Stocks

U.S. investors cut their use of leverage in July, marking the first month since the onset of the pandemic that saw a reduction in the use of margin debt to buy securities like stocks, potentially a warning sign for markets buoyed by heavy use of borrowed money.

Pfizer CEO Albert Bourla told Fox News the company has a system in place to turn around a variant-specific jab within 95 days in the likelihood a vaccine-resistant COVID strain emerges, but experts warn that strategy will backfire.

Proposal draws intraparty opposition

WTI crude oil snaps 7-day losing streak rising to the $65 per barrel level

BlackRock, the world’s largest investment manager with more than $9 trillion in assets under management, recently made a very contrarian call.

Carnegie Mellon University, University of Pittsburgh study finds highest educated Americans are most vaccine-hesitant.

US securities regulators plan to require additional information from Chinese companies seeking to go public on American exchanges, saying the move will protect domestic investors.

Amazon Inc.'s revenue topped $100B for third straight quarter.

Global money managers funneled nearly $1 trillion into U.S. financial assets in the first half, signaling the American economy is primed to dominate post-COVID markets.

Oil tumbles as OPEC, allies reach deal to raise production