Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Wild market swings claimed plenty of victims last week, but Cornerstone Macro's Carter Worth says Home Depot is poised for a big breakout.Options Actionread more
The conglomerate's head of investor relations released a more detailed statement about accounting practices under fire from Harry Markopolos.Marketsread more
Goldman notes that high-dividend payers are trading at their largest valuation discount in nearly 40 years.Marketsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
Amid the headlines of stores closures and retail bankruptcies, it can be tough to accept that the U.S. consumer is doing just fine.Retailread more
Hurricane Florence made landfall on the coast of the Carolinas.
The deadly, Atlantic storm clocked in as a category 2 by the time it hit land.
Analysts say damage from Hurricane Florence could exceed the losses from Hurricane Katrina in 2005 and Hurricane Harvey, last year.
Since 1990, there have been 5 other category 2 Atlantic storms that made landfall in the Carolinas.
Two weeks later, the S&P 500 Insurance Industry Group drops by an average 4.7 percent, trading negatively 80 percent of the time.
Further, the S&P 500 Property & Casualty Insurance Sub Industry Group also loses about 4.7 percent, also a negative trade 80 percent of the time.