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Morgan Stanley’s profit slumped for the second straight quarter, as uncertainty about the timing of a U.S. interest rate hike and worries about China’s cooling economy sent shudders through global markets. Chief Financial Officer Jonathan Pruzan offered a subdued outlook for the current quarter, although he said there had been a modest rebound in global markets. Financial markets have been on tenterhooks for months, trying to gauge when the U.S.
Oprah Winfrey is paying about $43.2 million for a 10 percent stake in Weight Watchers and is joining the weight management company’s board. Shares of Weight Watchers nearly doubled after the deal was announced. …
China’s economy decelerated in the latest quarter but stronger spending by consumers who are emerging as an important pillar of growth helped to avert a deeper downturn. The world’s second-largest economy …
Chinese hacking attempts on American corporate intellectual property have occurred with regularity over the past three weeks, suggesting that China almost immediately began violating its newly minted cyberagreement …
While being honored with the Mark Twain Prize for American Humor at the Kennedy Center on Sunday evening, Eddie Murphy did his first stand-up set in 28 years and used his very first joke to…
The perfect brothers to romance the Tanner sisters are coming to Fuller House, but they’ll probably leave the mirrorball trophy at home for this. That’s right, Dancing With the Stars’…
Lamar Odom’s road to recovery is long, but he won’t be making the journey alone. E! News has learned that the former NBA player’s health is improving day to day, but the…
It is, quite seriously, the greatest time of year. Yeah, fall TV has finally returned, and the leaves (in other places besides Los Angeles) are going to start turning pretty…
While Joe Giudice has previously described Teresa Giudice’s stay in prison as a “low-budget spa,” it’s not all fun and games for the Real Housewives of New Jersey…
Jack didn’t eat a cupcake, so why do you keep asking him about it? In this adorable YouTube video, posted by Dave T. Koenig, a cute little boy named Jack denies, under repeated…
