Fed rate hikes are now ‘hurting asset prices,’ says billionaire investor Ray Dalio

Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, made those remarks in an interview with CNBC Thursday […]

These S&P 500 companies increased quarterly sales the most while expanding margins

Some investors with long-term commitments aren’t interested in a company’s performance for only one quarter. Others react, or overreact, to […]

Dollar at fresh 16-month high; sterling and euro knocked by Brexit uncertainty

The dollar rose to a fresh 16-month high versus its key rivals on Monday as traders punished the euro and […]

Italy stands by main pillars of budget as EU deadline nears

Italy stood by the main pillars of its 2019 budget on Friday, as a deadline neared for it to change […]

Toshiba sheds more assets, cuts jobs to regain investor trust

Toshiba Corp (6502.T) announced on Thursday it is shedding assets, cutting jobs and buying back its stock starting this week, […]

Firepower for U.S. stocks may lose spark as Democrats gain clout

The U.S. stock market may be facing the remainder of Donald Trump’s presidential term with the prospect of less juice […]

Microsoft on track to pass Amazon in market cap after earnings reports

In a Pacific Northwest battle to be the second most valuable company in the world — and potentially reach a […]

Amazon’s holiday season sales outlook misses views; shares sink

Amazon.com Inc forecast holiday season sales and profit that missed Wall Street targets on Thursday, projecting revenue growth that would […]

Exclusive: Guarding stability, China likely to slow yuan’s slide to 7 per dollar: sources

China is likely to use its vast currency reserves to stop any precipitous fall through the psychologically important level of […]