Business

Gold options activity explodes   11:17 AM ET Mon, 24 Dec 2018 | 07:01 Gold scaled a six-month peak on Monday as sliding stock markets and concerns about a global economic slowdown sapped risk sentiment, driving investors to seek safety in the precious metal. Spot gold gained 1 percent to $1,268.38 per ounce at 1:40 p.m. [...]

Between Fed, China and Apple, get ready for more volatility   7:09 PM ET Fri, 7 Dec 2018 | 00:59 Investors should prepare themselves for more stock market swings as a host of “difficult crosscurrents” weigh on equities, CNBC’s Jim Cramer said Friday as stocks traded lower. “Now that the S&P 500 has gone negative for [...]

Walmart CEO Doug McMillon on the future of the retail industry   12 Hours Ago | 08:36 Walmart is doing its best to keep prices unaffected by the U.S.-China trade war, but if things escalate it could be a different story, CEO Doug McMillon said Thursday. “We worry about next spring, next summer, next fall what [...]

Ford Motor, Walmart, and delivery service Postmates will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said on Wednesday. The project is the latest to grow out of Ford’s broader effort to develop businesses that could use automated delivery vehicles. Ford [...]

Listed companies accounted for a little less than a third of the corporate tax in FY18, down from nearly 40 percent in FY17 and 49 percent a decade ago, Business Standard reported. India’s top companies listed in BSE500, BSE Mid-cap or BSE Small-cap index paid Rs 1.88 lakh crore in direct taxes in FY18, against total [...]

Mikhail Svetlov | Getty Images Russian President Vladimir Putin (L) looks at U.S. President Donald Trump during the welcoming ceremony prior to the G20 Summit’s Plenary Meeting on November 30, 2018 in Buenos Aires, Argentina. Senior Russian officials publicly chided U.S. President Donald Trump following his announcement on Thursday that he would no longer meet [...]

Shares were off to a flying start on Monday, thanks to a sharp rally among consumption names in the last couple of hours. These, combined with a positive move on the rupee helped the indices end on a strong note. The Nifty closed above 10,600-mark. Recovery in prices of crude oil too failed to have [...]

  On the biggest shopping day of the year, U.K.-based trade union GMB is organizing a protest against Amazon for what it calls “inhuman” conditions for warehouse workers. Amazon has been under a microscope recently as it gets ready to bring 25,000 jobs to each of two new “headquarters” locations in New York and Arlington, [...]

President Donald Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year, according to three people familiar with the matter who are close to the president. Trump favors Linda McMahon to replace Ross in the role, said these people, who spoke on the condition of anonymity. He [...]

Virgin Group founder Richard Branson suspended discussions with Saudia Arabia about a proposed $1 billion investment in Virgin’s space companies following allegations that journalist Jamal Khashoggi was murdered in the country’s consulate in Istanbul. “What has reportedly happened in Turkey around the disappearance of journalist Jamal Khashoggi, if proved true, would clearly change the ability [...]

Technology is the second-worst-performing sector in the S&P 500 in the last week, with names such as Applied Materials, Nvidia, Adobeand PayPal among the group’s biggest losers in that time. Here’s what three market watchers said about tech stocks’ next move: Timothy Lesko, principal and partner at Granite Investment Advisors, said the recent downside isn’t all due to rising interest [...]

Using wind power to generate the electricity the US needs could cause a surprising amount of local warming, according to a new study. But wind power would still help the world stop pumping carbon dioxide into the atmosphere, which would fight climate change and global warming. There’s concern that fossil fuel interests might misuse this idea to argue [...]