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US weekly jobless claims sink to pandemic-era low of 576,000 as hiring accelerates

Continuing claims, which count Americans receiving unemployment benefits, rose to 3.73 million for …

Ben Winck   


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Global strategy chief says the biggest concern for markets is the election, and breaks down the best ways to protect investments heading into November

Mark Grant of B. Riley FBR has been telling people and institutions to have more cash than usual to…

Emily Graffeo   


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Lumber prices hit a record high after soaring more than 250% in the past year

Spot lumber prices hit a record high of nearly $1,200 per thousand board feet on Tuesday after moun…

Will Daniel   


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Eastman Kodak spikes as much as 79% in turbulent trading that triggers multiple halts

The volatile trading session came after a seven-day slump when Kodak shares shed 53%.

Carmen Reinicke   


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WTO trade index hits a record low, signals that a global V-shaped recovery is unlikely

Due to future uncertainty around the global economy, trade, and COVID-19, "an L-shaped recovery is …

Carmen Reinicke   


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Momenta Pharmaceuticals spikes 69% after agreeing to $6.5 billion Johnson & Johnson takeover

The deal values Momenta at $52.50 per share, a 70.4% premium to its Wednesday close. The deal is ex…

Ben Winck   


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A self-taught hedge fund manager who's returned 19%-plus annually to investors since 2012 shares the 3 books that 'put it all together' for him

Along Kiel's road to hedge fund founder and manager, he was able to develop his investment strategy…

Christopher Competiello   


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Christopher Competiello   


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10 things you need to know before the opening bell

This is what traders are talking about.

Saloni Sardana   


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The world's biggest shipping company posted a shock 25% rise in profits as global demand starts to recover amid the pandemic

Maersk posted an increase a 25% increase in operating profit to $1.7 billion in Q2 2020. Maersk sai…

Saloni Sardana   


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A disputed US presidential election would fuel wild stock market volatility and possibly boost gold, UBS says

Stocks would likely tumble in the wake of an inconclusive election day but heightened volatility wo…

Ben Winck   


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S&P 500 closes at record high amid positive housing data and tech rally

The S&P 500's first record close since Feb. 19 completes the index's fastest-ever rebound from a be…

Carmen Reinicke   


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10 things you need to know before the opening bell

US President Donald Trump and first lady Melania Trump look at the North Carolina grown Fraser Fir …

Akin Oyedele   


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Global stocks struggle for direction after S&P 500 hits an all-time high, and traders eye US-China tensions

In Europe, stocks saw small gains, while futures pointed to another marginally up day for the US ma…

Saloni Sardana   


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Christopher Competiello   


Christopher Competiello   


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What you need to know on Wall Street today

The so-called FANG stocks - Facebook, Amazon, Apple, Netflix and Google-parent company Alphabet - s…

Olivia Oran   


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5 mins read

Iconic hedge fund billionaire Seth Klarman explains why traditional business models are broken, and outlines how companies can fix them

"Business schools have sometimes taught that shareholder value maximization is the Holy Grail, the …

Richard Feloni,Joe Ciolli   


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NBC has saved 'Brooklyn Nine-Nine' after a social media uproar from fans

"Ever since we sold this show to Fox I've regretted letting it get away, and it's high time it came…

Lindsay Dodgson   


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Stocks wipe out 2018 gains as FAANG stocks slide into a bear market

"Last week saw a pullback following a strong two-week period, as investors are displaying confused …

Gina Heeb