Goldman Sachs , Citigroup Inc , Credit Suisse and other investment banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, sources said.
Oil slipped towards $56 a barrel on Tuesday, falling for a third day, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses.
Despite the lack of capital, black women are starting businesses at the fastest clip of any racial group, according to research by American Express. Since 2007, the number of firms owned by African-American women has grown by 164%.
A U.S. labor board on Tuesday finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard criticized by business groups.
Wall Street's main semiconductor benchmark tumbled into correction territory on Tuesday in its deepest four-day rout since the financial crisis, as the coronavirus spread further around the world and deepened fears about the global economy.
Department store chain Macy's Inc on Tuesday reported a small drop in sales and profit that topped analysts' expectations with the help of an uptick in holiday sales.
Eight candidates have applied to head Norway's sovereign wealth fund, the country's central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition.
U.S. stock indexes ticked slightly higher on Tuesday as investors dipped their toes in the water a day after worries about the worldwide spread of the coronavirus sent the S&P 500 and the Dow Industrials to their biggest daily declines in two years.
U.S. consumer confidence edged up in February, suggesting a steady pace of consumer spending that could support the economy despite growing fears over the impact of the fast spreading coronavirus, which have roiled financial markets.
Walt Disney Co's theme parks, resorts and cruise line will serve Impossible Foods' plant-based meat burgers, the companies said on Tuesday, a new win for the vegan patty maker that is broadening its reach across fast-food chains.
Many retirees may be surprised to find that their Social Security benefits may be subject to federal income taxes. But there are ways to keep the rate at which you are taxed on that income down, if you're strategic about how you take your income.
"No reason to buy anything if it's up because that's just a sucker's game," CNBC's Jim Cramer said
American Airlines Group Inc said Tuesday it has signed a strategic partnership deal with Qatar Airways and is reviving its codeshare agreement.
While the SEC is working to put a new investor protection rule in place, some complain its standards are too light. Now states are working on their own stricter standards. Last week, Massachusetts finalized its own rule. Here's what it could mean for investors.
Home Depot Inc benefited from a solid U.S. housing market and higher job growth that led consumers to spend more at its stores in the holiday shopping quarter, helping the home improvement chain beat sales and profit estimates.