A worrisome form of stagflation is in the offing, threatening severe and lasting consequences for the global economy and world financial markets.

The company undershot the Zacks consensus estimate for earnings, logging net adjusted earnings of $2.42 per diluted share, a two cent miss after analysts had estimated $2.44.

Retirees are concerned that their federal benefits could be cut, but are confident they will live comfortably.

Sales of previously owned US homes fell in March by the most since 2022 as buyers remained constrained by high mortgage rates and prices.

Apollo has partnered with State Street Corp. on a private-credit ETF and Lord Abbett on an investment-grade credit interval fund, which typically offers investors a chance to redeem some of their ...

Norway’s $1.7 trillion sovereign wealth fund reported its biggest loss in six quarters in what was a roller-coaster period for markets globally, with the decline largely caused by a drop in the value ...

One of Wall Street’s biggest bulls is throwing in the towel on expectations for large gains this year, seeing tariffs hitting corporate America the hardest.

Money markets are currently favoring the ECB to deliver three more quarter-point cuts this year, taking the deposit rate to 1.5%. For the Fed, traders anticipate at least three reductions to 3.75%, ...

Trump entered office with a steadfast desire to reshape the global economy. But his resolve has appeared to waver in the face of turmoil in equities and bonds and pleas from powerful executives who ...

Criminals are hijacking online brokerage accounts in Japan and using them to drive up penny stocks around the world. The wave of fraudulent trading has reached ¥100 billion ($710 million) since it ...

Ever since President Donald Trump unveiled his “Liberation Day” tariffs on April 2, financial markets have been subjected to an extraordinary degree of whiplash that has yet to relent.

In an internal memo, Commonwealth CEO Wayne Bloom acknowledged that advisors fear the company name will disappear.