There are several reasons the stock market could see another steep selloff. Its recent speedy recovery is evidence that investors should stay the course.
Nike Chief Executive John Donahoe sent a memo to employees regarding the recent events that have unfolded in the wake of George Floyd's death, saying the retailer must get its own "house in order."
Coronavirus cases in the United States have been slowly ticking up since the Memorial Day holiday, according to a CNBC analysis of data compiled by Johns Hopkins University.
There are doubts that the EU's plan to raise 750 billion euros will quash anti-EU feelings completely, and put an end to political risks in the region.
Widely used drugs to control high blood pressure may help protect against severe Covid-19, a new study found, allaying concerns that they could make the illness caused by the coronavirus worse.
Furloughed health care workers are more likely to get their jobs back, but the May jobs numbers is expected to show an uneven pace of recovery in health care.
The lawsuit is the latest challenge for Victoria's Secret, which has fallen out of favor with customers and has had to shutter stores during the pandemic.
"We stand with our black merchants, our black employees and the black community worldwide," Shopify COO Harley Finkelstein said amid civil unrest in America.
Nissan's CEO Makoto Uchida spoke to CNBC on Wednesday on a wide range of topics, from Brexit to rebuilding investor trust in the company after the controversial departure of Nissan's former CEO Carlos Ghosn.
"I think we're looking at a V-shaped recovery in the stock market, and that has almost nothing to do with a V-shaped recovery in the economy," the "Mad Money" host said.
Gap Inc.'s first-quarter sales fell 43%, the clothing maker reported Thursday, as its stores were shut for much of the period due to the coronavirus pandemic.
"Let's take this moment to be an inflection point ... that we are going to not just proceed incrementally, but in a very strong way to do things differently," the House Speaker said.
Industry members worry that if films begin to shift towards on-demand and streaming that all of the metrics that were used to gauge success could disappear.