Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in the second quarter rose 1% year-on-year, more than most analysts expected.
Oil fell more than 1.5% a barrel on Thursday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in the Gulf of Mexico following last week's hurricane in the region.
The Housing Financial Literacy Act would provide a discount on upfront mortgage insurance if the borrower goes through financial literacy counseling.
Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock losses in U.S. subscribers in the second quarter that sank its stock price.
Wall Street's main indexes were set for their third day of losses on Thursday, as Netflix reported a surprise fall in U.S. subscribers in a downbeat start to results from high-growth companies.
Oil fell nearly 3% a barrel on Thursday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in the Gulf of Mexico following last week's hurricane in the region.
Shares of beauty and wellness products company Nu Skin tanked on Wednesday after the company said China's crackdown on health products is weighing on sales.
Buying stocks when they are this expensive has historically led to lower returns, data compiled by Ned Davis Research shows.
U.S. online retailer Amazon said on Wednesday that it would cooperate fully with EU antitrust regulators investigating its use of merchants' data.
EU antitrust regulators will investigate Amazon, the world's largest online retailer, to see if its use of other merchants' data breaches EU antitrust rules, the European Commission said on Wednesday.
If the S&P 500 climbs another 4%, it will have doubled the peak reached in the previous bull market, Michael Santoli notes.
Bank of America Corp beat estimates for quarterly profit on Wednesday, as the United States' second-largest lender's loan book benefited from a healthy domestic economy.
Worries about the balance of monetary policy and growth kept U.S. stock futures flat on Wednesday, subduing the impact of solid results from Bank of America and a boost for chipmakers from Dutch company ASML.
Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted.
Resurgent trade tensions, concern over the outlook for corporate America and the growing risk of a chaotic Brexit in the United Kingdom curtailed appetite for equities on Wednesday and stoked demand for "safe" government bonds.