A new report on leveraged loan default rates from Fitch Ratings showed that, since the beginning of March, more than three-quarters of leveraged loan default volume has come from metals/mining and energy companies.
Thinkstock Urban commuters collectively lost 6.9 billion hours, and 3.1 billion gallons of fuel to traffic delays last year. Excess fuel and lost productivity cost American commuters $160 billion in 2014, up from $114 billion…
ThinkstockThe markets are getting a new look at “just one more” view from the Federal Reserve on the timing of the interest rate hike cycle. Stanley Fischer, Vice Chairman of the Federal Reserve, gave…
The spot price for October delivery of West Texas Intermediate (WTI) crude oil settled up more than 10% on Thursday and traded up further in the late morning on Friday.
Northrop won the contract for the previous version of the Air Force bomber, the B-2, and has got to be considered to have the inside track for the new contract.
These top transports have been getting hit all year long. From a bounce-back perspective, they may offer investors a better opportunity than some of the other sectors that got hit recently.
The American Postal Workers Union has also opposed the proposed merger between Staples and Office Depot and has begun gathering electronic signatures on a petition to stop it.
One thing a brutal sell-off will do is bring stocks back to places where they look incredibly attractive. Semiconductors seem to have bottomed, and business should start to pick up.