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High-yield, or “junk bonds,” outperformed in a turbulent April for financial assets

Here are more details of the four main takeaways from Powell’s press conference.

Fastly shares dived 30% in afterhours trading following guidance for the second-quarter and 2024.

In the 1960s, some policymakers reacted to protests by curtailing funding for colleges. Today, lawmakers are threatening to do the same.

A third of maturing commercial real-estate loans are ‘totally underwater,’ Lutnick says

Battery maker narrows quarterly loss and says it plans to cut more costs on its road to profitability.

Japan’s yen violently strengthened against the U.S. dollar late Wednesday, sparking suspicions of intervention by Japanese authorities.

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

Artificial intelligence is expensive for the companies buying AI chips, and it’s expensive for the companies making them, too.

Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the used-car retailer once on the brink of bankruptcy.

The Federal Reserve’s benchmark interest rate is staying put for now, but a handful of large banks are starting to trim the rates they offer on their high-yield savings accounts.

Exxon Mobil Corp.’s $60 billion takeover of Pioneer Natural Resources is set to be cleared by U.S. regulators, according to reports Wednesday, but there’s a twist involving the latter’s chief executive.