Lawmakers slam Robinhood after apparent suicide by 20-year-old trader
“This should have never happened,” Rep. Lauren Underwood told CNN Business on Tuesday. The family of Alex Kearns, the 20-year-old…
A Wake-Up call for The American Dream
The income inequality gap has never been wider. The country’s uneven wealth distribution is illustrated by the fact that the…
Elizabeth Warren could be Biden’s Treasury secretary. That would be a nightmare for Wall Street
If Joe Biden wins in November, Warren is the “favorite” to become the nation’s first woman Treasury secretary, according to…
Nasdaq tops 10,000 for the first time ever
The Nasdaq, an index that includes the top FAANG stocks, Microsoft (MSFT), Tesla (TSLA) and many other titans of tech,…
S&P 500 erases losses for the year and Nasdaq closes at a record high as investors signal optimism
The Dow (INDU) finished up 461 points, or 1.7% higher. The S&P 500 (SPX) ended up 1.2%, erasing its losses…
The recovery is underway. Does that mean it’s time for more stimulus?
What’s happening: The US jobs report for May showed that the US economy, which had been expected to shed another…
Dividends have disappeared this year. Will they ever come back?
The damage to dividends could endure well beyond the coronavirus pandemic, analysts say, as companies around the world facing a…
The savings rate hit its highest level since 1981
The United States government’s Bureau of Economic Analysis reported Thursday morning that the savings rate surged to 13.1% in March…
US stock futures jump as oil market collapse weighs on investors
Dow futures climbed 73 points, or about 0.3%. S&P 500 futures were up about 0.3% and Nasdaq futures also rose…
Oil prices move higher after OPEC+ deal, while global stocks slump ahead of a big week for data
US oil futures advanced 5% to $23.90 a barrel as traders returned from an extended holiday and cheered a deal…
How bad will earnings be? Nobody really knows
With that in mind, earnings for the first quarter — and the remainder of 2020 — are likely to be…
US stock futures rise and oil drops 8.5% after OPEC meeting postponed
Dow (INDU) futures gained 282 points, or around 1.4%. S&P 500 (SPX) futures were up 1.5% and Nasdaq (COMP) futures…
Asian markets improve after Wall Street’s third day in the green
Japan’s Nikkei 225 (N225) gained 1.3%, while South Korea’s Kospi (KOSPI) advanced 2.6%. Hong Kong’s Hang Seng (HSI) rose 1.7%.…
Here’s what could really sink the global economy: $19 trillion in risky corporate debt
“This certainly is another match being lit the bonfire of corporate debt liabilities,” said Simon MacAdam, global economist at Capital…
US stock futures hit ‘limit down’ after Fed cuts interest rate to zero
Dow (INDU) futures plummeted and were last down 1,041 points, or about 4.5%. S&P 500 (SPX) futures were down about…
Here’s why you should worry about the turbulent stock market… and why you shouldn’t
Stocks are inching closer to bear market territory, having dropped nearly 20% from their record highs in February as the…
Dow futures gain ground after worst one-day point drop in history
However, stock prices began to recover and entered positive territory after President Donald Trump discussed some possible recovery mechanisms at…
What should you do with your 401(k)? Don’t panic
Stay the course. CNN Business spoke with five top money managers to get advice about how to navigate these increasingly…
Dow falls 1,191 points — the most in history
The Dow (INDU) dropped 1,191 points, or 4.4% in its worst one-day point drop in history. The index has fallen…
Gilead Sciences drug may help treat coronavirus symptoms, according to WHO
Gilead Sciences (GILD) was the top performing stock in the S&P 500 and was just one of two stocks in…
WWE warns of ‘considerable uncertainty’ about its strategy
Shares of WWE (WWE) fell 9% Thursday morning after the company reported “considerable uncertainty” about its strategy and outlook. The…
Amazon, Apple, Google and Microsoft: Which is best long-term bet?
These four titans of tech are clearly market leaders. According to a report from UBS Global Wealth Management chief investment…
A ‘black swan’ market indicator flashes a warning
Investors have responded by pouring into riskier assets. Stocks in the United States and Europe have reached fresh records amid…
NYSE wants more unicorns to be like Slack and Spotify
Some don’t want to deal with the pressure and reporting requirements. Others are avoiding the hassle and expense of an…
The $4 trillion force propelling US stocks to record highs
As a result, the Fed’s balance sheet has swelled by $286 billion since early September, to $4.05 trillion. Despite the…
Why Black Friday is absolutely crucial for struggling retailers
This year, Black Friday is more than just the starting gun for the all-important holiday shopping season (or the day…
Netflix hopes to fend off streaming threat from Disney and Apple
But investors seem to think that Netflix will withstand the threat. And CEO Reed Hastings has vowed to offer even…
Two of the world’s biggest economies are at risk of recession
Investors have recently put fears about the pace of global growth aside, opting for optimism on a “phase one” US-China…
Ex-FDA chief Gottlieb sees investment opportunity in ‘unloved’ antibiotics
NEW YORK (Reuters) – As a private investor, former U.S. Food and Drug Administration Commissioner Scott Gottlieb is focused on…
Pizza Hut is making a comeback. Its NFL deal is one reason why
While Pizza Hut’s sales growth is still lower than fellow Yum! Brands (YUM) companies Taco Bell and KFC, the chain…
This piece of the US real estate market is flashing a warning sign
For the first time in seven years, overseas investors in office buildings and retail space became net sellers of properties,…
GE stock has worst day in 11 years after Madoff whistleblower calls it a bigger fraud than Enron
General Electric shares plunged more than 11% Thursday after Harry Markopolos, who is famous for blowing the whistle on Bernie…
Kraft Heinz’s nightmare is far from over
The company finally reported its heavily delayed results for the first half of the year Thursday. The numbers did little…
Dow plunges 767 points after China devalues its currency
The Chinese government devalued the yuan to fall below its 7-to-1 ratio with the US dollar for the first time…
Here’s another sign the US dollar is too strong: burgers
The Economist’s Big Mac Index — a lighthearted way to make the value of currencies more tangible — showed that…
Petraeus: America’s trade leverage over China won’t last forever
“In the short term, the US has enormous leverage,” Petraeus said Thursday during an interview at the SALT Conference in…
Global stocks mixed after Trump administration says China reneged on trade promises
Stock markets that had been closed on Monday were the hardest hit. Japan’s Nikkei shed 1.5% as investors reacted to…
Here's why the Dow dropped today
The Dow is having a terrible day. Source link
Dow falls 473 points as Wall Street gets tariff whiplash
The Dow fell about 473 points, marking the second-worst trading day of the year. The worst day of 2019 was…
Dow sinks 799 points as trade truce enthusiasm fades
The Dow dropped 799 points, or 3.1%, on Tuesday. At one point, the index was down 818 points. The S&P…
Saudi stocks plunge on fear of sanctions over Khashoggi
The main stock market index in Riyadh fell as much as 7% on Sunday and billions of dollars were wiped…