Service sector growth slows in September as orders plunge

Growth in the U.S. services sector slowed in September as sales fell and new orders plunged, evidence that stock market volatility may have hit consumer confidence and limited spending. The

Read More

Out-of-network ATM fees, overdraft charges hit record, new survey says

It’s costing consumers more and more to get ahold of their own money. The average fee consumers pay to withdraw cash from an ATM outside their bank’s network is a

Read More

The 1 exception to the social media bust

One of Twitter (TWTR) investors’ biggest concerns — the lack of a CEO — was solved Monday with co-founder Jack Dorsey officially taking that top slot.  The stock rose on

Read More

Bristol-Myers Squibb fined $14M on charges of bribing Chinese hospitals

Pharmaceutical manufacturer Bristol-Myers Squibb has agreed to pay more than $14 million in fines to settle charges that its joint venture in China paid cash and other benefits to state-owned

Read More

Supreme Court lets insider trading reversal stand

In a decision that is expected to undo some of the government’s massive insider-trading crackdown, the United States Supreme Court Monday denied review of U.S. vs. Newman, a major insider

Read More

Alphabet is the new Google

Looking for shares of Google (GOOGL) Monday? They’re gone — at least they have a new name. Shares of online advertising company Google are now trading by the name Alphabet

Read More

Jobs report and Fed rate-hike dance begins anew

The last jobs report, released on the eve of Labor Day weekend, was billed by many as the most important reading on the health of the U.S. employment market since

Read More

Sprint to cut up to $2.5 billion in costs, layoff workers in next six months

Sprint recently tumbled behind T-Mobile into fourth place among U.S. wireless carriers. And now Sprint CEO Marcelo Claure has the company on the verge of drastic cost cuts. Sprint said

Read More

4.6 mln Scottrade clients possibly exposed in hack

Client names and addresses for as many as 4.6 million clients of discount brokerage firm Scottrade may have been compromised by hackers, the company said Friday. Word of the breach

Read More

Employers added just 142,000 jobs in September

News that employment growth slowed for the second straight month in September renewed concerns about the economy and weakened the case for the Federal Reserve to raise interest rates later

Read More

Fintech strikes again; Regions partners with start-up

In a deal that highlights the rising influence of Silicon Valley on finance, Regions Financial, which operate bank branches across 16 states, plans to partner with lending start-up Fundation to

Read More

Merger boom shows no sign of slowing, on track for record year

Stocks may be down but the party in corporate mergers isn’t ready to end — and still may hit record levels this year. Activity during the first nine months suggests

Read More

Two faces of October: Crash-prone but ‘bear killer’

October gets a bad rap on Wall Street. Blame it on stock market crashes in 1929, 1987 and 2008 that all happened to strike in October. But despite being known

Read More

Stocks stage massive swing

Stocks on Wall Street have staged a powerful comeback after plunging at the open Friday as investors reacted to a weaker-than-expected September jobs report. The news, which raised fresh fears

Read More

Elon Musk puts ‘bio weapon defense system’ into Tesla SUVs

In contrast to all other automakers, Tesla CEO Elon Musk somehow manages to find ways to incorporate humor into his otherwise serious luxury electric cars. The new Model X luxury

Read More

Texas county sues VW for $100M over pollution

The county that contains Houston has filed suit against Volkswagen, alleging that the automaker has thrust unwarranted pollution on the USA’s fourth largest city. Harris County is seeking up to

Read More

Stocks rally on last day of worst quarter in 4 years

Stocks were higher at midday Wednesday on the last day of a brutal third quarter as Wall Street gets set to post its worst quarterly performance in four years. The

Read More

Businesses added 200,000 jobs in September

The private sector added 200,000 jobs in September, payroll processor ADP said Wednesday, in a possible sign that the government will report that employment growth rebounded after slowing the previous

Read More

Ralph Lauren shares soar as founder steps aside

Shares of Ralph Lauren (RL) soared in Wednesday morning trading, the day after the fashion industry icon announced he was giving up the CEO title at the company that bears

Read More

Chinese firm buys 15% of Western Digital

Wall Street and investors have plenty to digest after a dizzying Tuesday in technology that included developments in high-tech vehicles from Google and Tesla. There’s no lull in sight as

Read More