US stocks are in for another drop that will eventually lead to a bear market in the coming months, according to veteran technical strategist Tom DeMark, who accurately called this year’s top in February and subsequent April low. DeMark — a closely-followed analyst...

Kohl’s canned its newly hired chief executive after an investigation showed he had cut a “highly unusal” business deal with a woman who had been his romantic partner, according to a report. Ashley Buchanan — hired to lead the department store chain just four months...

Treasury Secretary Scott Bessent said that the US Treasury market is telegraphing that the Federal Reserve ought to lower interest rates. “We are seeing that two-year rates are now below fed funds rates. So that’s a market signal that they think the Fed should be...

McDonald’s Corp. US sales fell sharply in the first quarter, reflecting a deterioration in consumer sentiment that’s making it harder for restaurants to lure in diners. Same-store sales slumped 3.6% in the US, according to a statement Thursday, mainly because of a...

Apollo Global Management Inc. raised about $5.4 billion for a vehicle that enables investors to cash out of private funds early, spurred by a sluggish dealmaking climate. The fundraising for Apollo’s S3 Equity and Hybrid Solutions fund surpassed its target, according...

Janet Yellen warned that the risk of a US recession has “gone way up” after Donald Trump’s sweeping tariffs rattled financial markets, consumers and businesses. The former Federal Reserve chair said in an interview with the Financial Times that the tariffs on major...