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U.S. Stocks Waver After Jobless Claims Fall

U.S. stocks wavered Thursday after data showed fewer Americans applied for jobless benefits, potentially signaling that the pace of recovery in the labor market is…

Turkish Lira's Fall Drives Concerns for Euro

The lira’s sharp drop in recent days is fueling concerns of a fallout that could spread beyond Turkey’s borders. Next up: the euro. The lira…

5 Myths About Stock Diversification

Diversification is often described as the only free lunch in investing—reducing a portfolio’s risk without reducing expected return. This idea of spreading money across different…

Apple and Amazon's Race to $100 Billion

The pandemic may have forced Apple Inc. to delay its big iPhone launch by a few weeks, but there is a silver lining in this…

Grocers Deserve a Fresh Set of Eyes

Impressive results did little to enthuse investors in Kroger Co., America’s largest supermarket chain. The second largest got a similar shrug on Monday after posting…

Wells Fargo Still Has a Way to Go

Wells Fargo did some needed work in the second quarter. The bank’s turnaround still has a way to go. Coming into earnings season, Wells had…

U.S. Stocks Open Lower as Jobless Claims Edge Up

Stock futures wavered Thursday after new unemployment claims posted their first week-on-week rise since March. Futures tied to the S&P 500 were flat, indicating that…

UBS to Pay $10 Million to Resolve SEC Charges

UBS Financial Services will pay more than $10 million to resolve charges that the firm broke rules aimed at giving mom-and-pop investors priority access in…

Warren Buffett's Bet Is a Midstream Buying Signal

After months of quiet browsing, Warren Buffett has finally found something worth buying. Berkshire Hathaway on Sunday announced an agreement to buy Dominion Energy’s midstream…

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