Wrong to rely on monetary policy: Summers

Former director of the National Economic Council Larry Summers reacts to BlackRock CEO Larry Fink's comments predicting a no taper until June 2014. "It's wrong to be relying on monetary policy as the main driver of the economy," he says.

What is Davos?

Business leaders, politicians, journalists and investors are descending on the small ski town of Davos, Switzerland, in the high Alps to participate in the annual meeting of the World Economic Forum.

Stocks plunge amid global risk rout; oil sinks below $30 per barrel

Yahoo Finance breaks down the biggest stories of the day.

Global markets tumble as oil settles below $30

A terrible month of January continues. Is this as a harbinger of bad things to come for the market?

Cheap oil is unnerving markets--but it's still a good thing

When did cheap oil become an economic catastrophe?

How oil tanked the ruble

Among the many markets getting hammered today by crude oil is Russia, with the RSX exchange traded fund down over 7%. For more on this, we turn to Yahoo Finance's Justine Underhill.

PureFunds ETFs cover cyber security, big data and mobile payments

Yahoo Finance's Alexis Christoforous sits down with PureFunds CEO, Andrew Chanin to discuss his firm's ETF offerings and outlook on the markets.

How your city compares to some of the world's most famous neighborhoods

For some of the largest U.S. markets, getting a home can cost as much as some of the world’s most sought-after addresses.

Fantex, the 'athlete stock exchange,' signs first golfer

Scott Langley joins nine NFL players and a pitcher in the Fantex stock lineup.

U.S. stocks sell off; Wal-Mart to shutter stores; Is Chipotle Closing?

U.S. stocks (^DJI, ^GSPC, ^IXIC) and oil plummet amid another global selloff. U.S. stocks slid and the 10-year treasury fell below 2% as markets around the world dropped into negative territory. To discuss today's market moves and some of the other stories Yahoo Finance is keeping an eye on today, Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and Yahoo Finance markets reporter Nicole Sinclair.