Vote? Not Yet. Invest? Yes. Fidelity Launches Teen Accounts

NEW YORK  — Looking to draw in the next generation of investors, Fidelity Investments is launching a new type of account for teenagers to save, spend and invest their money. The account is for 13- to 17-year-olds, and it will allow them to deposit cash, hav...
Photo of officers and soldiers checking passengers leaving from Milan main train station, Italy

Virus Closes Sites Around the World; Stocks, Oil Prices Sink

SOAVE, Italy — Fear over the new coronavirus epidemic sent global stock markets and oil prices plunging Monday, touched off prison riots in Italy and caused a cascading shutdown of sites and events ranging from Saudi schools to a Holocaust march. While many...
Photo of former Uber CEO Travis Kalanick

Former Uber CEO Kalanick Severs Ties With Ride-Hailing Giant

NEW YORK — Former Uber CEO Travis Kalanick is resigning from the board of directors, severing ties with the ride-hailing company that he co-founded a decade ago and ran until a series of scandals led to his downfall. “Uber has been a part of my life for the...
Photo of trader Michael Urkonis

Yes, Stocks Are Up Again. No, Recession Worries Aren’t Gone

NEW YORK — The U.S. economy is sending some worrying signals about a possible recession, yet the stock market has gone on a what-me-worry ride toward record heights. What gives? Put simply, while the stock market watches the economy, the two don't always...