Market News

It's rare for taxpayers to deduct medical expenses, as the bills usually need to be quite high. Still, some who qualify may not be aware of it--or of the wide array of deductible expenses.

Investors have more information than ever and it not only isn't helping--it's hurting. Here's the fascinating reason why.

FedEx hiked its 2023 earnings forecast on Thursday, citing cost-cutting measures that offset continued demand weakness.

U.S. stock futures wavered as investors remained on edge after a group of big banks swooped in to rescue First Republic Bank.

After the bank's $30 billion deposit rescue, investors are still struggling to figure out how to value the lender.

Silicon Valley Bank had a rather spectacular collapse this week. Cutting right to my points -- the three major misconceptions on Silicon Valley Bank that appeared repeatedly on social media this past week--

The Dow Jones Industrial Average is now down nearly 5% over the last two weeks amid growing anxiety about the health of the U.S. banking sector.

The bank failures have dominated the headlines this week, but what's ahead? Commonwealth CIO Brad McMillan says it could be a turning point for the better.

"In light of the banking crisis, a recession is even more likely--and might be pulled forward," says one investment chief.

The president called for legislation to impose tougher penalties on bank executives deemed responsible for the collapse of financial institutions.

Prices of bellwether commodities like oil, gas, lumber and copper are down significantly from a year ago.

Baidu shares plummeted up to 10% during the launch, where users and investors alike weren't impressed with the pre-recorded answers

First Republic is on track for its largest weekly drop on record and lowest close since 2011. The bank's stock has lost more than two-thirds of its value over the past week.

In trading on Friday, shares of Alphabet crossed above their 200 day moving average of $102.45, changing hands as high as $103.49 per share.

The $30 billion in new wholesale deposits was not enough to keep First Republic's stock from plunging another 20%.

Throwing a lifeline to the financial system in times of crisis can have unintended consequences. Among them: Making the world feel safer can lull people into complacency and excessive risk-taking.

The $50 billion-plus lifeline that Credit Suisse tapped this week was meant to assuage worries about the Swiss lender. Wall Street is still wary.

An experimental financial center in India, long lagging, is suddenly getting a new infusion of life--and dollars.

An employment contingency can protect buyers in the event of job losses.

Pfizer stock (NYSE: PFE) has seen a fall of 21% this year, compared with 2% returns for the broader S&P500 index.

Less than two weeks ago, the parent company's $200 billion bank was operating as usual. Now it's trying to salvage remaining assets.

The People's Bank of China said it would cut the amount of cash banks must set aside as reserves, in a new push to stimulate growth and restore business confidence.