This ‘prophet of doom’ predicts stock market will plunge more than 50%

John Hussman, president of Hussman Investment Trust, describes himself as an economist, a philanthropist, and a “realist optimist often viewed as a prophet of doom” on his...

The Big Mac is turning 50

McDonald’s is fighting to hold onto customers as the Big Mac turns 50, but it isn’t changing the makings of its most famous burger. The company is celebrating...

BMW to hike prices on X5, X6 SUVs in China to cope with tariffs

German carmaker BMW said it will raise the prices of two U.S.-made crossover sport-utility vehicles in China to cope with the additional cost of tariffs on U.S. car imports...

Why investors shouldn’t worry about rising rates

The yield on the benchmark 10-year US Treasury isn't far from 3%. Rates hit 3% in April for the first time since 2014 before eventually edging lower. Now yields...

China withdraws approval for Facebook innovation hub

It’s easy come, easy go for social media maestro Mark Zuckerberg. Zuckerberg, one day after believing Facebook was making inroads in China, got the door slammed in his...

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