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Most European markets rose Tuesday as investors continued to have hopes that the U.S. Federal reserve will announce more stimulus measures to boost the economic growth.

Asian shares paused Tuesday as investors awaited Federal Reserve Chairman Ben Bernanke's view on the U.S. economy later in the day, after weak U.S. retail sales and a lower International Monetary Fund global growth forecast raised hopes of more stimulus from the Fed.

Boxer Floyd Mayweather, who is currently serving a jail sentence for domestic assault, topped Sports Illustrated's list of the 50 highest-paid American athletes for 2012.

Taking inspiration from global regulatory investigations into the interest rate manipulation, the U.S. is now building strong evidence of criminal wrongdoings against big banks and individuals ensnared in the heart of the scam.

The internal memo, written by outgoing Executive Chairman Marcus Agius, added that customers, clients, shareholders and regulators all have a right to feel let down.

Human Genome Sciences, Cameco Corp, Barclays Plc, Tata Motors, Cognizant Technology, Banco Santander, Teva Pharmaceutical Industries and Research In Motion are among the companies whose shares are moving in pre-market trading Monday.

In the tradition of stranger than fiction documentaries, The Imposter reminds us just how cruel and absurd reality can be.

Emails and phone communications released by the Federal Reserve on Friday show that an economist with the central bank who was told as August 2007 that one of the world's most important interest rates was being manipulated did not understand that rate.

Bruno Iksil, whose trading team were responsible for huge losses of $4.4 billion, was widely expected to leave the bank after he gained notoriety in the wake of the trading scandal.

Spelling more trouble for India's second largest IT exporter Infosys, Barclays Capital cut its ratings for the company's shares to equal weight from overweight, citing disappointing first quarter earnings.

Your corn flakes are going to be more expensive in six to 12 months' time. As will your ketchup, carbonated drinks, sweets, hamburgers, chicken and many other things in the corn-heavy American diet.

When New York-based banking behemoth JPMorgan Chase and Co. (NYSE:JPM) reports its financial results for the latest quarter on Friday morning, the market's collective attention will be focused on just one figure: the one finally detailing how much JPMorgan lost as a result of its ill-advised strategy of putting huge hedge bets on the CDS derivatives market.

Does the industry deserve the reputation earned by a few rotten apples?

According to an internal memo, HSBC revealed that it will acknowledge and apologize to a U.S. Senate hearing next week for failing to spot money laundering that could have been used to finance terrorism and organized crime.

Kate Middleton's cousin, burlesque dancer Katrina Darling, is about to make the royal family blush, if she hasn't already: the banker-turned-stripper will grace the cover of Playboy for the magazine's September issue.

U.S. wholesalers increased their stockpiles at a slower pace in May as sales fell by the most in three years.

In long forgotten days, before most bank profits came from risky speculation and taxpayer bailouts and those institutions still lived or died by their ability to attract depositors, customers who opened new checking accounts were often given toasters as tokens of appreciation.

The top after-market Nasdaq gainers Tuesday were Obagi Medical Products Inc, Xyratex Ltd, OraSure Technologies Inc, MannKind Corporation and Smith & Wesson Holding Corporation.The top after-market Nasdaq losers were VOXX International Corporation, Prospect Capital Corporation, Golar LNG Partners LP, Arena Pharmaceuticals Inc and Jamba Inc.

In a survey of 500 financial service workers in the UK and U.S., a quarter said they would need to engage in illegal conduct to be successful, while 16 percent said they would commit a crime - insider trading - if they could get away with it.

The Federal Reserve Bank of New York may have known as early as August 2007 that the setting of global benchmark interest rates was flawed. Following an inquiry with British banking group Barclays Plc (NYSE: BSC) in the spring of 2008, it shared proposals for reform of the system with British authorities.

Kris Humphries just cannot stay out of the headlines. The free agent forward has followed up his high profile marriage and divorce with a career year, being bestowed with the ignominious honor as the 'Most Disliked Player In The NBA' and on Monday, he has emerged as the final obstruction to the blockbuster trade of the year.

Ex-Barclays boss Bob Diamond, who will still receive his salary and benefits worth in excess of £2 million, had given up the bonus payment voluntarily according to Barclays executive chairman Marcus Agius.

While American politicians such as U.S. Sen. Kirsten Gillibrand, D-N.Y., are pushing to expand federal tax breaks for small businesses, the U.K. government has already announced a move to help early-stage businesses find new means of financing: tax relief for private investors.

IBTimes reviews winners and losers in the world of business and economics for the week of July 1.

Former Barclays boss Bob Diamond testified Wednesday before the British Parliament's Treasury Select Committee denying that anyone in the British government instructed the bank to manipulate the rate that determines the cost of trillions of dollars worth of loans and derivatives traded worldwide every day.

CEO Robert Diamond's ouster from Barclays (NYSE: BCS) raises questions about whether Wall Street's doyen, Jame Dimon, CEO of JPMorgan Chase (NYSE: JPM), might be next to go, especially as his bank's problems mount.

The British Parliament, might not be the place one would expect to see fireworks lit on July 4. But that's what's likely to happen Wednesday, when the former CEO of Barclays plc (NYSE:BCS), who resigned Tuesday, is expected to tell the House of Commons its fraud was partly done at the bequest of the Bank of England.

The resignation came as Barclays was preparing to demand American-born Diamond, 60, hand back almost £20 million ($31 million) in bonuses

As the Midwest teeters from the impact of one of the most damaging heat waves in U.S. history, declining yields on crops could hurt the public by raising food and commodity prices to staggering proportions, according to commodities trading data.