U.S. stocks plunge at open after Chinese stock rout
Major U.S. stock indexes dropped more than 4 percent following the opening bell after China's stock market fell Monday by its biggest margin in eight years.
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U.S. stock indexes plummet after China fears spur global sell-off
The U.S. stock market endured its worst performance in 18 months on Thursday, driven lower by another slump in Chinese shares and heavy selling by technical traders.
U.S. stocks hit hard by China’s faltering economy
The Standard & Poor’s 500 index sank 1.4 percent Wednesday morning, giving it the worst two-day retreat since January and erasing its gain for 2015.
New York Stock exchange shutdown lasts three-plus hours
The New York Stock Exchange halted trading for 3-1/2 hours Wednesday because of a computer malfunction, forcing traders to route orders elsewhere in a drama that also highlighted the resilience of U.S. market structure.
New York Stock Exchange suspends trading in all securities
Equity trading was halted Wednesday at the New York Stock Exchange as the biggest American share venue addressed a computer malfunction and canceled open orders.
State looks within to fill securities commissioner post
Alex Glass will be sworn in as securities commissioner on July 1, replacing interim commissioner Brandon Clifton, who has been filling the role for the past month after the abrupt resignation of Carol Mihalik.
If only HHGregg could rewrite its stock-buyback history
The struggling appliance and consumer electronics retailer, must be suffering from a bout of buyer’s remorse these days after plowing more than $150 million into share repurchases over the past four fiscal years.
Investors closely following potential merger wave
The takeover game is rampant among U.S. health insurers and stock investors are filling the stands.
Hedge funds bet on Noble Roman’s
Two hedge funds have been beefing up stakes in Indianapolis-based Noble Roman’s, a 43-year-old pizza chain with a depressed stock price and an evolving business model.
Fed is moving toward rate hike, but just when still unclear
Many analysts predict that if the economy keeps improving, the Fed will raise its key short-term rate in September. That rate has been held near zero since 2008.
U.S. stocks slide, pushing Dow into red for year
Stocks have sagged in the past two weeks as investors try to assess if Federal Reserve policymakers will raise their benchmark interest rate later this year for the first time since the recession.
AP report: Companies ‘adjust’ profits more in their favor
As the stock market climbs ever higher, professional investors are warning that some public companies are presenting misleading versions of their results to make it seem like they're doing better than they really are.
International Monetary Fund cuts U.S. growth forecast
The International Monetary Fund is downgrading its outlook for the U.S. economy this year and says the Federal Reserve should wait until the first half of 2016 to start raising short-term interest rates.
Biglari sticks it to critics after shareholder victory
Sardar Biglari conceded nothing after beating back a campaign to oust him and the five other directors of Biglari Holdings Inc., which owns Steak n Shake.
Dot-com deja vu: Nasdaq tops 5,000, approaching record high
The last time the NASDAQ composite index was this high, Bill Clinton was president and your Internet connection was probably still dial-up.
Auer Growth Fund, falling short of name, plans to stay the course
Some fund managers tweak their strategies or fees when things aren’t going so well. But don’t look for Bob Auer, the fund’s 53-year-old senior portfolio manager, to do so.
Indiana to get slice of S&P’s $1.38B government settlement
Standard & Poor's has agreed to pay about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis.
As oil prices go haywire, refiner Calumet sticks to playbook
Whether Calumet Specialty's depressed stock price combined with its rich quarterly dividend create a buying opportunity is the subject of intense debate among investors these days.
GUY: Hot stock market tempts investors with euphoria
Both euphoria and panic are easily treated by a disciplined regimen of patience and perspective.
Fed promises ‘patient’ approach to a rate increase
The Federal Reserve is edging closer to raising interest rates from record lows but Chairwoman Janet Yellen said she foresees no rate increase during the first quarter of 2015.