U.S. stocks dropped sharply with global markets, raising speculation that a long-awaited equity market correction has finally begun.
Major indexes fell heavily at the open, weighed by European shares on concern over the health of Portugal's banks and weak global data.
With the stock market recently at all-time highs, it's more attractive to sell than buy, said private-equity billionaire Wilbur Ross.
"All I know is that I disassociate from this," the company's former auditor told CNBC.
European debt crisis deja vu is the last thing Wall Street wants, says veteran trader Art Cashin.
Shortly after shuttering its stores, Crumbs Bake Shop is close to securing financing from a prominent investor group.
Hedge-fund manager Todd Schoenberger once said "Homeownership is for suckers." It's way beyond that now, he says.
Microsoft CEO Satya Nadella told employees their mission is to "reinvent productivity to empower every person and every organization on the planet."
While you might not know their names now, you will. They are five hedge fund stars of the future as identified by Institutional Investor.
Microsoft CEO Satya Nadella committed to develop its Xbox platform in a letter to employees, quashing rumors that it might be spun off.
AirCare, a travel insurance company, insures tarmac delays of more than two hours for $1,000, plus more. NBC News reports.
Global equity markets slumped Thursday amid concerns over U.S. economic growth and weaker-than-expected data from China and the euro zone.
The Tax Foundation broke down just how much Zack "Danger" Brown could owe for his potato salad Kickerstarter campaign.
In a dining environment where cellphones have become as ubiquitous as breadbaskets, one recent trademark filing stands out.
Home sales are rising but still well below last year. The answer is simple: Too many people can't afford to buy homes.
Shares in one of Portugal's main banks, Banco Espirito Santo, were suspended from trading after dropping another 17 percent, Dow Jones reported.
Natural gas consumption could jump over the next five years—if prices remain steady, according to Oilprice.com.
The U.S. is producing vast amounts of oil—but isn't quite in Saudi Arabia's league just yet, according to experts.
This is a link to an NBC News story.
Some U.S. states have cut taxes to lure businesses and create jobs, but the growth hasn't materialized. The Fiscal Times reports.