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The resignation came as Barclays was preparing to demand American-born Diamond, 60, hand back almost £20 million ($31 million) in bonuses

As the Midwest teeters from the impact of one of the most damaging heat waves in U.S. history, declining yields on crops could hurt the public by raising food and commodity prices to staggering proportions, according to commodities trading data.

Initial public and governmental response garnered unified relief that someone has taken responsibility for the spate of banking scandals and damaged relations between its customers.

Duke Energy, Infosys, Seadrill Ltd, Barclays, Microsoft, Royal Bank of Scotland, Silvercorp Metals and Kraft Foods are among the companies whose shares are moving in pre-market trading Tuesday.

The U.S. labor market has lost a step since spring and the trend of lackluster job growth will likely continue into June.

Following the revelation last week that British banking giant Barclays was engaging in massive fraud meant to distort the Libor, the interest rate underpinning hundreds of trillions of dollars in credit transactions, politicians and regulators the world over are taking a sober look at the system. What they find may prove to be shocking.

Barclays chief executive officer Bob Diamond Tuesday quit his post over the London Inter Bank Offered Rate (LIBOR) fixing scandal, in which the bank was fined £290 million ($450m) by the U.S. and UK regulators last week.

Asian shares inched up on Tuesday as manufacturing data around the world highlighted the drag on growth from the protracted euro zone debt crisis, raising expectations for the Federal Reserve to take further steps to underpin the fragile economy.

The whirlpool created by the European financial crisis is finally dragging American down. That?s the conclusion of some economists, after disappointing manufacturing activity data showed a slight contraction in June.

So just who is Mr Agius, and how did he get to the very top of Britain's banking tree?

Brightpoint, Lincare Holdings, Amylin Pharmaceuticals, Barclays, Nokia Corp, Verizon Communications, Tata Motors and Dollar Tree are among the companies whose shares are moving in pre-market trading Monday.

Barclays Bank chairman Marcus Agius Tuesday confirmed that he had resigned over the Libor (London Inter Bank Offered Rate) inter-bank lending rate-fixing scandal.

Barclays Chairman Marcus Agius is expected to resign on Monday over the Libor interest-rate scandal, the BBC and the Guardian said on Sunday.

The Bank of England (BoE) is cracking down on large financial institutions to prevent them from cheating businesses and consumers worldwide -- a practice that has put a $360 trillion global financial market at serious risk for several years.

The evolving scandal, according to King, illustrated the need to separate the retail from invest banking.

Investors in Barclays PLC (NYSE: BCS) (London: BARC) lost over £4 billion Thursday as the British bank lost one-sixth of its market capitalization a day after international regulators announced the bank would have to pay hundreds of millions as a fine for an audacious price-fixing fraud some of its traders were found to have engaged in.

LiveDeal, Orexigen Therapeutics, Lincare Holdings, Synta Pharmaceuticals, Barclays, JPMorgan Chase and Deutsche Bank are among the companies whose shares are moving in pre-market trading Thursday.

The Federal Reserve is charting a course for more stringent capital reserve requirements for the largest banking institutions in the U.S., in line with new international rules representing the Basel III accord.

Barclays Plc (NYSE: BCS) agreed Wednesday to pay $453 million in fines to settle claims made by U.S. and UK. bank regulators and law enforcement agencies for the bank's alleged involvement in a scheme to manipulate two global benchmark interest rates.

Steve Nash is a free agent for the first time in his brilliant career. Numerous suitors are linked to the former MVP.

Troubled BlackBerry developer Research in Motion (Nasdaq: RIMM), once the king of the smartphone hill with business, is scheduled to report first-quarter results after Thursday?s close.

Asian stock markets mostly advanced Wednesday but gains were capped as investors are opting for caution ahead of the EU summit that begins on Thursday.

European markets rose Wednesday following global cues but investors remained watchful about the debt crisis lingering over the euro zone.

Single-family home prices picked up for the third month consecutive month in April, showing signs that the housing market recovery is gaining traction.

European markets rose Tuesday after sell off in the previous day, but investors remained watchful about the debt crisis lingering over the euro zone.

New single-family home sales grew by 7.6 percent from April to a seasonally adjusted annual rate of 369,000 in May, the Commerce Department said Monday. The increase was much stronger than the 346,000 analysts polled by Reuters had forecast and was the highest since April 2010.

China's annual growth target for 2012 looks increasingly in jeopardy as demand at home falters and Europe's debt crisis worsens, complicating matters for Beijing as the country heads into a once-in-a-decade leadership transition.

Walgreen Co. (NYSE: WAG), the largest U.S. drugstore operator, is facing challenges it has never seen in its 111-year history, and this week it responded to those challenges with a high-stakes strategic move.

Thursday's downgrade contained a veiled threat that pointed at politicians in Germany, the United Kingdom, France and the United States and plainly stated, Stop talking about making the banks responsible for their own follies -- or else.