Shannon Stapleton | Reuters Ratings firm Moody’s downgraded its outlook for global investment banks (GIB) Tuesday from “positive” to “stable” citing the slowdown in growth, and lower or negative interest rates. According to Moody’s, these GIBs — which includes the likes of Goldman Sachs, J.P. Morgan, HSBC and Deutsche Bank …

Apple is trying for a big comeback. The iPhone maker rallied nearly 2% on Monday, bouncing back from a major sell-off last week, as trade tensions between the U.S. and China hit a reprieve. Apple uses components made in China. The stock also got a lift after J.P. Morgan analysts …

A Johnson & Johnson building is shown in Irvine, California. Mike Blake | Reuters Shares of major pharmaceutical companies surged in after-hours trading Monday following a smaller-than-expected fine for Johnson & Johnson. An Oklahoma judge ordered the company to pay the state $572 million — significantly less than the $17 …

Salary negotiation isn’t the easiest conversation to have, but not asking for more could mean leaving a lot of money on the table. “In terms of negotiating your salary, the right time is yesterday,” Sallie Krawcheck, co-founder and CEO of digital investment platform Ellevest, tells CNBC Make It. “And if …

Rep. Joseph Kennedy III (D-Mass.) Paul Morigi | WireImage | Getty Images Rep. Joseph Kennedy III has formed an exploratory committee for a possible U.S. Senate run against incumbent Sen. Ed Markey, according to a Federal Election Commission filing and campaign aides. The filing shows a committee titled “Kennedy for …

The reignited trade fight between the U.S. and China elevates the odds of a global recession and market pullback over the next year, according to some of Wall Street’s top economists and market strategists. The global economy would fall into recession six to nine months after the U.S. and China …

Boeing is clear and ready for takeoff. The plane maker is coming off its best week since January, the only positive Dow stock during Friday’s session as markets sold off. It managed to hold up against the U.S.-China trade sell-off, bucking its trend as a stock sensitive to escalating tensions. …

Colonel Sanders will soon be serving vegan fried chicken to see if customers think it’s finger lickin’ good. KFC will start testing plant-based fried chicken from Beyond Meat in an Atlanta restaurant on Tuesday. The test makes the Yum Brands subsidiary the first national U.S. fast-food chain to introduce a …

The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York. Don Emmert | AFP | Getty Images Price increases will allow Lyft to turn a profit sooner than expected, according to Guggenheim. The firm upgraded the ride-hailing company …

Employees inspect and sort marijuana buds for packaging at the Canopy Growth Corp. facility in Smith Falls, Ontario, Canada. Chris Roussakis | Bloomberg | Getty Images Canopy Growth shares rose after an analyst at Seaport Global Securities upgraded the Canadian pot maker on expectations the recreational marijuana market will give …