Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
Something unusual is happening in financial markets and it could mean more gains lie ahead for stocks, if history is any indication.Marketsread more
Ten 2020 Democratic presidential candidates will take the debate stage Wednesday at the Adrienne Arsht Center for the Performing Arts in Miami.2020 Electionsread more
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.Economyread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
Online home goods retailer Wayfair sold roughly 1,600 mattresses and 100 bunk beds to Baptist Child and Family Services, a nonprofit that works as a federal contractor...Retailread more
Bitcoin jumped to its highest price since January 2018 on Wednesday.Bitcoinread more
The Senate will try to reconcile its emergency border aid plan with one passed by Nancy Pelosi and House Democrats.Politicsread more
During the foreclosure crisis, investors transformed the single-family home rental market into a formally managed asset class. Now they want new homes.Real Estateread more
Lenders including J.P. Morgan Chase and Bank of America are widely expected to increase dividends this week.Financeread more
U.S. venture capital firms saw a steep decline in funds raised in the third quarter, according to a report released Wednesday.
VCs saw a 34 percent decrease in funds raised from the second to the third quarter of 2015, and a 59 percent decrease by dollar commitments, said a fundraising report by Thomson Reuters and the National Venture Capital Association (NVCA), which sampled 53 U.S.-based venture capital funds. The $4.4 billion total raised in the third quarter was a 33 percent year-on-year drop, and marked the slowest three-month period for venture capital fundraising since the third quarter of 2013, the report said.
A main artery for the flow of capital to mid- to late-stage start-ups, venture capital funds raised $10 billion in the second quarter of 2015 and $30 billion total in 2014, the report said. The mythological "unicorn start-up" was buoyed along with the rising tide of venture capital: There are now 140 start-ups with private valuations of more than $1 billion, according to researchers at CB Insights, most of which were added in 2014 and 2015.
The third-quarter slowdown comes against a backdrop of global volatility in several countries and sectors. The major stock market averages closed about 7 percent lower for the third quarter, their worst since 2011.
A gauge of venture capital confidence hit a two-year low in August, as industry insiders like Benchmark's Bill Gurley, Founders Fund's Geoff Lewis and Chamath Palihapitiya of The Social+Capital Partnership predicted more sparse venture capital in years to come.
In spite of limping off a 15-year high in venture capital spending, the $4.4 billion raised in the third quarter still has the potential to revolutionize entrenched industries, said Bobby Franklin, president and CEO of NVCA.
"Despite being down from the recent high-water mark recorded during the second quarter, total fundraising for the year remains quite strong and has already surpassed annual fundraising marks observed in recent years," Franklin said in a statement.
— CNBC's Evelyn Cheng contributed to this report.