Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Nordstrom and Ross Stores slumped Thursday after Goldman Sachs downgraded both stocks and struck a sober tone in discussing profit outlook for the retail sector at large. The brokerage cut its rating on both names to …

In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is displayed on April 03, 2019 in Paris, France. Chesnot | Getty Images Bitcoin continues to crater after popular cryptocurrency trading platform Coinbase’s outage on Wednesday, The cryptocurrency climbed to a high of $13,485.85 Wednesday afternoon, its highest …

Wayfair co-chairman and co-founders Steve Conine (C) and Niraj Shah applaud as they ring the opening bell above the floor of the New York Stock Exchange on the day of the company’s IPO October 2, 2014. Lucas Jackson | Reuters Online home goods retailer Wayfair sold roughly 1,600 mattresses and …

Customers pump gasoline at a gas station in the Bronx, where gas prices are over $3.00 per gallon, June 1, 2018 in New York. Don Emmert | AFP | Getty Images The permanent shutdown of the fire-damaged Philadelphia Energy Solutions refining complex could send gasoline prices higher across the U.S., …

Despite headlines of record low unemployment and a booming economy, just 43% of Americans are certain they could come up with $2,000 for an unexpected expense. That finding comes from new research by the FINRA Investor Education Foundation, which has been documenting Americans’ financial knowledge and perceptions for years. More …

Omar Marques | LightRocket | Getty Images Bitcoin rallied above the $13,000 level Wednesday, adding to its double-digit gains this week. The world’s first and largest cryptocurrency soared 15% to a high of $13,485.85 Wednesday afternoon — its highest level since January 2018, according to industry site CoinDesk. The spike …

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The S&P 500 is about to pull off its best first half of a year in at least 10 years and the Dow Jones Industrial Average is having its best June since 1938, but underneath …

The yield on the benchmark 10-year Treasury note fell below 2% for the first time since 2016 last week. That move followed a more dovish tone from the Federal Reserve in its June policy statement, with the odds of a rate cut in July moving to 100%, according to the …

President Donald Trump and China’s President Xi Jinping make joint statements at the Great Hall of the People in Beijing, Nov. 9, 2017. Jonathan Ernst | Reuters Stocks are likely to see a temporary relief rally and bonds could sell off if there is a ‘ceasefire’ declared in the trade …

Traders work the floor at the NYSE in New York. Brendan McDermid | Reuters Barclays believes a market “melt-up” could be on the horizon if three things materialize in the near future: A trade truce,  Federal Reserve rate cuts and the economic slowdown only being a soft patch. The so-called …