MARKETS / FINANCE

Wall Street managed to stage a comeback this week after the Dow experienced multiple bouts of volatility after China devalued the yuan.

Investors are searching for further clues as to when the Federal Reserve plans on raising interest rates this year.

The European Central Bank called the performance disappointing and expressed concerns of a further hit if the Federal Reserve raised interest rates.

The PBOC set its midpoint yuan rate at 6.3975 per dollar prior to the market's open, firmer than the previous day's close of 6.3990.

Though foreign firms like Maersk and Alibaba have piled on multibillion-dollar stock buybacks, U.S. companies lead by a mile.

Two years after it filed for bankruptcy, Fisker Automotive has signed an 11-year factory lease in Moreno Valley, California.

U.S. crude hit a nearly five-month low Thursday, sending Chevron down more than 1 percent in the blue-chip index.

Financial analysts differ on whether a lower-valued yuan will cool imports at a time when the government is seeking to promote them.

The Robinhood mobile app is aimed at young investors looking for low-cost trading plans.

The dip in revenue growth was attributed to a recall of Maggi instant noodles in India and a strong Swiss franc.

The People's Bank of China also dismissed speculation of a drop of 10 percent in the yuan as “groundless.”

China's decision to devalue the currency on Tuesday sparked fears of a "currency war" and roiled global financial markets.

A recovery in energy and technology stocks helped stage a comeback on Wall Street after the blue-chip index plunged more than 270 points in morning trading.

"We hope this will make our products easier to sell,” a Wenzhou businessman says. But analysts say the benefits may be limited.

"Inadequate training and racial bias" among officers placed in schools can lead to deadly consequences, justice advocates said.

While American lawmakers cry foul over supposed currency manipulation, China is actually moving to align more with global free-market standards.

China, the world's second-largest economy, surprised investors and depreciated the yuan further Wednesday to revive its slowing economy.

The Chinese e-commerce giant posted quarterly sales that missed Wall Street forecasts as sales growth declined to its slowest pace in more than three years.

Kylie Jenner and Tyga, who have not publicly spoken out about their relationship, are planning to tell the world about their love with their first public kiss.

The yuan fell again Wednesday to a four-year low, triggering concerns of a currency war as other export-oriented economies rush to react to China's move.

China's central bank sought to reassure financial markets on Wednesday that it was not embarking on a steady depreciation.

An alliance of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years after stealing confidential corporate press releases, U.S. authorities said on Tuesday.

A stronger dollar has many advantages, but it may not be such a good thing for the still-recovering U.S. economy. 

The devaluation will make imports to China more expensive, which could create a greater drag on U.S. growth in the second half of the year.

European finance ministers have agreed in theory to a $94 billion bailout package, but Greece is far from being in the clear.

U.S. authorities have accused the group of allegedly scheming to make tens of millions of dollars by trading on unannounced deals.

The U.S. dollar lurched higher on Tuesday as China allowed its yuan to fall to levels last seen in 2012, a shift that could provide a competitive boost to exports for the world's second-largest economy.

Wall Street rallied Monday on merger and acquisition activity, while a rebound in oil prices boosted the energy sector 3 percent.

The $37.2 billion deal has some analysts pondering the Oracle of Omaha's willingness to make such a big bet.