If there is one predictable outcome from the recent equity rout, it is that the behavioural theme has played out to plan.

The CEO of Guggenheim Partners and his business associates are pledging more than $20 billion of their personal wealth to backstop insurers associated with the firm should they experience financial troubles, according to a Wall Street Journal report.

The U.S. economy will not head into a recession in the next two years despite fears in the market that one may be on the horizon, Goldman Sachs’ Peter Oppenheimer told in an interview on Wednesday.

Consumer sentiment for November fell more than anticipated in the final reading of the month, although the index remained near record highs.

Amid prolonged trade disputes and rising interest rates, the global economy will continue to slow down next year, according to the latest forecasts from the Organization for Economic Cooperation and Development.

WASHINGTON — Shoppers heading online to purchase holiday gifts will find they’re being charged sales tax at some websites where they weren’t before. The reason: the Supreme Court.

Among the biggest risers on the S&P 500 on Friday November 23 was American Airlines Group Inc. ($AAL), popping some 4.52% to a price of $37.95 a share with some 6.12 million shares trading hands.

Among the S&P 500’s biggest fallers on Friday November 23 was Apache Corporation (APA). The stock experienced a 3.25% decline to $34.86 with 1.86 million shares changing hands.

Among the S&P 500’s biggest fallers on Friday November 23 was Apple Inc. (AAPL). The stock experienced a 2.54% decline to $172.29 with 23.61 million shares changing hands.

US-based Pearson Candy Co. has been acquired by local private-equity firm Spell Capital Partners for an undisclosed sum.