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Dollar's rally sputters as investors eye more Fed cuts
Dollar's rally sputters as investors eye more Fed cuts
38-year-old retiree: Stop wasting your money on these 7 things
The average American adult spends $1,497 per month on non-essentials. That's roughly $18,000 that could be invested into your retirement savings account.
GM unveils 10 future EVs, new batteries and its plan to beat Tesla
GM showed its EV plans to reporters Wednesday revealing 10 new electric vehicles and a new battery it developed to reduce its cost to put people in EVs.
Sanitizer speculation becomes a cottage industry
Widespread fears about coronavirus have caused acute shortages of hand sanitizer. That's created a market for third-party sellers who still have a supply of Purell.
Dow set for opening drop of more than 300 points following Wednesday surge
As of 11:30 p.m. ET Wednesday, Dow Jones Industrial Average futures were down 208 points, signalling an implied opening drop of 314.86 points at the Thursday open.
Analysis: Wall Street still wants Trump, but it could live with Biden
A day after a surprise interest rate cut failed to calm investors, a new surprise entered the calculus: former Vice President Joe Biden's strong showing in Super Tuesday voting.
Dow jumps nearly 1,200 points after Biden victories
Stocks surged on Wednesday as major victories from former Vice President Joe Biden during Super Tuesday sparked a massive rally within the health care sector.
United, JetBlue to Cut Flights on Demand Drop From Coronavirus
United Airlines Holdings Inc. and JetBlue Airways Corp. are trimming flights to grapple with a swift drop in travel demand because of the coronavirus outbreak.
Trump gives airline CEOs a pep talk. Investors are less enthused
President Donald Trump sought to reassure U.S. airline leaders on Wednesday as the industry confronts a potential collapse of travel demand because of the coronavirus epidemic.
Ikea recalls over 800,000 dressers that pose tipping threat to children
The KULLEN 3-Drawer Chest is considered “unstable” if it is not anchored to the wall.
Iconic book publisher Simon & Schuster is on auction block
Legendary book publisher Simon & Schuster is for sale. Just three months after the merger of Viacom and CBS, the new leadership has concluded that the New York publishing house, known for the works of such authors as Stephen King, Susan Orlean, Bob Woodward and Hillary Clinton, no longer is a core part of the company. ViacomCBS Chief Executive Bob Bakish made the announcement Wednesday morning ...
Fragile safety net leaves US economy vulnerable to virus hit
The spreading coronavirus outbreak poses a double-barreled threat to U.S. workers who face not only the prospect of lost wages if they are forced to stay home during a quarantine but also a fragile safety net to fall back on during such a crisis.
Short sellers made over $50B during coronavirus sell-off
Short sellers added to their U.S. positions during the recent coronavirus-related sell-off, making more than $50 billion in profits over seven trading days, according to data from financial analytics firm S3 Partners.
Colorado's going a little nuts with the grocery stockpiling
As the coronavirus death toll in Washington state rises to nine people, consumers there are stockpiling powdered milk, beans and disinfecting wipes.
Feverish Americans frustrated with shortage of coronavirus tests
Soon after spending the day in a Seattle suburb where coronavirus spread, Linda Backstrom began feeling sick herself.
Another bad sign for the economy: Travel stocks are plunging
The market has been whipsawed by fears about the coronavirus. But for many Americans, who largely don't own stocks, the financial impact so far is purely psychological. Yes, it's terrifying. But it doesn't actually say anything about the real economy.
Health insurance stocks rally on Biden campaign comeback
Health insurers led U.S. stock market gains Wednesday after Joe Biden’s once-faltering Democratic presidential campaign was reanimated on Super Tuesday.
Billionaire Bill Ackman is hedging his bets as coronavirus looms
The Pershing Square boss is basically safeguarding his holdings, which include restaurant and hotel stocks, against the impact of the coronavirus as it continues to threaten equity and credit markets both in the U.S. and abroad.
From stores to Chinatown restaurants, here's how the coronavirus is affecting small business owners in the US
Large companies and retailers like Apple and Nike have made headlines during the coronavirus outbreak, as investors anxiously await news on whether the virus will impact the companies' abilities to make sales. But because of the many impacts of the virus, small business owners are struggling, too.
How a Risk-Averse Founder Built Her Ice Cream Dream Company
With her house and 401(k) on the line, Salt & Straw's Kim Malek stood out in the rain selling ice cream during her first entrepreneurial summer. Spoiler alert: Things worked out.
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