The prestigious investment bank is undertaking one of its biggest rounds of layoffs since the Global Financial Crisis.

As market jitters declined over protests in China set off by growing public anger over COVID-19 restrictions, Asian shares were mostly higher Tuesday.

Nearly all the chief executives in a new survey — 98% — say they're getting their ducks in a row for an impending economic downturn in the United States.

Amid heightened uncertainty about the global economy, all three U.S. indexes are in a bear market as the third quarter comes to a close.

Customarily, the Fed and other central banks do as much as they can to keep markets calm. This time they're the reason behind the volatility.

A surprise warning from FedEx has shocked Wall Street and worried some about the direction of the economy.

All three indexes fell after worse-than-expected inflation data raised expectations the Fed will need to continue raising interest rates aggressively to bring prices under control.

Companies are bracing for potential trouble ahead by lowering their advertising budgets, cutting costs and adapting to their customers' changing spending habits.

Private companies are sitting on the sidelines in 2022 after a record setting year of initial public offerings fueled by cheap borrowing.

All that whipsawing on Wall Street in the first half of the year reflects real nervousness. Investors are worried the Fed may tip the economy into a recession.

Stocks sank a day after the Federal Reserve delivered its biggest rate hike since 1994.

Stocks fell sharply on Monday after a stronger-than-expected inflation report spooked investors. The S&P 500 entered a bear market once again after briefly dipping into one last month.

She became one of Wall Street's most successful stock pickers during the pandemic, with millions of followers in social media, but Wood is struggling this year and facing intense scrutiny.

The S&P 500, one of the broadest stock market indexes, entered a bear market during Friday's trading. That means it had fallen a stunning 20% from a recent high in January.

The Dow fell by more than 1,000 points as retailers' earnings reports reflected difficulty navigating higher prices and supply chain bottlenecks.