Wall Street was set to open lower on Monday, continuing a technology-led selloff from Friday, as fears of a global economic slowdown worsening and dropping oil prices continue to rattle investors.
LONDON - Worries over the global economy weighed heavily on stock markets Monday, with Europe bearing the brunt of the selling. And oil prices fell further, with the benchmark New York rate below $30 a barrel again.
The owner of the for-profit University of Phoenix will go private in a sale to a group of investors amid shrinking enrollment and revenue.
Federal Reserve Chair Janet Yellen's task is growing more intractable every day. And believe it or not, Friday's jobs report featuring a drop in the unemployment rate to 4.9 percent has made it only more difficult.
RTS7U6Q Employees work at the assembly line of Toyota Etios cars inside the manufacturing plant of Toyota Kirloskar Motor in Bidadi, India, Nov. 7, 2015.