Outside the Box: After underperforming the stock market for years, alternative energy is red hot
Is clean tech finally a viable investment?
Deutsche Bank posts a surprise profit on strong investment bank performance
DB's investment bank saw quarterly revenues climb, defying market expectations for a slowdown in the division.
The Tell: Fed seen as hiking interest rates seven times in 2022, or once at every meeting, BofA says
Brendan Smialowski/Press PoolInvestors could be in for seven 25-basis-point interest rate hikes this year, or one at each remaining Federal Reserve meeting, considering the central...
Mortgage refinance demand plunges 13% as interest rates climb toward two-year high
As mortgage rates continue to rise, demand for refinances is plunging and homebuyers are struggling.
Coronavirus Update: World hits milestone of 10 billion COVID vaccine doses administered, but less than 10% of people in low-income countries have had a first jab
The world reached a COVID-19 vaccination milestone Friday of 10 billion doses administered globally, according to Our World in Data, but wealthier countries account for...
Southwest Airlines says omicron will drive a first-quarter loss but expects 2022 profits
Southwest Airlines said it will post losses in January and February but return to profitability by March.
GDP grew at a 6.9% pace to close out 2021, stronger than expected despite omicron spread
Gross domestic product accelerated at a 6.9% annualized pace in the fourth quarter, well ahead of the 5.5% estimate.
McDonald’s earnings miss estimates as rising costs weigh on profits
It marks the fourth earnings miss for the company in eight quarters.
Key Fed inflation gauge rises 4.9% from a year ago, fastest gain since 1983
A gauge the Federal Reserve prefers to measure inflation rose 4.9% from a year ago, the biggest gain going back to September 1983.