Most European markets fell Monday amid continuing concerns about the deepening economic conditions in Spain and Greece.
The number of subprime loans for automobiles has increased this year as lending standards have loosened, boosting automakers' revenues but also creating fears of another financial bubble.
U.S. Treasury Secretary Timothy Geithner appeared on a CNBC-sponsored conference Wednesday morning toeing the government's party that the New York Fed is not to blame for helping keep the evolving LIBOR rate-fixing scandal under wraps, even though they knew it was going on since at least 2007.
The Who have announced a 36-date Quadrophenia tour this fall, performing their 1973 rock opera in its entirety. The legendary band's first North American appearance in four years will kick off Nov. 1 in Sunrise, Fla., and wrap Feb. 26, 2013, in Providence, R.I.
Bank of America Corp. (NYSE:BAC), the troubled financial behemoth that teetered just above the abyss during the last few weeks of 2011 and has since made somewhat of a recovery, is expected to swing to profit when it reports quarterly financial results Wednesday morning.
Dean Foods, Sprint Nextel, Yahoo, Barclays, France Telecom, Alcatel Lucent, Infosys and Sony Corp. are among the companies whose shares are moving in pre-market trading Tuesday.
Copper prices have outperformed the overall metals market as traders have closed short selling in expectation of government intervention to boost growth, but the metal may still be slightly overvalued, according to a Monday report by Barclays.
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.