Asian Shares Skid As Bullish Fed Take Investors By Surprise
January 29 2015 2:07 AM
Four voting members from regional Feds at the policy committee this year are considered less hawkish than last year's rotating members.
Dow Tumbles After Fed Statement, Oil Price Plunges
January 28 2015 3:53 PM
Despite the central bank remaining "patient" on hiking rates, the Dow dropped after oil prices plunged.
Fed Seen Remaining Patient With Rate Guidance Amid Global Turmoil
January 28 2015 6:08 AM
Collapse in global oil prices is helping to push the Fed further from achieving a key policy goal of raising annual inflation to two percent.
Canary Wharf Owner Succumbs To Qatari-Led Bid
January 28 2015 4:52 AM
With no rival offer forthcoming Songbird recommended its minority shareholders should now accept the deal.
India's PM Will Monitor US Investments Into India
January 26 2015 10:40 AM
Even as he promises to make doing business in India easier, Prime Minister Narendra Modi says he'll monitor all major investment proposals.
Dow And Broader S&P 500 Down
January 23 2015 11:16 AM
With earnings season well underway, profits at S&P 500 companies are up a slight 0.8 percent.
Blackstone CEO Says More Money Won't Improve Public Education
January 23 2015 10:45 AM
The U.S. private equity investor also called for unpaid labor at public schools.
Euro Zone Starts 2015 Better Than Thought As Firms Slash Prices: Surveys
January 23 2015 5:32 AM
Markit's Eurozone Composite Flash Purchasing Managers' Index bounced to a five-month high of 52.2 from December's 51.4.
ECB's Stimulus Boost Lifts Asia, Euro Wallows Near 11-Year Low
January 23 2015 12:25 AM
Lifted by the global surge in equities, MSCI's broadest index of Asia-Pacific shares outside Japan rose to an eight-week high.
Soros Warns Public Pensions Against Investing In Hedge Funds
January 22 2015 5:20 PM
The billionaire investor joins Warren Buffett in telling public officials to be wary of high-risk investments with public money.
US Markets Welcome European Stimulus
January 22 2015 11:52 AM
U.S. markets are in the green after Europe’s central bank move. The euro dives to a low unseen since 2003.
'Everyone I Know Wants It, Tax Reform'
January 22 2015 8:24 AM
As the White House begins to address economic inequality, Wall Street leaders appear to be warming to President Obama.
ECB To Decide On Bond-Buying Plan To Revive Euro Zone
January 22 2015 6:26 AM
Market expectations are sky-high for the European Central Bank to unveil large-scale quantitative easing.
Bank Of Canada Delivers Shock Rate Cut As ECB Gears Up For QE
January 22 2015 5:26 AM
The surprise move follows Denmark's rate cut and the Swiss National Bank's decision to drop its cap on the Swiss currency against the euro.
Jibo Raises $24.3M To Build 'Family Robots'
January 21 2015 8:24 AM
The startup pre-sold 4,800 robots during the Indiegogo campaign.
Bank Of England Dissenters Drop Call For Higher Rates
January 21 2015 5:24 AM
British inflation last month unexpectedly tumbled to 0.5 percent, its lowest in more than 14 years and far below the BoE's 2 percent target.
Central Bankers Lurch From 'Whatever It Takes' To 'Whatever Next'
January 21 2015 2:37 AM
Financial markets are already starting to pay the price of central bank wavering and lack of cooperation with higher volatility.
BOJ Cuts Inflation Forecast, Expands Loan Program Instead Of Stimulus
January 21 2015 2:03 AM
As widely expected, the Bank of Japan held off on expanding its massive stimulus program.
Can The 1% Tackle Inequality?
January 20 2015 4:49 PM
Many of the world's wealthiest have convened in a luxurious resort to discuss income inequality -- and to reject higher taxes for the rich.
More Stimulus Won't Help World Economy: Former Bank Of England Governor
January 19 2015 11:58 PM
Mervyn King said he was concerned about a persistent weakness in global economic demand, six years on from the depths of the financial crisis.