, its worst day since 1987. We look at what the unwinding of the yen carry trade may have to do with it.
A federal judge has ruled that Google’s payments to make its search engine the default browser violates U.S. antitrust law. The $26 billion in payments effectively blocked any other competitors from succeeding in the market, according to the judge.