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 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
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
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. There is currently...Agricultureread more
A federal judge is ordering the release of Trump University internal documents in a class-action lawsuit against the now-defunct real estate school owned by presumptive Republican presidential nominee Donald Trump.
The order by U.S. District Judge Gonzalo Curiel in San Diego, which came Friday in response to a request by The Washington Post, calls for the documents to be released by Thursday. The Post reported the order in a story on its website Saturday.
Trump University has been cited in anti-Trump political ads during the primary campaign as evidence that Trump doesn't fulfill his promises. Trump's lawyers deny any wrongdoing in the case before Curiel as well as another class-action suit in San Diego and a $40 million lawsuit filed in 2013 by the state of New York alleging that more than 5,000 people had been defrauded.
The New York real estate mogul, for his part, has claimed that Curiel is a "hater of Donald Trump" and should be ashamed of how he has handled the case. Trump also has questioned whether Curiel, who is Hispanic, is biased against him because of his call for deporting immigrants in the U.S. illegally.
The lawsuit overseen by Curiel states that Trump University's nationwide seminars and classes were like infomercials and pressured students to buy more but didn't deliver as promised in spite of students paying as much as $35,000 for seminars. Curiel already has set a Nov. 28 trial date.
The Post reported that Curiel's order to release an estimated 1,000 pages of documents cites heightened public interest in Trump and that he had "placed the integrity of these court proceedings at issue." The judge appeared to reject the argument by Trump attorneys that the information had commercial value, saying that there was no support for the assertion that Trump University may resume operations.