Switzerland Will Begin Charging Banks To Park Their Money
December 18 2014 11:23 AM
For first time in decades, Switzerland will charge commercial banks to park money.
French Parliament Passes Deficit-Cutting 2015 Budget
December 18 2014 7:28 AM
The French parliament approved President Francois Hollande’s revised 2015 deficit-cutting budget on Thursday.
Fed Confident On US Growth, Opens Door Wider To Rate Hike
December 18 2014 3:55 AM
The Fed has held benchmark overnight rates near zero since December 2008.
Obama Signs $1.1 Trillion Government Spending Bill
December 17 2014 7:12 AM
President Barack Obama on Tuesday signed a $1.1 trillion spending bill passed by Congress last week.
Asian Business Sentiment Rebounds In Fourth Quarter, India Most Optimistic
December 17 2014 2:37 AM
Business sentiment among Asia's top companies rebounded in the fourth quarter to the second-highest level in almost three years.
Dow Leaps 200 Points Despite Russia’s Currency Slide
December 16 2014 12:03 PM
The Blue Chip Dow rebounded Tuesday after a surprise dividend hike from Boeing cut early losses following Russia's surprise interest rate hike.
UK Inflation Falls Sharply In November To 12-Year Low
December 16 2014 5:15 AM
The fall in inflation has given some respite to British households and average earnings rose by more than prices in September.
China Factory Activity Contracts For First Time In 7 Months, Stimulus Expected
December 16 2014 3:00 AM
The gloomy report reinforces investors' fears that the world's second-largest economy is losing momentum.
Standard Chartered In Deal To Sell HK, Shenzhen Consumer Finance Units
December 16 2014 1:48 AM
The buying consortium includes China Travel Financial Holdings, York Capital Management Global Advisors and Pepper Australia Pty Ltd.
UK Private Equity Firm And Partners To Pay $8.7B For PetSmart
December 15 2014 8:55 AM
PetSmart shares jumped over 4 percent Monday after the company announced it agreed to be acquired by BC Partners for $8.7 billion.
Prepaid Debit Card Use Rising Most Among Millennials, Wealthy Moms
December 12 2014 1:56 PM
Prepaid card use is shifting from the low-income underbanked to upper-income households shopping online.
US Authorities Face New Fallout From Insider Trading Ruling
December 12 2014 2:50 AM
The ruling threatens to challenge a broad insider trading crackdown underway since 2009 under Manhattan U.S. Attorney Preet Bharara.
Lending Club Shares Soar More Than 60% In IPO
December 11 2014 11:57 AM
Wall Street bets big that the company can do for lending what Uber and Airbnb have done in their respective industries.
New York Banking Regulator Probing Barclays, Deutsche Bank's FX Algorithm
December 11 2014 5:25 AM
The regulator is investigating if Deutsche Bank and Barclays used algorithms on their trading platforms to manipulate foreign exchange rates.
India Agrees To Cut Stakes In State-Run Banks; Could Raise $26B
December 10 2014 11:39 PM
The state-run lenders are estimated to need as much as $60 billion in capital over the next four years.
Lending Club Set To Be This Year's Biggest US Tech IPO
December 10 2014 4:30 PM
Think Airbnb, except for ordinary people who need to borrow some money or people with some extra money to lend.
After OPEC Cuts Outlook, Dow Drops More Than 150 Points
December 10 2014 11:14 AM
The Dow tumbled after OPEC slashed its forecast for 2015 production by 300,000 barrels per day to 28.9 million barrels.
Here's How CIA Torture Programs Spent Taxpayer Dollars
December 09 2014 3:00 PM
CIA offices were told to “think big” when asking headquarters for money.
Dow Flirts With 18,000 Milestone
December 08 2014 11:14 AM
Wall Street is eyeing this week’s retail sales and inflation data from last month for clues about the U.S. economy's health.
Dow Soars More Than 100 Points To Record High
December 02 2014 5:02 PM
Big auto sales numbers last month -- the best in more than a decade -- helped the blue chip stock index set two records.