NEW YORK Global stock markets are on their shakiest footing in years. Investors are fleeing stocks and running to safe-havens like bonds and gold, driven by concerns about economic growth and the effectiveness of central banks' policies.
What: Shares of iRobot Corporation (NASDAQ:IRBT) fell more than 10% early Thursday after the home robotics company released strong fourth-quarter 2015 results but followed with lighter-than-expected forward guidance.
Already branded a "sadomonetarist" by Nobel laureate Paul Krugman, the 62-year-old governor of Sweden's central bank cut rates to a record low of minus 0.50 percent, ignoring criticism from analysts and reservations within his own board.
SINGAPORE Oil prices jumped almost 5 percent on Friday after comments by the energy minister of OPEC-member United Arab Emirates sparked hopes of a coordinated production cut, yet analysts said such a move remained unlikely and that oversupply ...
LANSING, Mich. - Rick Snyder's standing as one of the GOP's most accomplished governors has taken a beating in the crisis over lead-contaminated water in Flint, Michigan.