he Federal Reserve enters the new year with a fresh challenge on its plate, namely whether its commitment to higher inflation will bring power or poison to financial markets.
Wall Street kicked off 2021 with its worst first trading...
The disruptive threats Herbert Diess saw coming for big, incumbent automakers soon after he took over the top job at Volkswagen AG are playing out as predicted -- only faster and in more dramatic fashion.
In an interview, the...
The 2020 crisis put an abrupt end to the growth in U.S. crude oil production, which had just hit 13 million barrels per day (bpd) before oil prices and demand collapsed with the spread of the pandemic. Between March and May 2020,...
Billionaire investor Carl Icahn warned of the possibility of a significant decline for stocks at some point, telling CNBC’s Scott Wapner that “wild rallies” in the market always meet a dramatic end.
Wapner reported Icahn’s warning on “Halftime Report”...
Apprehension about Georgia’s Senate runoff election Tuesday helped fuel a sharp New Year’s selloff, and politics could continue to unhinge the stock market even after the outcome is known.
Policy strategists say the results could take several days, if...
Stocks sold off sharply after opening higher on the first day of trading in 2021, despite the prospects for continued fiscal stimulus and coronavirus vaccine rollouts aiding investor optimism.
Instead, investors focused on the tight race in Georgia that...
U.S. stock futures were higher Monday morning ahead of the first trading session of 2021 following a volatile year.
Dow Jones Industrial Average futures implied an opening gain of 175 points. S&P 500 and...
European stocks advanced on Monday, in the first trading session of the new year.
The pan-European Stoxx 600 climbed 1.2% in early trade, with travel and leisure stocks bouncing 3.2% to lead gains as...
Oil prices rose on Monday on expectations that OPEC and allied producers may cap output at current levels in February at a meeting later in the day as the coronavirus pandemic keeps worries about first-half demand elevated.
Long-time market bear David Rosenberg is warning investors the stock market and bitcoin are massive bubbles.
The economist and strategist cites crowded trades amid a struggling economic backdrop for his concerns.
“Based on our valuation...
