Market News

MIT professor says passenger death risk in Boeing MAX flights is 20 times higher than global industry average

Rio Tinto (NYSE: RIO) expenses have trended steadily lower from around $29.0 billion in 2016 to about $26.6 billion in 2018. As a percentage of revenues, expenses have decreased from 86% in 2016 to 66% in 2018. Company's...

The U.K. election has one big winner: The thesis that "getting Brexit done" after 3½ years of uncertainty is the only thing that really matters. Reality will likely prove more complex.

Broadcom now defines wireless chips as outside of its core, which is viewed by some on Wall Street as equivalent to putting out the "For Sale" sign.

The most controversial aspect of Chicago Mayor Lori Lightfoot's (D) fiscal year 2020 (FY20) budget turned out to be a proposal to raise the tax on rideshare companies like Uber and Lyft.

Costco Wholesale reported lower-than-expected quarterly revenue on Thursday, hit by a slowdown in the number of customers shopping on the warehouse club operator's website.

The recreational-vehicle industry is attracting new buyers and digging itself out of an inventory hole, but valuations look oversize.

Wills are very flexible and can include a number of provisions that will assist you to carry out your wishes. But, they are not one size fits all, and won't provide complete solutions for large or complex estates. Nevert...

Indonesia's anti-corruption agency is sounding a warning about the bad side of Chinese investments beyond its borders--the potential for corruption and economic influence.

MGM operates 9 properties in Las Vegas, 2 properties in Macau, and 8 properties in other regions of the U.S. In October, the company announced the sale of Bellagio and Circus Circus, two prominent properties in Las Vegas...

Best Buy (NYSE: BBY) spent $8 billion on Selling, General and Administrative expenses in FY 2019 (ended January 2019) which was 18.7% of Total Revenues. Trefis estimates the expense to be around 17.7% of Total Revenue in...

The pound's rise from multiyear lows in September has made it one of the market's best-performing currencies.

Trump broke his daily record for tweets and retweets combined Thursday on a China trade deal nearing, reversing a trend that analysts had identified on stock trading.

November retail sales were weak, and while that might have been due to quirks of the calendar, it also was a reminder that U.S. consumers aren't in a rush to spend their money.

Boeing's Commercial Airplanes segment took a sizable hit this year in the aftermath of the 2 fatal 737 Max 8 crashes, with revenues for 2019 likely to fall to below $46 billion from $60 billion in 2018. However, we belie...

Many think the move is shameful. But research suggests the problem is all in the regifter's head.

A dirty secret of the investment business is that fund managers don't buy and hold. Not because they don't want to, but because they can't.

Advisory & Underwriting operations form an integral part of the Investment Banking division of UBS (NYSE: UBS) and Deutsche Bank (NYSE: DB). While Deutsche Bank has historically generated more Advisory & Underwriting fee...

Roku Inc. (NASDAQ: ROKU) has seen its total revenues grow by 86% from $399 million in 2016 to $743 million in 2018. Revenue is expected to increase to $1.1 billion in 2019 and further to $1.6 billion by 2020, which amoun...

Trading fractions of stocks is becoming more mainstream.

This morning, investors continue to show optimism about a U.S.-China trade deal, and decisive results from the UK election also seem to be helping sentiment.

The New York Fed added $56.45 billion in short-term liquidity to the financial sector to get markets through the weekend.