US Markets

Putin takes aim at US shale oil industry

Oil prices crashed Sunday evening after Saudi Arabia launched a price war against Russia following the Kremlin’s decision not to agree to production cuts.

Coronavirus fears batter bank stocks by creating cheap credit

The KBW Bank Index, which includes JPMorgan Chase, Bank of America, Wells Fargo and 21 other banking stocks such as regional giant Truist, has plunged by more than 22 percent over the past two weeks -- twice the decline of the S&P 500.

Modell’s prepares bankruptcy filing

Modell’s, the embattled sporting goods retailer, is preparing to file for bankruptcy, FOX Business has confirmed with CEO Mitch Modell.

Coronavirus: G7 vows to protect global markets

Concern about the epidemic and its impact on corporate profits has hammered global markets, with major U.S. indexes suffering their steepest losses since the financial crisis last week.