Finance

Bernie Sanders took his latest fight against corporate America to Walmart’s home turf. Interested in Bernie Sanders? Add Bernie Sanders as an interest to stay up to date on the latest Bernie Sanders news, video, and analysis from ABC News. The Vermont senator and 2020 Democratic presidential contender lambasted Walmart leaders including its CEO on […]

Asian stocks were mixed on Thursday as traders kept a close watch on impending U.S. tariffs on Mexico while trade talks with Beijing remained at a standstill. Japan’s Nikkei 225 index added 0.3% to 20,832.46 while the Shanghai Composite index lost 0.5% to 2,848.34. The benchmark in Shenzhen, a smaller, more domestic-oriented market, tumbled 1.5%

Fiat Chrysler abruptly withdrew an offer to merge with French automaker Renault late Wednesday, a shocking reversal of a deal that could have reshaped the global auto industry. The Italian-American automaker blamed its move on France‘s government, saying that the country’s political climate would stop the tie-up from being successful. The government owns 15% of

A couple of months ago, the bulls ran the oil markets. Now the bears have taken over. Always volatile, oil prices have tumbled more than 20 percent since late April because of growing fears that demand is weaker than expected as the global economy slows. Investors are also worried that President Trump’s trade war with

The Latest on the potential merger of carmakers Renault and Fiat Chrysler (all times local): 1 a.m. Fiat Chrysler says it has withdrawn an offer to merge with French automaker Renault. The company says in a statement Wednesday evening that it will make more information available later. The move comes just after Renault said its

The line-item breakdown also helpfully demonstrates where someone making below a living wage might have to cut back to make ends meet. As Dr. Glasmeier put it: “Put yourself in the shoes of somebody that doesn’t make a living wage. What would you do? You wouldn’t pay certain bills every month. You’d pay them every

General Motors is adding 70,000 miles (113,000 kilometers) of roads across the U.S. and Canada to the area where its Cadillac Super Cruise semi-autonomous driving system can run, including some with cross traffic similar to those that have confused Tesla’s Autopilot system. Currently the GM system can travel on 130,000 miles (210,000 kilometers) of limited-access

Regulators have new rules for Wall Street brokers providing investment advice: Put the customer first. But consumer advocates argue that the rules amount to little more than a marketing slogan. The Securities and Exchange Commission on Wednesday voted to pass the so-called Regulation Best Interest. The commission said the changes would simplify consumers’ lives and

MOSCOW — Even as Russia has muscled back onto the world stage politically, its economy suffers from flat growth and shrinking incomes. President Vladimir V. Putin has a plan to change that — and it involves pianos. Kremlin officials say they will use an important investor conference opening Thursday in St. Petersburg to promote a

The latest on developments in financial markets (all times local): 12:00 p.m. Stocks are rising for a second straight day Wednesday, although a sharp drop in energy shares tempered the gains. . Energy shares fell as the price of oil plunged 4.4% following a report showing an unexpected surge in U.S. supplies. Exxon Mobil fell