Market News

An investment firm known for buying up distressed assets has become the largest single owner of New York City taxi-medallion loans.

The U.S. Treasury Department next week will auction $241 billion in securities, ranging from 13-week bills to seven-year notes.

UBS spent the last nine years reinventing itself as the world's largest wealth manager. For its next act, the bank wants technology to drive higher profits from its client base and reduce costs.

Democratic presidential candidates' calls for "Medicare for all" may seem like a threat to profits and innovation in the U.S. healthcare sector, but not all industry executives see it that way, even in the remote chance ...

Fidelity Investments' parent company has sold stakes to other financial firms in its software startup that gives consumers more control over how their bank-account information is shared with online financial applications...

Garlic prices are rising. The reason: the widening coronavirus outbreak is causing disruptions in the supply chain in China, the world's largest producer of the vegetable.

A surge in technology shares has propelled U.S. stocks to new heights this year. Options traders are betting that the record run in tech will continue.

Bitcoin markets have been trading between $9,400 and $9,800 after their recent drop. Where will the cryptocurrency head next?

It is possible to make 15% to 19% per year, every year, from perfectly safe dividend stocks.

A rift had grown between the founders of the $6.9 billion company.

Prices climbed for the sixth time in seven days after weekly inventory figures showed U.S. crude stockpiles rose less than expected last week.

The chip maker's data-center business roars back--at least until the next 'digestion' phase.

Shares of Tivity Health plunged as it took a charge for the acquisition of the diet-nutrition provider.

The company reported an adjusted profit of $2.12 per share. Analysts polled by Refinitiv expected earnings of $1.03 per share.

Morgan Stanley is reshaping its business with the $13 billion acquisition of E*Trade. But the next generation of E*Trades have already scaled up a big user base through app stores, and may soon be attractive M&A targets,...

There is sound logic to buying E*Trade, but the rich price sets a high bar for creating value for investors in the near term.

Norwegian Cruise Line has canceled its voyages in Asia through the third quarter of 2020 and expects to take an earnings hit of 75 cents per share for the full year because of the coronavirus, the company said Thursday.

Domino's stock is pricing in too much optimism despite a thriving business.

All modern economies are 'mixed' economies, and all mixed economies are 'socialist' in one way or another. The question to ask is accordingly not 'whether' socialism, but 'which' socialism. It is, in other words, 'social...

In an exclusive interview, the company's Chief Downstream Operations Officer Thomas Gangl says OMV has first mover's advantage and a pretty high pain threshold in finding a circular economy for plastics.

GAM Holding said it would slash jobs and streamline its operations as part of a new cost-cutting strategy aimed at stabilizing itself after nearly two years of turmoil.

Royal Dutch Shell, the global leader in liquefied natural gas sales, said coronavirus was hurting demand for the supercooled fuel and prompting it to reschedule or locate new buyers for cargoes previously allocated to Ch...