Sprint shares have suffered an ugly drop, and employees are feeling the pinch. A year ago, the Overland Park-based company handed out free Sprint shares to all its employees. The rank and file, some 27,000 strong, collectively picked …
It’s been an expensive two months for the 500 wealthiest people on the planet. Their combined net worth fell $181 billion this week as the S&P 500 Index and Dow Jones Industrial Average suffered their steepest weekly drop in more than two …
Donald Trump continued his saber rattling against Amazon on Monday, leading the company’s stock to again take a hit. Amazon shares fell as much as 4.5% in early trading Monday, a steeper drop than the markets, representing a decline …
Facebook's stock slid for the second day in a row. Shares of Facebook fell another 3% Tuesday on the heels of the company's worst day in four years. $49.4 billion has been wiped off Facebook's market value this week. Investors …
“One stock that we remain positive on, and that happens to be the largest absolute weight in our large-cap value strategy, is New York-based JPMorgan Chase & Co.,” says Roukis, whose firm manages the Renaissance U.S. Equity Value …
President Trump has boasted that the Republican tax cuts would add rocket fuel to the economy. But rockets can accidentally explode. Some analysts believe the extra stimulus of the tax cuts, which will boost wage growth and …
McDonald's Corporation (NYSE: MCD) stock is off to a tough start to 2018, down 8.2 percent so far this year. However, BMO Capital Markets analyst Andrew Strelzik says McDonald's lackluster sales and earnings numbers to open the …
The closing bell didn’t stop Monday’s U.S. stock rout. Dow Jones Industrial Average futures contracts continued to slide in afterhours trading Monday, extending a fall that sent the blue-chip index down 1,100 in regular trading to its biggest ever ...
American presidents cannot help but pay attention to the stock market. The reasons should be obvious: While many observers dismiss the market's performance as being largely divorced from the country's economic fundamentals, it's