There's a theory that retiring boomers cashing out will cause a 'dark period' for the stock market
Jefferies analysts discuss an economic theory that the impending wave of baby boomer retirements could trigger a U.S. equity slump.
Jefferies analysts discuss an economic theory that the impending wave of baby boomer retirements could trigger a U.S. equity slump.
Nike Inc's first-quarter revenue and profit beat Wall Street estimates on Tuesday as the sportswear maker's strategy to sell sneakers and apparel directly to consumers through its own stores and online retailers powered growth.
Democratic presidential candidate Bernie Sanders is scheduled to join United Auto Workers members on a picket line in Detroit on Wednesday, underscoring the extent to which the longest auto worker strike in nearly 30 years has become a political event.
U.S. stocks fell in volatile trade on Tuesday, giving the S&P 500 its biggest daily drop in a month, as a push for the impeachment of U.S. President Donald Trump gained momentum among Democrats in the U.S. Congress.
Germany will guarantee a 380 million euro ($418.6 million)bridging loan for Condor, the German airline owned by insolvent British travel operator Thomas Cook, to enable it to continue flying and save jobs, the economy minister said on Tuesday.
WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control, after SoftBank Group Corp and other shareholders turned on him over a plunge in the U.S. office-sharing start-up's estimated valuation.
A gauge of global stocks fell for a third day on Tuesday as a push by some Democrats for the impeachment of U.S. President Donald Trump gained momentum, and the British pound strengthened after the UK Supreme Court ruled Prime Minister Boris Johnson's decision to suspend parliament was unlawful.
Sprint Corp received tens of millions of dollars in government subsidies for 885,000 low-income subscribers who were not using the service, the Federal Communications Commission said on Tuesday.
A grand jury indicted a senior manager at Fiat Chrysler Automobiles NV (FCA) on charges he lied to regulators about diesel emissions, alleging the deception continued even after a scandal over cheating on government environmental tests had engulfed rival Volkswagen AG .
Oil prices plunged more than 2% on Tuesday to their lowest since the Sept. 14 attacks on Saudi Arabia's key oil facilities, after U.S. President Donald Trump rekindled fears the Sino-American trade conflict that has crimped energy demand is far from over.
U.S. stocks fell in volatile trade on Tuesday, giving the S&P 500 its biggest daily drop in a month as a push for the impeachment of U.S. President Donald Trump gained momentum among Democrats in the U.S. Congress.
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her lawyers argued again that Canada abused its immigration processes to gather evidence against her, a claim the government says is without an "air of reality."
Coindesk | Nikhilesh De | Sep 24, 2019 Well, that was a bit anticlimactic. After two years of work and more than a year of hype and regulatory delays, the Bakkt bitcoin futures market had a lackluster first day of trading. When the session closed at 22:00 UTC Monday, only two daily futures contracts and 71
Nike Inc's quarterly revenue and profit beat Wall Street expectations on Tuesday as a push to sell sneakers and apparels to consumers through its own stores and online retailers gained pace, boosting margins and sending its shares up 6%.
A U.S. House panel unveiled bipartisan legislation this week that would authorize $1 billion for small and rural wireless providers to remove network equipment bought from companies including Huawei Technologies Co Ltd [HWT.UL] and ZTE Corp, which lawmakers say poses a national security risk.