U.S. stock futures inched higher, suggesting major indexes will hold on to gains that came last week amid milder expectations for interest-rate increases down the road.
A debt default has been long in coming since Western sanctions created payment obstacles Moscow couldn’t overcome.
More public pension plans than ever are using leverage, investing borrowed money in an effort to earn higher returns and close big funding gaps. “They’re treading on very risky footing.”
Carnival, Royal Caribbean and Norwegian Cruise Line are all eyeing a near-term return to profitability this year, but some analysts think they could be sailing into a recession with boatloads of debt.
In a role reversal, Ukraine could be the one helping Europe after an exodus of residents left the war-torn country with surplus electricity to sell.
Value stocks are on track to beat shares of fast-growing companies by the widest margin since 2001.
A deluge of trades strained Robinhood Markets and the markets ecosystem surrounding it during the week in January 2021 when meme stocks exploded, according to a House panel.
Vladimir Putin has given low-carbon hydrogen projects a lift this year, but you wouldn’t know it by looking at the stock market.
After the Parkland shooting in 2018, big banks didn’t see eye-to-eye on gun policies. Little has changed since.
The software company has closed an all-cash acquisition deal with a group of buyout firms led by Hellman & Friedman LLC and Permira.
U.S. stock indexes moved more than 2% higher, as investors shifted their views about central bank policy after weak economic data.
Prices have been boosted by a Biden administration mandate to blend more of the biofuel into gasoline and some of the highest U.S. consumer inflation in decades.
CarMax is thriving despite sky-high used-car prices and rock-bottom consumer sentiment.
Its buyout is worth about $6.6 billion less than a previous offer, but the software maker had boxed itself in.
Sam Bankman-Fried’s crypto exchange is in talks to acquire a stake in BlockFi, a crypto lender that FTX gave a $250 million credit line this week.
The agreement with Credit Suisse will remove a debt overhang for the governor, who personally guaranteed $850 million in loans.
Stocks rally after a softer-than-expected reading on inflation expectations, but the Federal Reserve will be eyeing actual prices.
Banks again proved their soundness in the Federal Reserve’s annual exam, but higher capital requirements may still squeeze them.
Tech company Harmony says it is working to retrieve funds and identify who is behind the theft on one of its blockchain bridges
Fed chief Jerome Powell testified before Congress for a second day. On Wednesday, he said the Fed’s aggressive rate increases to fight inflation could cause a recession.