Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The euro jumped on Thursday after the European Central Bank left interest rates unchanged on Thursday, holding its nerve in the face of uncomfortably low inflation though it could still unleash other measures to pep up a fragile euro zone recovery.
Although inflation remains under 1 percent, the central bank said it expects a "gradual upward movement" in inflation in the medium-term, though expectations "continue to be firmly anchored."
Ahead of the decision, the market was split 50-50 on the chances of that happening, a decision to do nothing can also be expected to send the currency the other way.
The euro last rose half a cent above $1.38.
The Australian dollar spiked to a nine-day high after upbeat retail sales and trade data. It has gained 3.5 percent since bottoming out in January after a sustained campaign by the Reserve Bank to weaken the currency.
Major currency markets have been pretty resistant to the geopolitical tensions stemming from a standoff between Russia and Ukraine but another day of relative quiet in the Crimea helped both the euro and dollar gain against the yen. The dollar rose to 102.74 yen in early European trade and the euro to 141.04, both up almost half a percent.