Franklin Resources will buy rival asset manager Legg Mason for $50 cash per share.

Stock futures point lower after Apple issues a revenue warning because of the coronavirus outbreak in China; Walmart reports earnings; Franklin Resources reportedly is close to buying rival Legg Mason.

An announcement on job cuts comes just days after legendary corporate raider Nelson Peltz and his investment firm, Trian Fund Management, won two seats on Legg Mason's board of directors.

U.S. stock futures decline though sentiment gets a lift from a softening of the rhetoric from Donald Trump in the U.S.-China trade war; Cisco, Alibaba and Macy's report earnings; Tilray shares rise after the Canadian cannabis company posts a revenue beat.

Global stocks kicked off the week in a bullish mood Monday, with markets in China ripping to biggest single-day gain in three years following government pledges on tax and liquidity, as investors eye a key set of U.S. corporate earnings, and myriad geo-political risks, in order to gauge market direction between now and the end of the year.

S&P 500 companies are expected report quarterly earnings of more than $340 billion over the next few weeks, as a combination of government stimulus and surging economic growth drives bottom line growth, but rising interest rates, U.S.-China trade tensions and the fading affect of Republican-led tax cuts likely points to a steady slowdown in the months ahead.

The mutual-fund industry can't seem to keep investors from shifting their money into low-cost exchange-traded funds and index-matching funds.

The defense sector is on fire. Here's how to play the best of the best.

Second quarter earnings were better than expected but not good enough to keep the stock moving higher.

Tesla is expected to start production of its highly anticipated futuristic truck in 2023.

A development team led by Seth Rogen is working on a production that centers on a less well-known character with a nonetheless devoted following.

The Fed's preferred inflation gauge topped Street forecasts Friday, snuffing out hopes of a near-term change in the central bank's rate hiking plans.