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The continuing collapse in oil prices signals that investors are worried about a 2019 recession, according to Helima Croft, global head of commodity strategy at RBC Capital Markets. Oil prices have now plunged by about 40 percent from their 52-week highs at the start of October. Last week alone, U.S....

The sports betting industry is becoming an increasingly slim hierarchy. Fanatics Betting and Gaming agreed to buy PointsBet’s US sports gambling business for $150 million on Sunday night. For Fanatics, a privately-held company valued at $31 billion,...

If you believe the market is a forward looking mechanism — and most investors would agree that it is — then you may want to prepare your portfolios for a sharp slowdown in economic growth later this year and into 2022 as fiscal stimulus...

Results of a private survey on China’s manufacturing for the month of December showed factory activity contracted for the first time in 19 months amid a trade dispute with the U.S. The Caixin/Markit Manufacturing Purchasing Managers’ index (PMI), a private...

The idea that the U.S. might not be able to pay its bills is simply mind blowing. So much so that right now, many investors -- some of whom have done this dance before -- are fairly sure it won't happen. However, if lawmakers can't agree to raise the...

Back in February, Warren Buffett’s Berkshire Hathaway revealed that it sold 9.81 million shares of AAPL at the end of 2020. Speaking during the conglomerate’s annual shareholder meeting this weekend, however, Buffett acknowledged that this decision was “probably a mistake.”

Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation, according to a person familiar with the matter.This latest attempt comes one day after Lampert’s initial $4.4 billion bid...

Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world’s largest economy and oil consumer, although concerns about further interest rate hikes capped gains. Brent crude futures climbed 66 cents, or 0.9%, to $77.61 a barrel by 0247 GMT,...

JPMorgan Asset Management is bullish on Chinese technology stocks even though regulators are cracking down on internet giants in the mainland. Shares of major Chinese tech companies such as Alibaba, JD.com and Meituan have tumbled this year as Beijing...

It turned out to be the little sprout that couldn’t. The vaunted cotton seeds that on Tuesday China said had defied the odds to sprout on the moon — albeit inside a controlled environment — have died.