Canadian Pacific agreed to acquire Kansas City Southern in a merger valued at about $25 billion that would create the first freight-rail network linking Mexico, the U.S. and Canada.
Markets are only just waking up to the implications of an important shift in Federal Reserve policy.
Jonathan Gray, Blackstone Group's day-to-day leader, is guiding a shift at an investment powerhouse that made its name buying into undervalued companies.
The Covid-19 pandemic brought unexpected relief for millions of borrowers. Here is how some of them were affected.
Falling short-term yields could prove more relevant than rising 10-year Treasury yields when it comes to thinking about banks and the Federal Reserve.
The tax-deadline extension shouldn't hurt full-year revenue, but expectations are still high for an expansion of opportunities.
With real-estate prices rising and concerns about Covid-19 lingering, more buyers are moving in with their parents and siblings.
The hope is that it will help diversify the profession
Two books by Mark Carney and Minouche Shafik consider its importance for economies and societies
PayPal, Stripe and others are only just getting started
U.S. government-bond yields rose sharply after the Fed said it wouldn't extend a temporary rule that encouraged banks to hold Treasurys, but then yields retreated as investors debated how significant the hit would be to debt markets.
New distribution deals should help establish streaming entrants like Paramount+ and Peacock.
Don't be surprised by an unexpected state tax bill on your unemployment benefits. Know where unemployment compensation is taxable and where it isn't.
The investment in Fireblocks comes as part of a larger funding round that the startup is set to announce Thursday.
One analyst says some key housing markets are "on a collision course with an affordability crisis." Here's what it could mean for home builder stocks.
The Justice Department's antitrust division is asking whether Visa, the largest U.S. card network, has limited merchants' ability to route debit-card transactions over card networks that are often less expensive.
â€˜Nonfungible tokens' could solve problems that have dogged the art world and other markets for centuries. Still, some buyers may be getting a bit too enthusiastic.
The U.S. bank's asset-management arm plans to take a 10% stake in the wealth subsidiary of China Merchants Bank, marking the first time a Chinese bank has opened up its wealth-management subsidiary to a foreign strategic investor.
In a recent survey from trivago, consumers say they will give up just about anything—even sex—to travel right now.
As interest rates have shot upward, the U.S. dollar's continued weakness is something of a puzzle. Fear of rising inflation is partly to blame.
Robinhood is working to expand the capabilities of its crypto trading platform and repair the reputational damage it suffered in the wake of the retail trading frenzy over GameStop, the online brokerage's CEO Vlad Tenev said in a video of what the company called a "fireside chat" posted on YouTube Thursday.
Uber Eats, Delivery Hero and DoorDash are all racing to deliver groceries, a notoriously low-margin and competitive business
Technology stocks were poised to lead gains.
The Dow industrials fell 0.7% Friday, while the benchmark yield on U.S. government bonds slipped. The three major U.S. stock indexes lost ground on the week.
What do investors know that economists don't?
Perhaps. But that might not be so bad