In every major sell-off, the proverbial baby is almost always thrown out with the bathwater, because terrified investors think that everything is going to zero and will stay there. While many of the stocks that have been hammered during one of the worst five months in the stock market in […]

Fox Business Flash top headlines for May 20 Check out what’s clicking on FoxBusiness.com. Apple's climb to become the world's most valuable company came to fruition as Steve Jobs built the tech giant and as former chief design officer Jony Ive and current chief executive officer Tim Cook took it […]

The futures traded higher Friday, as we get set to wrap up a horrible week for the equity markets. All the major indexes closed lower once again, and the song remains the same: continued red-hot inflation, profit margins being squeezed by rising input costs and the knowledge that the Federal […]

Stocks in bear market until next year’s ‘bottom’: Expert Piper Sandler chief investment strategist Michael Kantrowitz tells investors to stay defensive, and not to call a market bottom until 2023. Spirit Airlines' board of directors has recommended that its shareholders reject a $30 per share tender offer from JetBlue Airways, […]

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London (CNN Business)Shares of retailers were pummeled on Wednesday as investors dug through […]

All three major U.S. equity indexes posted gains of more than 1% Tuesday but gave some of that back in premarket trading Wednesday. Interest on 10-year Treasuries has risen above 3%, stoking worries about rising inflation and declining consumer spending. The monthly report on housing starts and new building permits […]

New York (CNN Business)JP Morgan Chase investors on Tuesday voted down a multimillion-dollar payout for CEO Jamie Dimon. The pay proposal they rejected included a massive $52.6 million retention bonus as part of Dimon’s 2021 compensation package, just months after the bank’s board approved the incentive. With the bonus, Dimon’s […]

The convulsions and implosions in the crypto universe are galvanising regulators and legislators around the world, almost ensuring that “something” will be done to draw at least some crypto assets into conventional regulatory nets. What that something might be is widely open for debate, with regulators torn between competing arguments […]

All three major U.S. equity indexes posted solid gains Friday: the Nasdaq Composite added 3.8%, the S&P 500 added 2.4% and the Dow rose 1.5%. Investors gave the impression that the market was oversold, following Thursday’s blood bath. The two-year Treasury note added eight basis points and the 10-year added […]

Americans facing record inflation rates, gas prices ‘Kennedy’ party panel reacts to President Biden’s ‘economic blunders’ as inflation hit 8.3% in April. The S&P 500 has gotten crushed in a widespread selloff this week, and the index is likely to tumble even lower before it starts to rebound, according to […]