Markets / Finance
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.
Assad’s Cyberwarriors Strike Again, This Time At IBTimes
December 17 2014 8:36 PM
The Syrian Electronic Army has hit many media and government sites to support Syrian President Bashar Assad.
Russian Ruble Crisis Spreads To US
December 17 2014 4:48 PM
Even as the Russian ruble appeared to rebound after a sharp decline, the ripple effects of the crisis will be widespread.
Dow Surges 300 Points As Fed Stays 'Patient' On Hiking Rates
December 17 2014 3:25 PM
The Federal Reserve replaced "considerable time" from its monetary policy Wednesday, promising to be "patient" when hiking rates.
All Eyes On Janet Yellen Ahead Of Fed's Press Conference
December 17 2014 12:15 PM
U.S. Federal Reserve prepares Wednesday to debate inflation concerns at a meeting in Washington.
Russian Oil Chief Denies Rosneft's Role In Ruble Collapse
December 17 2014 10:09 AM
Igor Sechin, head of Russia's biggest oil producer, said such speculation is a "provocation."
'It Smells To High Heaven'
December 17 2014 8:13 AM
Gov. Chris Christie's administration paid fees to his wife's investment firm after New Jersey's investment in the firm was terminated.
China's Baidu Confirms Investment In Online Taxi Service Uber
December 17 2014 2:48 AM
Chinese Internet giant Baidu confirmed it is buying a stake in Uber but didn't disclose the stake size or the investment amount.
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.
San Francisco Lawmakers Review Former First Lady's Pension Role
December 16 2014 9:29 PM
City supervisors weren't ready to approve the reappointment of Wendy Paskin-Jordan. The vote moved to January.
Investors See Greek Upheaval Ring-Fenced From Rest Of Euro Zone
December 16 2014 9:08 PM
Greece's future in the euro zone may hang in the balance once more, but investors believe the market fallout from any current political turbulence can be insulated.
Russians Both Shrug And Worry As Ruble Nosedives
December 16 2014 4:42 PM
Most Russians aren't exposed to the economic woes stemming from the ruble's collapse, but some say they are hit hard.
Amid Russian Crisis, Which Country Is Next?
December 16 2014 3:32 PM
Russia's oil-dependent economy faces three key problems: Falling oil prices, trade sanctions and a flight of investment capital.
Russia In A Panic After Currency Tumble
December 16 2014 1:18 PM
Russian stocks dropped Tuesday amid concerns that business leaders would pull deposits from banks and as the cost of imports soared.
Belgium Lifts Ban On Ivory Coast Diamonds
December 16 2014 1:02 PM
Ivory Coast diamond trade was once banned after authorities found that "blood diamonds" were fueling war and conflict.
New York Magazine Apologizes For Fake Student Trader Story
December 16 2014 12:26 PM
The editors fault inadequate fact-checking on the profile of Mohammed Islam, who duped a writer into believing he'd made $72 million.
Kenya Targets NGOs In Fight Against Al-Shabab
December 16 2014 12:19 PM
Fake charity organizations are a major source of revenue for terrorist organizations such as al-Shabab.
US Labor Dispute Forces Japanese McDonald's To Serve Small Fries
December 16 2014 11:24 AM
Customers in Japanese McDonald's restaurants can only buy small-sized fries as the international chain experiences a severe shortage in its U.S. potato exports.
Russia's Central Bank Calls Ruble Collapse 'Critical'
December 16 2014 10:57 AM
Currency traders hammered the ruble to a record low against the dollar, despite central bank action to halt the slide.
Spain-Based Repsol To Buy Talisman Energy For $8.3B
December 16 2014 9:12 AM
Spanish oil and gas company Repsol has agreed to buy Canadian-based oil and gas producer Talisman Energy for $8.3 billion.