S&P 500 bounces back from early lows; Nasdaq higher
The S&P 500 recovered from steep early losses to trade modestly higher by late afternoon on Wednesday as investors snapped up oversold shares, although signals...
Tesla stands by safety claims despite U.S. probes, subpoenas over crashes
Electric carmaker Tesla Inc stood by its Model 3 safety claims on Wednesday in the face of regulatory scrutiny, while documents showed the top U.S....
Oil dives nearly 5% to seven-month low on surprise U.S. stock build, trade war
Oil prices tumbled more than 4.5% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and...
Former Defense Secretary Mattis rejoins General Dynamics board
Former U.S. Defense Secretary Jim Mattis will rejoin the board of defense company General Dynamics Corp , seven months after quitting his job in the...
Your Money: What to do if you need to sell stocks now
When stocks are volatile, conventional wisdom says to stay the course. But what if you have tuition due or a pending home purchase and you...
CVS Health raises 2019 profit forecast after beating profit estimates
CVS Health Corp raised its full-year profit forecast and reported higher-than-expected second-quarter results on Wednesday, as increased U.S. prescription drug prices fueled rebates to its...
U.S. government contractors get first look at Huawei ban
The U.S. agency responsible for government contracts on Wednesday released an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese...
Ryanair’s UK pilots vote to strike later this month
Members of Ryanair’s British pilot union voted on Wednesday in favor of strike action later this month in a dispute over working conditions, the British...
Oil dives 4% to seven-month low on surprise U.S. stock build, trade war
Oil prices tumbled more than 4% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and...
U.S. banks limp away from hopes of interest margin expansion
Big U.S. banks are under pressure again, as policymakers around the globe have dashed any hopes that the industry might finally be able to earn...