Market News

Wall Street has been clamoring for oil and gas companies to cut costs amid an epic energy bust, but that hasn't stopped investors from punishing them the moment they do.

The global oil benchmark dropped to an 11-year low Wednesday on concerns about weak demand for refined products.

It looks like more customers have been steering clear of Chipotle, as health concerns linger in the wake of E. coli and norovirus incidences that have sickened patrons across the country.

Amazon easily emerged as the retailer most likely to find success in 2016 in a poll of a RetailWire BrainTrust panelists, although there were some notable detractors.

Neil Barofsky, the former federal prosecutor assigned by a New York regulator in 2014 to monitor Credit Suisse, is likely to be around for longer than expected.

Federal Reserve officials expressed some trepidation as they decided at a mid-December policy meeting to raise short-term U.S. interest rates after keeping them near zero for seven years.

Gasoline futures plunged, dragging global oil prices to 11-year lows, meaning that a drop in retail prices won't be far behind. Retail prices could fall another 10 cents or more a gallon next week, analysts say.

Apartment rents increased faster last year than at any time since 2007, a boon for landlords but one that has stoked concerns about housing affordability for renters.

Following a plunge in markets worldwide, Commonwealth Financial Network's CIO Brad McMillan says it's not time to panic--and explains the real reason behind the drop.

Many expect more emerging-market turmoil this year. For investors, the moves of Justin Leverenz and his Oppenheimer Developing Markets fund will be closely watched.

When disaster befalls a company, investors often bail and hit the "sell" button. The bad news sends them, and customers, packing.

The offshore yuan plunged to a five-year low against the US dollar on Wednesday, sending equity and currency markets across the globe into a tizzy

In afternoon trading on Wednesday, Energy stocks are the worst performing sector, showing a 5.6% loss. Within the sector, Southwestern Energy Company (NYSE: SWN) and Murphy Oil Corp (NYSE: MUR) are two of the day's lagga...

The Business Expectations Index of the services PMI recorded its second lowest reading in the history of the survey in December, highlighting a weak degree of confidence

Apart from the financial investment, General Motors will also work with Lyft in developing an on demand network of self -driving cars and set up a series of short term car rental hubs where General Motors will become the...

How far China lets the currency devalue is the new key risk to watch. If Wednesday's move was just the beginning, it is bad news for sure

Global debt capital markets tanked from already weak conditions to end up with the lowest level of activity since late 2011 in Q4 2015. Companies around the globe raised less than $1.1 trillion through debt issuance over...

Graphics Processors (GPUs) manufacturer Nvidia kick-started the 2016 Consumer Electronics Show with the launch of DRIVE PX-2, a lunch-box size super-computer for self-driving cars. The automotive segment is the fastest g...

The overall slowdown in China's auto sales and the gloomy outlook for its economy remain threats to JLR and, therefore, to Tata Motors

Slowing same-store sales growth and falling margins should continue to weigh on Bed Bath & Beyond's results.

The PowerShares Aerospace & Defense Portfolio ETF is seeing unusually high volume in afternoon trading Wednesday, with over 394,000 shares traded versus three month average volume of about 86,000. Shares of PPA were off ...

In trading on Wednesday, the Gold Miners ETF  is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Semafo, up about 6.9% and shares of Alacer Gold, ...