Maria Alessio, left, retired from Walgreens in fall of 2018 expecting the drugstore chain to help her pay for health insurance. Walgreens cut the payments for her and about 550 other early retirees shortly after Alessio retired. Source: Maria Alessio Maria Alessio loved working for Walgreens Boots Alliance, especially because …

FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Washington’s apparent assault on big tech companies like Alphabet, Facebook and Amazon could be a blessing in disguise for investors as they present a massive buying opportunity. Alphabet and Facebook shares fell 3.4% and 2.3%, respectively, for the week. Amazon …

Economic forecaster Lakshman Achuthan sees a bearish trend unfolding that should keep Treasury yields at multi-year lows longer than Wall Street anticipates. Achuthan, co-founder of the Economic Cycle Research Institute, builds his case on a single chart showing forward looking inflation measures. His major takeaway: Inflation is in a downturn, …

CNBC’s Jim Cramer said Friday that Wall Street wants to see weaker economic data in the week ahead. Major markets, which have been oversold, surged this week thanks to the Federal Reserve’s willingness to cut interest rates if deemed necessary by the data. Chairman Jerome Powell signaled that the central …

Stocks have been rallying hard on the idea the Federal Reserve will cut interest rates soon, but at some point the market needs to see progress on the trade wars and economic weakness that are bothering the Fed. Friday’s surprisingly soft May jobs report showed just 75,000 jobs created, 100,000 …

Mexican pesos notes on a table with traditional Mexican ornament. Daniel Sambraus | Moment Mobile | Getty Images The Mexican peso dropped against the dollar on Thursday after two ratings agencies lowered their outlook on the country amid heightened trade tensions with the U.S. Moody’s Investors Service on Thursday cut …

Scrutiny from federal regulators will likely have a chilling effect on mega deals from some of the world’s most valuable companies. While a bulk of Wall Street analysts have said that possible antitrust probes into Facebook, Apple, Google’s parent company Alphabet and Amazon won’t result in actual breakups, it could …

Tom Reilly, chief executive officer of Cloudera Inc., stands during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images Cloudera shares plunged more than 40% on Thursday after the company announcement that CEO …

The U.S. flag flies at a welcoming ceremony between Chinese President Xi Jinping and U.S. President Donald Trump in 2017. Getty Images News | Getty Images China’s warning about traveling in U.S. — the latest shot amid the worsening trade war — could pose a threat to some airlines and casinos, although …

Lisa Su, CEO, AMD Scott Mlyn | CNBC Semiconductor company Advanced Micro Devices keeps delivering “positive proof points,” according to Morgan Stanley. After being negative on the stock, Morgan Stanley upgraded AMD to equal-weight from underweight and raised the price target to $28 from $17. The bank said AMD has …