Stocks slipped on Tuesday as investors digested a sharp rebound from a strong sell-off last week.US Marketsread more
For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.Marketsread more
The FDIC on Tuesday voted to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.Financeread more
The launch follows a "preview" earlier this month that allowed only limited customers to apply.Technologyread more
A U.S.-China trade deal would be less likely if President Xi cracks down violently on the large-scale protests in Hong Kong, Secretary of State Mike Pompeo tells CNBC.Politicsread more
At least three children held in detention centers at the Mexican border have died, in part, from the flu, a group of doctors say.Health and Scienceread more
The report was conducted by Senator Jon Kyl, R-AZ, and a team of lawyers who interviewed conservatives who use ans study Facebook.Technologyread more
Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."Retailread more
Energy stocks may be fueling up for a comeback rally. One technical analyst says that after the sector's pummeling, these two stocks look particularly good.Trading Nationread more
U.S. interest rates will keep falling and follow global interest rates all the way down to zero, hedge fund manager Kyle Bass said.Marketsread more
Financial advisers are always "buying at the wrong time and selling at the wrong time because they're emotional," the billionaire founder of Baron Capital says.Marketsread more
The National Hurricane Center lowered Hurricane Florence to Category 2 on Thursday, but the catastrophic combination of heavy rain and a severe storm surge are making the storm more dangerous than ever.
With Florence nearing landfall, AccuWeather founder and president and chairman Joel Myers estimated the costs from the storm will be at least $30 billion, and as much as $60 billion, placing it easily within the top 10 costliest in U.S. history.
Early estimates from J.P. Morgan project Florence's estimated industry-insured losses at $8 billion to $20 billion, which still would rank it high historically.
"This would make Hurricane Florence one of the top 10 most costly hurricanes to hit the U.S. We think this would likely result in losses that are slightly less than one-quarter's worth of earnings for the commercial (re)insurers we cover," J.P. Morgan analyst Sarah DeWitt said in a note Monday.