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
U.S. sovereign bond prices were higher Tuesday as the Federal Open Market Committee (FOMC) gathered ahead of Wednesday's interest rate decision.
The yield on the 10-year Treasury note, which moves inversely to its price,moved lower to 1.6071 percent, while the yield on the 30-year Treasury bond was down at 2.4172 percent. Two-year notes, meanwhile, also rose and were last yielding 0.7140 percent.
Meanwhile, the yield on the German 10-year bund fell below zero for the first time ever, as fears of a potential British exit from the European Union sent investors towards safe haven assets.
The Federal Reserve's FOMC is gathering for its first session of a two-day meeting ahead of its June rate decision. Rate rise expectations have dwindled significantly in recent weeks after non-farm payrolls data showed worse-than expected jobs growth in May.
Investors, meanwhile, digested May retail sales, which showed a 0.5 percent rise, above the expected increase of 0.3 percent.
Excluding automobiles, gasoline, building materials and food services, retail sales rose a solid 0.4 percent last month after an upwardly revised 1.0 percent increase in April.
Also, import prices posted their largest gain in more than four years amid rising oil prices.
Business inventories data for April showed a 0.1 percent increase, with consensus estimates at 0.3 percent.
— Reuters contributed to this report.