Breaking News: Markets

Why aren't earnings estimates dropping? Mohamed el-Erian noted last week that the market was entering a new phase. "Initially this was a sell-off based on interest rate fears and based on financial conditions tightening. Today, it has…

(Click here to subscribe to the Delivering Alpha newsletter.)For the last two decades, Bruce Flatt has been the CEO of Brookfield Asset Management, growing it to become the second-largest alternatives firm in the world. He oversees more…

U.S. stock futures rose slightly Thursday night, as traders watched to see if the S&P 500 will tumble into bear market territory.S&P 500 futures traded 0.1% higher, while Nasdaq 100 futures gained 0.3%. Futures tied to the Dow…

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 13, 2022. Brendan Mcdermid | ReutersU.S. stock index futures were flat during overnight trading on Monday, following a volatile session that saw…

Traders on the floor of the NYSE, May 6, 2022.Source: NYSEStock futures were higher Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retailers.Futures tied to the Dow Jones…

Associate Supreme Court Justice Clarence Thomas speaks at the Heritage Foundation on October 21, 2021 in Washington, DC.Drew Angerer | Getty ImagesJustice Clarence Thomas says the Supreme Court has been changed by the shocking leak of a…

Traders work on the floor of the New York Stock Exchange. NYSECheck out the companies making headlines in midday trading.Twitter — Shares of the social media platform slid 9.7% after Elon Musk said his take-private deal is on hold until…

Sam Bankman-Fried, CEO of FTX US Derivatives, testifies during the House Agriculture Committee hearing titled Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models, in Longworth Building on Thursday, May 12,…

Check out the companies making headlines in midday trading Thursday.Carvana — Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana shares available for trading are sold…

iCreditWorks CEO Scott Young, former chief commercial officer of Goldman Sachs Marcus.Courtesy: Goldman SachsA Goldman Sachs executive known for securing some of the industry's biggest credit-card deals in recent years has left to join…