Commodity prices tumbled anew, plunging the S&P GSCI Total Return index to its worst monthly loss since November 2008 and deepening a yearslong rout that few observers expect to moderate.
The selloff has helped drive down holdings in its hedge-fund firm’s flagship fund from about $2 billion to less than $50 million.
Verizon Communications Inc. is in negotiations with unions covering more than 37,000 of its employees to reach a new contract ahead of a Saturday night deadline and avert a strike.
Yahoo Inc. agreed to buy social shopping site Polyvore Inc., a move intended to enhance the portal’s “Mavens” growth strategy.
Traders are scouring once-overlooked economic data for clues to the timing of the Federal Reserve’s first interest rate rise in years.
After nearly 25 years of turbulent action that has elated and infuriated investors, China’s stock markets remain much as they were when they opened in 1990. Beijing calls the shots.
Investors are bracing for Puerto Rico to default on about $58 million in bond payments in coming days, as the U.S. commonwealth attempts to restructure $72 billion in debt.
Financial planners are borrowing techniques from psychologists to help clients get in touch with the often messy feelings behind their relationships with money.
Japan’s economy may turn out to have shrunk last quarter, but a new inflation measure gives the Bank of Japan an excuse not to act.
UPS said it agreed to buy shipping-services provider Coyote Logistics for $1.8 billion as delivery giants seek new ways to grow in a rapidly changing global economic and technological environment.