Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread 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
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 combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national...Politicsread more
TOKYO - A powerful typhoon that washed four American airmen in Okinawa out to sea slammed central Japan on Monday, forcing the cancellation of more than 600 flights.
Phanfone had earlier been downgraded from a super-typhoon to a Category One shadow of its former self but Japan's 18th typhoon of the season still packed a punch. Wind gusts of up to 100 mph and at least a foot and a half of rainfall meant that dozens of schools were closed as Phanfone barrelled its way through the capital of 13 million people.
At least 21,000 homes lost power. In the low-lying areas west of Tokyo, whole towns were inundated. But just minutes after the eye of the storm had passed, blue skies appeared over Tokyo and heavy rains thinned into a light drizzle.
Four U.S. airmen were swept out to sea Sunday while posing for photos in front of heavy, breaking waves off Okinawa. One crawled to safety, one died and two others were missing, presumed dead. The Air Force said the search for the missing airmen had been interrupted by rough seas.
Okinawa is home to about half of the roughly 50,000 American troops stationed in Japan. A surfer went missing off the coast of Fujisawa, a beach suburb of Tokyo, the coast guard said. Phanfone also lashed the F1 Japanese Grand Prix, which went ahead but saw a crash in which French driver Jules Bianchi suffered a serious head injury that required emergency surgery. Meanwhile, Typhoon Vongfong was lashing the Mariana islands in the Pacific and was heading for Japan later this week.