Market Extra: U.S. recession indicator is `not flashing code red’ yet, says pioneering yield-curve researcher
Amid the debate over whether the U.S. is about to head into an economic downturn, the Duke University finance professor who pioneered the use of...
Dow finishes higher Friday, but stocks end choppy week lower
The Dow closed modestly higher Friday, but all three major stock indexes finished the week lower after the Federal Reserve's March meeting minutes outlined its...
Lowe’s CFO to step down, home-improvement retailer names Brandon Sink its new CFO
Lowe's Cos. Inc. said late Friday it has appointed Brandon Sink as its chief financial officer, effective April 30. Sink, currently senior vice president of...
Balance sheet to shrink by $95 billion per month as many on Fed see 50 basis point hikes coming, minutes show
Minutes of the Fed's March meeting said officials generally settled on shrinking the balance sheet by $95 billion per month after a 3-month phase-in. Officials...
Stocks trade at or near session lows as investors weigh Fed balance-sheet plans
Stocks fell back to or near session lows after briefly trimming losses following the release of minutes from the Federal Reserve's March policy meeting Wednesday...
U.S. oil futures settle below $100, at lowest in three weeks
Oil futures declined Wednesday, with U.S. prices ending the session below $100 a barrel --- at their lowest since mid-March. The International Energy Agency's Executive...
Fed raises possibility of future mortgage-backed securities sales in FOMC minutes
The Federal Reserve eventually could resort to selling off mortgage-backed securities on its balance sheet, according to the minutes of the central bank's last strategy...
: iFit withdraws IPO following postponement in October
NordicTrack brand owner iFit Health & Fitness Inc. is scrapping its plans for an already postponed initial public offering, according to a filing with the...
Nasdaq sinks more than 2% as stocks end lower after Fed minutes
Stocks ended lower but off their worst levels, with the tech-heavy Nasdaq Composite bearing the brunt of selling pressure for a second session Wednesday after...