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U.S. economy grew 3.0% in spring – and GDP looks set to repeat that feat in third quarter

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The last of three updates on U.S. growth in the second quarter showed the economy expanded at solid 3.0% annual pace — and there’s no sign it’s taken a big turn for the worse.

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Schlumberger’s stock slumps as falling oil prices turn customers cautious

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Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.

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New-home construction dips in September, as builders await rate cuts

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Construction on new U.S. homes fell 0.5% in September, the Commerce Department said Friday.

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Why investors should be worried about the market’s ‘invincibility syndrome’

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Too much optimism means there aren’t many left to buy stocks, says hedge fund manager.

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