Santa Claus Rally 2014: Dow Jones Industrial Average, S&P 500 Index Smash Records
The Dow closed at a new all-time record Wednesday for the 37th time this year as Santa Claus came to town.
Corzine's MF Global Fined $1.3B For Misuse Of Funds
The former New Jersey governor's bankrupt firm has been slapped with $1.2 billion in restitution and a $100 million penalty.
US Unemployment Claims Drop Again
Data released Wednesday showed the fourth straight week of declines in claims.
India Allows Foreign Investors To Increase Stake In Domestic Insurance Companies As Modi Pushes Reforms
Narendra Modi is pushing ahead on key reforms with an executive order after opposition parties stalled parliament over an issue about religion.
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Venezuela Currency Controls Make Scotch Cheap As Milk, Syringes Go Short
The currency controls have become a primary concern of foreign investors who believe they are draining international reserves.
GDP Grows, Dow Soars While US Workers Still Chase Household Income, Wage Growth And Real Recovery
When it comes to postrecession wages, most Americans "have essentially gone nowhere," says Josh Bivens, of the Economic Policy Institute.
JPMorgan Could Have Avoided Massive Data Breach With This One Simple Trick
Two-factor authentication is easy to set up, but one of the largest banking institutions in the world simply never did it.
Dow Jones Industrial Average Smashes 18,000 Milestone After US Economic Growth Surges In Q3
Fresh economic data on the strengthening U.S. economy sent the blue-chip index into the stratosphere on Tuesday.
US Economic Growth Smashes Expectations As GDP Grew 5% In Third Quarter
The final revision surpassed economists expectations for the economy to grow at a 4.3 percent annual pace.
UK Growth Slows Slightly In Third Quarter
Spending by households drove Britain's economic recovery once again in the third quarter despite a slight fall in disposable incomes.
China's Private Sector Suitors To Drive Asian M&A Deals in 2015
China's private sector suitors are set to drive another strong year of Asian mergers and acquisitions in 2015.
India's Hindu Nationalist BJP Excels At Polls In Muslim-Dominated Jammu And Kashmir
It remains unclear if Prime Minister Modi’s BJP would be part of the state government in the strife-torn, Muslim-majority state.
Dow Jones Industrial Average Leaps 150 Points, S&P 500 Index Breaks Record Closing High
The record was broken for the 50th time this year while the Dow closed in on a new psychologically important milestone.
BP Says Deepwater Horizon Spill Civil Penalty Should Be Lowered Along With Oil Prices
Should BP pay a lower penalty for the 2010 Gulf of Mexico spill because oil prices are down? The company thinks so.
$14 Million An Hour: War Costs Top $1.6 Trillion Since 9/11, Say Congressional Researchers
U.S. taxpayer funding of the military has been $337 million a day, or almost a quarter million dollars a minute — every day since 9/11.
Emerging Markets 2014: How Russian Ruble Crisis, Tumbling Oil Prices Will Affect Bond Markets
The global decline in crude oil prices is beginning to reveal consequences around the globe — far beyond the Russian ruble crisis.
Wall Street's Week Ahead: Dow Jones Industrial Average Soars With Santa Claus Rally 2014 In Sight
Following last week’s advances, Wall Street expects a “Santa Claus Rally” from the Dow and S&P 500 by year-end.
FRC To Probe PwC Over Tesco Accounting Scandal
UK's Financial Reporting Council has launched an inquiry into PwC over its auditing of Tesco's 2012, 2013 and 2014 accounts.
China Investigating Stock-Price Manipulation Even As Markets Extend Rally: Report
The announcement by the Chinese securities regulator comes just days after it warned investors against investing irrationally.
India Hopes Direct Bank Transfers Will Limit Subsidy Bill Even As Mid-Term Review Paints Bleak Picture
India prepares to transfer subsidies on cooking gas to consumers' bank accounts even as its public distribution system continues to totter.
Britain Weighs Up Oil Industry Calls For North Sea Tax Breaks
Britain is considering reducing the tax bill for oil explorers in the North Sea including a proposal from the industry to halve rates.
UK Firms Expect To Offer A Bit More Pay In 2015: CBI
British companies plan to cautiously relax their grip on pay in 2015.
China Foreign Minister Says Willing To Help Russia
China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a weaker ruble.
Gas Prices Drop To Lowest Level In More Than 5 Years
Travel analysts expect gas prices to drop before Christmas and again before New Year's Day.
Saudi Arabia Says Won't Cut Oil Output
Saudi Oil Minister Ali al-Naimi blamed falling oil prices on speculators and lack of cooperation from non-OPEC members
Lithuania Readies Itself For The Euro As Russia Growls Across The Border
New Year’s Day, Lithuania will become the last of the Baltic states to join the euro currency bloc.
Saudi Arabia Says It Won't Cut Oil Output
Saudi Arabia Oil Minister Ali al-Naimi says other countries are welcome to cut their oil output, but that his country will not be doing it.
As Ford Closes, European Rust Belt Seeks New Ideas
As Ford and GM plants close, workers are unsure about what comes next.
Super Saturday 2014: Holiday Shoppers Come Out In Droves To Scoop Up Seasonal Discounts
Retail analysts say the last Saturday before Christmas could trump "Black Friday" as the biggest retail-generating day of 2014.
India Looks To Sway Americans With Nuclear Power Insurance Plan
India is offering to set up an insurance pool to indemnify global nuclear suppliers against liability in the case of a nuclear accident.
Staples Data Hack: How To Find Out If Your Credit Card May Have Been Compromised
Find out whether or not you may have been a victim of the Staples credit card data breach that the company confirmed Friday.
Staples Inc. Data Breach: Company Says Over 1 Million Credit Cards Compromised
Staples Inc. confirmed Friday that more than 1 million credit cards may have been compromised in a massive data breach.
S&P 500 Index Soars To Within A Mere 5 Points Of All-Time Record
The Dow and the S&P 500 completed three straight days of gains Friday, as U.S. stocks soared to the largest three-day rally since 2011.
Chicago Mayor Rahm Emanuel Continues Getting Cash From Firms Managing Chicago Pension Money
Despite lawmakers’ call for a federal probe, the Chicago mayor gets a new infusion of money from firms making fees off Chicago pensions.
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