U.S. futures edged lower ahead of the opening bell, putting the Dow Jones Industrial Average on track for its longest losing streak since 1978. Futures markets pointed to a 0.2% opening loss for the Dow.
Many investors and analysts worry the postelection rally has outpaced the fundamentals, such as corporate earnings, that drive stock gains over time; some say a 10% pullback from the March 1 high could be healthy by deflating pockets of froth and providing buying opportunities
Stock markets pulled back as in early Asian trade on Wednesday following declines in stocks, the dollar and bond yields overnight, as investors re-evaluated their optimism around the ‘Trump trade.’
President Trump’s Supreme Court nominee, set to appear before a Senate committee this week, wins praise from Democrats for his civility. But some high-school and college acquaintances remember him as a provocateur who took after his dynamic mother, a Reagan cabinet member.
With the cooperation of one of his former underlings, the authorities zeroed in on Tom Hayes, the disheveled, socially awkward mastermind of the Libor scandal. An excerpt from David Enrich’s new book, ‘The Spider Network.’
Already depleted by foreign competition, towns offer increasingly lucrative tax breaks and other benefits to keep companies local, sometimes squaring off with neighboring municipalities.
President Trump heads to Detroit Wednesday, a trip coinciding with the EPA’s expected reversal of an Obama administration decision to lock in tougher targets for tailpipe emissions.
Apparel seller Stitch Fix recently introduced a coral, sleeveless blouse with a split neckline that was designed with the help of artificial intelligence. The design is part of a movement in the tech industry to develop software that can be creative and produce content such as songs, logos and artwork.
In final push to vanquish Joseph Kony’s murderous Lord’s Resistance Army, the U.S. is waging a psychological battle to draw the last rebels from the Central African bush.
Hundreds of scandals are coming to light as prosecutors and police in smaller cities press corruption probes. They have been emboldened by a three-year-old nationwide case dubbed “Car Wash” that ensnared top political and business figures.
Global markets fell as investors continued to worry about the Trump administration’s ability to push through the policy initiatives whose prospects had helped propel stocks the past few months.
The U.S. is losing the battle to supply the kind of cutting-edge production machinery behind the new automated factory floor, from digital machine tools to complex packaging systems and robotic arms.
U.S. stocks, the dollar and government bond yields pulled back, as major indexes headed toward one of their steepest declines of the year. Some investors have attributed sluggish trading over recent sessions to the lack of progress on hoped-for policies from President Donald Trump’s administration.
As lord mayor—the City of London’s cheerleader-in-chief—in the Brexit era, organ-playing ex-rocker Andrew Parmley pulls out the stops for British financiers to win over investors.
Many areas of the Midwest have struggled with population loss as manufacturing declined and farms needed less labor. But Sioux Falls, S.D., is on a tear, after undergoing an unlikely transformation into a financial and health-care powerhouse in the middle of cornfields.
Auto executives say they can adapt to taxes or other curbs on imports, even as industry advocates insist such moves will dent sales and eat into profit.
March Madness is here and so is college basketball’s irresistible, annual exercise in futility. Here’s a guide before you make your (perfect) picks.
Uber is squaring up for a long fight in Seattle to block the nation’s first real unionization effort for app-based drivers, pitting it against the Teamsters labor union and Seattle’s city council.
The University of Texas MD Anderson Cancer Center launched an ambitious project with IBM Watson to transform cancer care with the help of artificial intelligence. Almost five years and more than $62 million later, the institution has little to show for it, according to an audit.
A former ISIS recruit in New York City has now been recruited to help prosecutors by intervening with young potential terror suspects.
Tencent has taken a 5% stake in Tesla, making the biggest company in China one of the largest owners of Elon Musk’s cash-hungry electric car maker.
As rock ‘n’ roll loses its founding megastars—and sales juggernauts—the music industry faces pressure to revamp.
Media companies that have profited from channels with little viewership are being forced to shut some down or at least shift investment away from them. The changes are a harbinger of what could lie ahead for better-known cable brands.
Three tokens of the board game have been ousted by popular vote, disappointing loyalists; ‘It broke my heart’
In a never-published manuscript, Richard Hickock, one of the killers depicted in Truman Capote’s ‘In Cold Blood,’ tells his story about the 1959 murder of the Clutter family, revealing new insights about his view of the killings and raising questions about his motive.
In their first interview, Korea expert Robert Kelly and his wife Kim Jung-A describe the circumstances, chaos, and global reaction to their now-infamous home-office Skype catastrophe; ‘she was in a hippity-hoppity mood.’
Intel sent a fresh shock wave through the automotive supply chain, becoming the latest tech giant to gobble up a specialized car components supplier. It may be the type of big bet needed to populate roads with self-driving vehicles.
States such as Kentucky, Wisconsin and Arkansas have adopted, or are considering, funding models for higher education that allocate money based on outcomes like student graduation and retention rates.
The February jobs report is the last major economic data before next week’s Federal Reserve meeting, when officials could raise short-term interest rates for just the third time since the financial crisis.
General Motors will sell its European business for $2.3 billion, with the Opel and Vauxhall brands going to France’s Peugeot.