Owen Davis

Despite dour pronouncements from some politicians, the U.S. remained the third most competitive economy in the world, the World Economic Forum said.

As the possibility of a government shutdown lingers, investors are questioning whether financial markets would take a major hit.

Several Fed officials have indicated they could raise benchmark interest rates in October, but others suggest it may happen later.

Fed Chair Janet Yellen assured markets that interest rates would rise in 2015, but she also had a message for workers.

Wall Street predicts that House Majority Leader John Boehner's resignation made a government shutdown next week less likely. December is another story.

International financial regulators are at odds over new rules designed to keep taxpayers from having to foot big-bank bailouts.

As China's president meets with American corporate leaders, U.S. investors are hoping for China to move forward with liberalizing measures.

A long-simmering dispute over whether Brian Moynihan should occupy the positions of both CEO and chairman ended Tuesday with the bank prevailing.

Private equity tax maneuvers recently have been blasted by both President Obama and Donald Trump. Now Sen. Elizabeth Warren adds a new front in the battle.

Market volatility is usually a treat for Wall Street. So why are executives like Bank of America CEO Brian Moynihan bemoaning weak trading-desk revenues?

The number that most Americans point to as a bellwether for the American economy doesn't tell the whole story.

Holding interest rates steady, Federal Reserve Chair Janet Yellen painted an American economy yoked to the ups and downs of world markets.

The Fed's decision not to raise interest rates saved emerging markets from what the World Bank's chief economist called "panic and turmoil."

The U.S. companies are among those at the center of a deepening investigation into alleged sweetheart deals in Europe.

President Obama reiterated his support for closing the so-called carried interest loophole, which eases tax burdens for hedge funds and private equity firms.

Seven years of ultra-low interest rates aided economic recovery and spurred massive stock gains. But workers still haven't seen income growth.

The Federal Reserve is contemplating raising interest rates for the first time in seven years. Analysts say banks could do quite well.

In a wrongful dismissal suit brought against Citigroup, a former trader is alleging wrongdoing on the part of senior managers.

Europe will face steep immediate costs to care for its newest arrivals. But in the long term, refugees could be an economic boost.

Wall Street lobbyists are upping the ante in the fight over conflicts of interests for brokers, but some fiduciary financial planners worry that push could backfire.

The Department of Justice, responding to years of criticism over its failure to prosecute high-level individuals, will change course to target the C-suite.

Willem Buiter issued a note that put the risk of a global recession in the coming two years at 55 percent, with China to blame.

New York's top financial watchdog joined an inquiry into potential wrongdoing into U.S. Treasurys, the world's most actively traded market.

Why September typically puts a damper on the stock market as volatility rises into October.

Fréderike Geerdink was arrested in January for "terrorist propaganda." Now she's been detained again.

Eyewitnesses say an armed guard slammed the customer against a concrete pillar and choked him unconscious after an argument with store staff.

Scores turned out to celebrate the Rowan County clerk who went to jail in protest of the U.S. Supreme Court's landmark decision on same-sex marriage.

Riham Dawabsheh's 18 month-old son Ali died in the July arson attack, which was suspected of being carried out by Jewish extremists.

Member states of the Group of 20 agreed to refrain from competitively devaluing their currencies.