S&P 500 drops for seventh day, posts biggest weekly fall since 2008 crisis
The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial...
Sanofi to pay $11.9 million to resolve U.S. drug kickback probe
Sanofi SA has agreed to pay nearly $11.9 million to resolve allegations that it used a charity that helps Medicare patients cover out-of-pocket drug costs...
As stocks plunge on coronavirus, hedge funds can brag: ‘we’re down less!’
This week’s stock market plunge on coronavirus worries has given hedge fund managers a rare opportunity to brag that they are performing better than traditional...
Oil prices sink to lowest in over a year, biggest weekly drop since 2016
Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, causing futures to drop by...
Wall Street losses broaden with no clarity on coronavirus impact
Wall Street’s main indexes tumbled for the seventh straight day and were on track for their biggest weekly dip since the 2008 global financial crisis...
Cooling consumer spending, inflation put spotlight on Fed amid coronavirus
U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived...
Stock markets melt on coronavirus fears, U.S. Treasury yields hit fresh lows
Coronavirus panic sent world stock markets tumbling again on Friday, putting them on course for their largest weekly fall since the 2008 global financial crisis,...
Think the S&P 500 is in bad shape? Its components look worse
Wall Street’s worst week since 2008, sparked by fears about the fast-spreading coronavirus, has left almost half of the S&P 500’s stocks in bear market...
Stocks pare losses slightly; Fed chair vows to support economy as appropriate
The S&P 500 pared losses slightly after the U.S. Federal Reserve Chair Jerome Powell said the economy was solid though coronavirus posed a risk and...
SoftBank communications chief Gary Ginsberg takes leave to aid Bloomberg campaign: sources
Gary Ginsberg, the global head of communications for SoftBank Group Corp , has taken an indefinite leave of absence to advise Michael Bloomberg’s U.S. presidential...