Proposed Brazil-Argentina common currency is met with doubts

Market analysts are reacting with deep skepticism to a proposal floated by the leaders of Brazil and Argentina to launch a common currency.

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Microsoft stock turns negative after forecast misses, CFO warns about deceleration

Microsoft Corp.'s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company

Microsoft Profit Tops Estimates as Azure Cloud Unit Proves Resilient

Microsoft Corp.’s profit topped analysts’ estimates in the second quarter, helped by strength in its cloud-services business even in a period when a weakening global economy ate into demand for

Elon Musk tells court Saudi Arabia wanted to take Tesla private; $420 ‘not a joke’

Tesla Inc. Chief Executive Elon Musk returns to court Monday to defend old tweets in a securities fraud trial in San Francisco. He testified he understood he had support from Saudi Arabia's

Spotify Axes Jobs and Stock Runs Into Resistance. Here's the Trade.

Spotify is cutting about 6% of workforce. The stock is rallying on the news -- and running into resistance. Spotify - Get Free Report shares have been on a tear lately and on Mond

‘Taxpayers bring their racial identity onto their 1040’: White families are reaping over 90% of the benefit from this powerful tax rule

White families are pulling in more than 90% of the tax benefits that come from lower tax rates for capital gains, more than 90% of the tax benefits from itemized charitable deduct

World's top stock strategist says investors are falling into a trap—again

The final stages of the bear market are always the trickiest,” Morgan Stanley's CIO Mike Wilson wrote on Sunday. "We're not biting on this recent rally."

Even competition is bad for consumers when the prize is monopoly

When monopoly power is the prize, competition becomes dangerous for both companies and consumers. This was one of several conclusions in a preprint paper published in the National Bureau of Economic