Snap Inc. just had a profitable first day trading on the stock market, but one Southern California neighborhood is fighting the gentrification that comes with hosting a tech giant.
“America’s most prominent Marxist economist” discusses why economic turmoil is making headlines while the stock market booms.
Owning a piece of the fossil fuel industry was once like having money in the bank -- but not any longer, investors are being warned.
With investment in renewable electricity sources now outstripping polluting fossil fuels, a new study sees signs of change in global attitudes toward climate risks.
The Dow and S&P 500 were each down about 6 percent. The rich are still rich, however.
The Dow Jones industrial average registered its first annual decline since 2008 as trading ended for 2015. But the stocks of the two largest market-listed gun manufacturers -- Smith & Wesson and Sturm, Ruger & Co. -- doubled during the year.
Coal, oil and gas sectors warned that trillions of dollars of assets could be stranded if a global agreement on limiting climate change is reached at the U.N. summit in Paris.
Some are bound to chalk this news up to the magical equalizing powers of capitalism’s famous "invisible hand," while others might point to the democratizing sting of actual journalism as the more potent force in this mix.
If the global swoon in stock prices were to turn into something more serious, which candidates would benefit?
Although they ended with still more losses, U.S. stock markets recovered partly Monday after a plummet to dramatic lows fueled by fears of a collapse in the Chinese economy. The shock experienced in recent days was predictable, writes Guardian economics editor Larry Elliot.