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Global markets have given traders whiplash this week. 4 money managers described to us how treacherous the environment has been.

Market volatility has made life difficult for investors in both the equity and bond markets — and it's expected to continue through the summer.
Apple CEO Tim Cook at the European Union's privacy conference in Brussels.

Tech’s 5 FAANG stocks just saw $150 billion of their market value vaporized, and Apple is reeling the hardest

Shares of Facebook, Apple, Amazon, Netflix and Google tumbled, shedding $150 billion in market value as US-China trade war escalated.

Restaurant stocks have caught up with soaring S&P 500 gains in the last year. These 10 companies have surged and led the industry.

Some individual restaurant stocks have soared more than 70%, crushing gains of the S&P 500 during a year of strong market performance.
California has the top three cities with properties over $1 million.

A housing-market slowdown could be bad news for renters

As the housing market cools across the US, economists say rental prices look poised to rise.
Stanley Druckenmiller, founder of Duquesne Capital Management, speaks at the Sohn Investment Conference in New York, May 8, 2013.

‘Put all your eggs in one basket and watch the basket very carefully’: Here are 13 brilliant quotes from billionaire investor Stanley Druc...

Stanley Druckenmiller has a long, fruitful career in fund managing. Unlike other investors, he is not a fan of traditional investing strategies.
Visitors crowd an artificial wave swimming pool at a tourist resort to escape the summer heat in Daying county of Suining, Sichuan province, China.

The world is swimming in $244 trillion of debt

Global debt has swelled to $244 trillion, the Institute of International Finance says. Meanwhile, the ratio of debt to GDP worldwide hit a record.

The housing market is cooling off — and uncertainty isn’t helping

Affordability and the new tax law are contributing to a slowdown in the US housing market. A less tangible factor at play may be sheer uncertainty.
Saudi Arabia's energy minister al-Falih addresses a news conference after an OPEC meeting in Vienna

Swelling oil inventories could be driving the market toward oversupply, OPEC says

Less than two weeks before US sanctions against Iran kick in, OPEC said the oil market could shift toward a surplus and signaled it would adjust production accordingly if that were the case.
L3 ENVG-B

L3 Technologies and Harris Corp agree to deal, creating $33.5 billion defense giant

L3 Technologies and Harris Corp. rallied Monday morning after the two companies agreed to merge in an all-stock deal. The new company will have a market capitalization of $33.5 billion, making it the sixth largest defense company in the US, according to the company release.
A general view of Tesoro's Los Angeles refinery in Los Angeles, California October 10, 2014.

The US’s biggest oil companies are joining the ‘climate OPEC’

The oil majors Exxon, Chevron, and Occidental will join an industry coalition that aims to address climate change.