Market News

This is probably the best aid package that airline investors could hope for, but it shouldn't be read as a recovery signal.

Asia's dollar holdings are now a vulnerability few governments saw coming

As inventories of oil rapidly accumulate, producers could soon be forced to pay consumers to take it off their hands--effectively pushing prices below zero.

Barclays is forecasting another 5.5 million people would have filed for unemployment in the week ending April 11.

As the coronavirus crisis wears on, the bank expects another 5.5 million claims will be reported tomorrow morning.

The Atlanta Fed president said that while there is huge uncertainty surrounding the outlook, it is possible the economy could start to regain its footing in the third quarter.

Ray Dalio says it's crazy to hold bonds. That includes emerging market bonds that are not benefiting from Fed actions.

...some of the best stock performances occur during bear markets. These 'rebounds' during a bear market are known as bear market rallies or bear traps. This was the case in 1974 and it, I believe, was the case last week.

Allocating more funds to the program has been the subject of a days-long conflict between congressional Democrats and Republicans.

Big banks' trading desks posted their strongest results in years during the first three months of 2020, even as the deepening coronavirus crisis wreaked havoc on the lenders' consumer businesses.

Wall Street institutions got a big lift from their capital-markets businesses in the first quarter, helping cushion the impact of coming defaults. The sustainability of that boost will be hugely important, as the need to...

Treasury Secretary Mnuchin says he expects 80 million people to receive their direct payments by today.

Apple's new iPhone SE offers a cheaper entry into the ecosystem that the company needs to grow.

While it is tempting to dismiss recent economic data in the light of COVID-19, Wednesday's stock market sell-off shows that, once again, ignoring the present in an attempt to focus only on a rosy view of the future can b...

Oil is now under $20. Saudi's Energy Minister tells Maria Bartiromo that every oil producer must make good on its promise to slash oil output as the pandemic continues.

Crude Oil futures just broke below their March 2020 lows and are plunging even after President Trump brokered a deal for OPEC to slash production.

The mayor pleaded with the federal government for more aid.

The S&P 500 is up 24% since its recent bottom. You'll get a chance to buy at a lower level.

Historically bad U.S. retail and industrial data for March mean April will be worse, digging a deep hole for the economy in the second quarter.

Occidental Petroleum has elected to pay a quarterly $200 million payment it owes Warren Buffett's Berkshire Hathaway in shares, a sign of the financial strain the company is facing as the coronavirus erodes demand for oi...

The kingdom is seeking to raise billions of dollars via a bond sale, joining other oil-exporting Persian Gulf states that tapped the debt markets last week to solve a funding shortfall caused by low oil prices and the co...

The dollar rallied against most currencies Wednesday as concerns about the economic impact of the coronavirus pandemic and the lack of a global policy response fueled investor jitters.