October's record of market crashes makes it most feared month on financial calendar: 'October effect'
The "October effect" has historically garnered fears that fall's first full month will be bad for markets, having historically seen some of the country's largest crashes.
Cruise stocks sink as Carnival misses Wall Street earnings expectations, warns of Q4 loss
During the third quarter, cruise line operator Carnival narrowed its net loss to $770 million from more than $2.8 billion. Revenue sailed to $4.305 billion.from $546 million.
Rite Aid exec: Impossible to stop NYC store thefts
Rite Aid's chief retail officer addressed the difficulty facing the chain's NYC stories concerning shoplifting.
Nike shares fall, ALS drug approved and more: Friday's 5 things to know
Traders will be watching how Nike shares move after following quarterly results. They'll also be eyeing the latest income and spending numbers from the Commerce Department on Friday.
House passes antitrust bill targeting Big Tech
The House passed a bipartisan antitrust measure giving states greater power concerning tech company issues.
US stock market is tanking, but some experts say it's time to buy the dip
Wells Fargo strategists said this week that the stock market has dropped enough to price in bad news, making it an opportune time for investors to buy.
Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum
Berkshire Hathaway, which received regulatory approval in August to buy up to 50% of Occidental's Petroleum's common stock, owns a total of about 194.4 million shares.
Growing homebuyer reluctance could bring down real estate prices: Robert Shiller
Yale University Sterling professor of economics Robert Shiller provides expert analysis of the volatile real estate market as mortgage rates skyrocket.
Bed Bath & Beyond touts turnaround as losses widen
Bed Bath & Beyond provides a key update on sales, liquidity and how it plans to accelerate its turnaround.
House unlikely to vote on congressional stock trade ban before midterms
House Majority Leader Steny Hoyer told Punchbowl News that a vote on a congressional stock ban bill is not likely to happen this week, the last chance before the midterms.
Amazon to raise average hourly pay in October
Amazon is preparing for a busy October and holiday shopping season, boosting hourly pay in order to attract more workers.
Hurricane Ian impact: Major cell phone carriers working to provide service to Florida customers
Communication is crucial during hurricanes and major disasters. AT&T, Verizon and T-Mobile are aiding people in Florida impacted by Hurricane Ian by helping them maintain service.
Biogen shares soar on Alzheimer's drug developments
A study found that Biogen's Alzheimer's drug lecanemab reduced cognitive and functional decline by 27% compared to a placebo over an 18-month period.
House Democrats introduce bill to ban lawmakers and their families from trading stock
House Democrats are trying to crack down on conflicts of interest. They introduced a bill to ban members of Congress, Supreme Court justices, the president and more from trading stocks.
Larry Summers slams UK tax cuts as 'utterly irresponsible,' warns of global crisis
The British government's sweeping package of tax cuts has damaged the nation's credibility as an economic superpower, Treasury Secretary Larry Summers said.
Biden not focusing on Wall Street means he's not focused on America's prosperity: Rep. Carlos Gimenez
Rep. Carlos Gimenez, R-Fla., called out Biden for not focusing on the stock market selloff, arguing the president is not tied to the reality of how people retire.
DOJ, SEC charge three men with securities fraud for scheme involving New Jersey deli
The trio includes father-son duo Peter Coker Sr. and Jr. and their long-time friend James Patten. Patten and Coker Sr. have been arrested Monday, while Coker Jr. remains at large.
Bond market crash foreshadows new lows for US stock market, BofA warns
The bond market is crashing as the Federal Reserve hikes interest rates to combat inflation, a warning sign for the U.S. stock market, according to Bank of America.
Elon Musk Twitter deposition, Bed Bath & Beyond earnings, Amazon hardware event top week ahead
FOX Business looks at the upcoming events likely to move financial markets, including Elon Musk to be deposed in his legal battle with Twitter, Amazon's annual hardware event and more.
Dow hits bear market as stock selloff goes from bad to worse
Investors continued to dump U.S. stocks as fears grow that a potential recession will be deeper than initial forecasts as the Federal Reserve attempts to tame inflation.



















