San Bernardino Massacre Means Brisk Business For Shooting Ranges
In the wake of multiple high-profile attacks in the U.S. involving guns, the $1.3 billion shooting range industry is thriving.
Will The Fed Raise Rates This Month? $27 Billion Says Yes
Investors have placed a record volume of bets that U.S. Treasury prices will react to a hike in interest rates in December.
Keurig Coffee Deal Leaves Bitter Taste With Short Sellers
Monday’s surprise $14 billion deal to take Keurig Green Mountain private would have burned investors who had placed bets that the company’s shares would plummet.
Tamir Rice Shooting Update: Expert Says 12-Year-Old Had Hands In Pockets
A specialist hired by the family of the 12-year-old boy determined that he had his hands in his pockets when he was fatally shot by a white police officer last year.
President Obama To Address Terrorism In Speech In Wake Of San Bernardino Attack
The president will deliver a speech on terrorism Sunday in response to the shootings that left 14 victims dead in San Bernardino, California.
Wal-Mart Cries Foul Over 'Astonishing' Tax Increase In Debt-Stricken Puerto Rico
The retailer's Puerto Rico unit filed a lawsuit against the commonwealth over a new tax it claimed would lift its tax burden above 90 percent of operating income.
Scalpers Market 'Star Wars: The Force Awakens' Tickets For Up To $200
Ticket scalpers have leapt at the opportunity to make a quick buck off the highly anticipated seventh "Star Wars" movie.
Eurozone Authorities On Edge Over British Demands For 'Multicurrency Union'
EU-wide debt crises and the meltdown of Greek relations have made holdouts like Poland and Sweden wary of adopting the euro.
US Consulate In Istanbul Warns Of 'Imminent Security Threat'
Authorities warned Americans to stay away from the diplomatic compound in Istanbul amid fears of instability and violence in Turkey.
The Fed Is Expected To Begin Raising Interest Rates Soon, But How Quickly?
Friday’s robust jobs report has cleared they way for the Fed to begin raising interest rates later this month. The pace of those rate hikes is key.
Fed’s Yellen Nods Toward December Rate Hike And Defends Central Bank Policy
In congressional testimony Thursday, Federal Reserve Chair Janet Yellen said the job market is nearly healthy enough to justify raising interest rates.
Yellen 'Looking Forward' To Interest Rate Hike As Fed Mulls December Liftoff
The Federal Reserve chair said U.S. economic headwinds should ease next year, but the Fed will keep interest rates below historic levels for a while.
Fidelity, In A Reversal, Just Marked Up Snapchat And Dropbox
The mutual fund company quietly reversed its recent markdowns of Dropbox and Snapchat, demonstrating the topsy-turvy nature of the startup market.
Morgan Stanley Said To Eye Major Job Cuts In Bond Trading Division
The investment bank is gearing up to fire as many as one quarter of the employees in its flagging fixed-income division, Bloomberg reports.
Wells Fargo (WFC) Probed Over High-Pressure Sales Tactics
The giant San Francisco bank is under investigation for its 'pressure cooker' sales approach, the Wall Street Journal reports.
No More AIGs: Federal Reserve Curtails Emergency Lending Power
The Federal Reserve adopted rules Monday to limit the central bank's ability to provide emergency lending of the sort that saved AIG in the 2008 crisis.
Paris Climate Conference 2015: $2.2 Trillion In Future Fossil Fuel Spending At Risk As World Leaders Take On Climate Change
If world leaders gathering in Paris next week resolve to contain global warming, energy companies would need to abandon huge capital spending projects, a report finds.
Third-Quarter GDP Revision Gives Fed More Reason To Move
GDP growth wasn't as slow in the third quarter as previously thought, putting additional pressure on the Federal Reserve to raise interest rates next month.
After Pfizer-Allergan Deal, Global Mergers And Acquisitions Hit Record $3.8 Trillion
The total value of mergers and acquisitions has surpassed the previous record set in 2007, with more than $3.8 trillion in global transactions.
Pfizer-Allergan Merger: How Much Will US Treasury Lose Out On In Taxes?
In the biggest-ever healthcare merger, Pfizer will move its headquarters to Ireland, freeing up billions of dollars in deferred U.S. tax liabilities.
Corporate Tax Inversions: Treasury Department’s New Rules Won't Stop Company Deals Designed To Avoid US Taxes
The U.S. Treasury Department aims to prevent companies from moving abroad to avoid taxes. But big corporations in the midst of inversions aren't blinking.
House Takes Aim At Federal Reserve And Financial Watchdog Agency In Advance Of Year-End Blitz
Congressional Republicans, with some Democrats, also passed a bill to limit the authority of the Consumer Financial Protection Bureau.
Square IPO: Payments Company Stock Jumps In Market Debut
The payments company led by Twitter co-founder Jack Dorsey was the latest Silicon Valley unicorn to hit public markets Thursday.
US Federal Reserve Rate Hike: 'Conditions Could Well Be Met' To Raise Interest Rates In December
Notes from the Federal Reserve's October meeting show most of the committee thought conditions "could well be met" for a year-end rate hike.
Square IPO A 'Bellwether' For Market’s Mood On Startups
The payments company goes public Thursday in one of 2015's most closely watched initial public offerings. It could provide clarity for a market some see as a bubble.
Executives At JPMorgan, RBS Under Investigation For Financial Crisis Misdeeds: WSJ
For the first time, executives at major banks are under investigation for criminal wrongdoing during the subprime mortgage crisis.
Valeant Pharmaceuticals International Inc (VRX): 'Female Viagra' Drug Barely Sells As Brand Takes Hit Among Doctors
It's been a rough month for the pharmaceutical giant. Recent controversies have damaged Valeant's brand, while female libido pill Addyi has barely sold.
US Federal Reserve Rate Hike: Solid Inflation Keeps December Liftoff Alive
Data closely watched by the Federal Reserve's interest rate-setting committee showed prices increasing and U.S. factory output gaining strength.
Paris Attacks Highlight Difficulty Of Stemming ISIS’ Terror Financing
Even as the Islamic State group develops new methods of evading financial sanctions, experts say attacks like those in Paris could happen with financial independence.
Green Finance: Climate-Friendly Investments Grew Nearly 20 Percent In 2014
In the lead-up to a critical climate conference in Paris, the world spent $391 billion on green investments -- a 20 percent increase year over year.