Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The stock market’s rally in the face of disappearing trading volumes brings to mind an old Wall Street adage: “Don’t short a dull tape.” Traders know better than to bet against a stock in this …

Pedestrians walk past the People’s Bank of China headquarters in Beijing, China, on Monday, Jan. 7, 2019. Giulia Marchi | Bloomberg | Getty Images BEIJING — The Chinese central bank’s new interest rate is the latest attempt by authorities to boost lending to privately run, smaller businesses — but that may …

James Park, CEO of Fitbit. Jeniece Pettitt | CNBC Fitbit announced a deal on Wednesday with the government of Singapore to provide hundreds of thousands of consumers there with fitness trackers as the country aims to make its population healthier. Fitbit told CNBC that starting next month, residents of Singapore …

Adam Jeffery | CNBC Adam Jeffery | CNBC Competition is weighing on Tesla’s sales, according to A.B. Bernstein. The firm said increased competition abroad is responsible for the recent weakness in Tesla’s sales volume. “Our analysis suggests that the deteriorating sales trajectory of the Model S and X may be …

Elon Musk, Chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity’s Inside Energy Summit in Manhattan. Rashid Umar Abbas | Reuters When Tesla acquired SolarCity in 2016, the $2.6 billion deal was criticized by many as a bailout by Elon Musk and for Elon Musk, who was the …

The bond market has entered a financial twilight zone, and at this point, there doesn’t seem to be a smooth way out. For the last several weeks, investors have been watching a swift move lower in global bond yields — with the amount of negative yielding debt increasing to the …

Climate change will exact a toll on global economic output as higher temperatures hamstring industries from farming to manufacturing, according to a new study published by the National Bureau of Economic Research. Record-breaking heat across the globe made headlines throughout July, and now researchers say a persistent increase in average …

Wells College, Aurora NY. Google Earth When Jonathan Gibralter became president of Wells College in 2015, enrollment at the school was at a nadir. To understand why, faculty there compared the college’s price tag with other schools in the area. “What we found is that our tuition was $10,000 out …

Economic data looks nothing like that of a recession, according to Credit Suisse. The firm created a “recession dashboard” in which the firm tracked the state of seven main economic indicators at the start of each recession dating back to 1973. In past recessions, most of the indicators were “recessionary” …

Signage for the National Rifle Association (NRA) is displayed during the organization’s Annual Meetings & Exhibits at the George R. Brown Convention Center in Houston, May 4, 2013. Aaron M. Sprecher | Bloomberg | Getty Images The National Rifle Association turned to old footage of one of its former employees …