When Mr. Market drags investors through one of his manic-depressive periods, it makes sense to ask what Warren Buffett would do. A cynic might respond that Warren Buffett can do whatever he wants: He’s worth more than $60 billion. Investors who want to
After JPMorgan announced Tuesday that it would increase reserves to offset losses on loans in the energy sector, Wall Street is waiting for more shoes to drop.
ikram Kumar, one of the world’s best-performing hedge-fund managers in 2015, said shorting oil is a “dangerous trade” after the recent decline in commodities prices.
WASHINGTON (MarketWatch) — Consumers confidence fell in February to the lowest level in seven months, as American became a bit more pessimistic about job prospects and business conditions. Big losses in the stock market in early 2016 also added to the anx
Crude futures settled with a sharp loss on Tuesday after Saudi Arabia’s oil minister, Ali al-Naimi, shattered any hopes that producers would cut back on output to help alleviate the world’s excess supplies.
The International Energy Agency (IEA) is warning consumers not to let cheap oil lull them into a false sense of security amid forecasts of a price spike by 2021.
The final dispatches of an already-dead earnings season and another batch of Fed blather may sway investors’ mood in the week ahead. But perhaps even more relevant to the stock market’s odds of building on last week’s big push — the best of the year so fa
The Organisation for Economic Co-operation and Development (OECD) is calling for urgent action by world leaders to tackle slowing growth. The call came as the think tank cut its global economic forecasts for 2016. Last year, it forecast 2016 growth of 3.3
NEW HAVEN, Conn. (Project Syndicate)-In what could well be a final act of desperation, central banks are abdicating effective control of the economies they have been entrusted to manage.
Members of the US Federal Reserve considered changing course on their plan to raise rates throughout 2016, minutes from Feds last meeting show.
Iran has given a significant boost to oil prices by unexpectedly praising a plan put forward by Saudi Arabia and Russia to freeze production.
China is stepping up support for the economy by ramping up spending and considering new measures to boost bank lending.
Oil traders arent too impressed with Saudi Arabia and Russias accord to cap oil production at near-record levels.
Mario Draghi, president of the European Central Bank, has helped calm jittery financial markets by saying he would not hesitate to take fresh action to boost eurozone growth and inflation.
How low can you go? Global stocks slumped into bear territory last week, but Wall Street analysts now suggest markets are near a short-term bottom and predict a bounce in the coming month.
