Stock index futures rose sharply on Tuesday, tracking global equities that gained after gauges of Chinese and euro zone economic activity came in less gloomy than feared.
Goldman Sachs CEO Lloyd Blankfein hires Reid Weingarten, a high-profile defense attorney.
Nobel Laureate Paul Samuelson is famous for saying the stock market predicted nine of the last five recessions.
U.S. Sen. Bernie Sanders, I-Vt., says speculators have contributed to oil’s high price – hurting the U.S. economy and wreaking havoc on family budgets, and he’s proposed a bill that he believes will help stop it.
Credit Suisse Group (CSGN.VX) will buy the nearly 50 percent stake it does not own of Brazilian investment fund Hedging-Griffo, which the Swiss bank will make its sole asset management platform in Latin America's biggest economy, a local newspaper reported on Monday.
With the global economy sputtering and financial markets on the rocks, the world needs reassurance the U.S. central bank stands ready to save the day.
In early summer, before layoffs began sweeping across Wall Street, billboard-sized photos of employees were plastered on the walls, pillars and elevator banks of Credit Suisse Group AG's offices in the United States and abroad.
Presidential hopeful Rick Perry's brash appeal to the Republican Party's fiscally conservative base may fall flat with big donors who favor a more moderate candidate to challenge President Barack Obama in the 2012 election.
Oil trading data that exposed the extensive positions speculators held in the run-up to record high prices in 2008 were intentionally leaked by a U.S. senator, sparking broader concern about industry confidentiality as Congress moves on Wall Street reform.
Oil trading data that exposed the extensive positions speculators held in the run-up to record high prices in 2008 were intentionally leaked by a U.S. senator, sparking broader concern about industry confidentiality as Congress moves on Wall Street reform.
Hewlett-Packard Co may spin off the world's largest PC business, part of a wrenching series of moves away from the consumer market, including killing its new tablet and buying British software company Autonomy Corp for as much as $11.7 billion.
Barclays fired one of its star commodities traders yesterday, marking what could be the end of an era.
By the complaints coming from Washington, you might think that the Standard & Poor's credit rating service is a big headache for its owner, the McGraw-Hill Companies Inc .
Star bond fund manager Jeffrey Gundlach did not instruct anyone to copy analytic systems from his former employer, Trust Company of the West, but did devise a "defensive plan" in the event he would be fired, he testified in court.
Former employees of elite Wall Street firms are triumphing over their previous investment banks in Google Inc's blockbuster $12.5 billion deal to buy Motorola Mobility Holdings Inc.
Allstate Corp
on Monday sued Goldman Sachs Group Inc , accusing the Wall Street bank of causing losses by hiding the risks more than $123 million of mortgage securities it bought.
As a U.S. economic rebound stalls and threatens to spiral into a new recession, oil demand in the world's top consumer may be slipping into an irreversible decline.
Lloyd C. Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc., lost about $52 million of his personal wealth this month.
The top pre-market NASDAQ Stock Market gainers are: MannKind, NVIDIA, Red Robin Gourmet Burgers, Logitech International, and SodaStream International. The top pre-market NASDAQ Stock Market losers are: Sky-mobi, A123 Systems, Golar LNG, Entegris, and Infosys Technologies.
Mining company European Goldfields, which secured a long-awaited Greek permit last month, posted a narrower pretax loss for the second quarter and said it had made "major progress" with its Olympias project, on track for first production next year.
Here is a look at some of the top donors to election campaigns for the 12 members of the U.S. Congress named to a deficit-fighting "super committee."
New China Life, the third-largest life insurance company in China, has filed its listing application with the Hong Kong stock exchange, setting the stage for a planned IPO of up to $4 billion in Hong Kong and Shanghai, sources with direct knowledge of the plans told Reuters on Thursday.