The US dollar has fallen precipitously in 2011. The Dollar Index – which tracks the dollar’s value against a basket of currencies that includes the euro, yen, pound, Canadian dollar, Swedish krona, and Swiss franc – has fallen to 75.07.
The unidentified co-conspirator who funneled tips and cash between a lawyer and trader accused of running a 17-year scheme to trade on corporate merger secrets was a former colleague of both defendants, the New York Times reported.
The last-minute budget deal President Barack Obama and congressional leaders struck to avert a government shutdown paves the way for what Republicans promised on Saturday will be more spending fights to come.
Saudi billionaire Prince Alwaleed bin Talal said on Saturday he supports Citigroup's reverse stock split and reinstatement of its cash dividend.
In the wake of the attacks by the hacker collective Anonymous on Sony and on Livejournal, more attention has been focused on just what such attacks mean and how to defend against them.
President Barack Obama and congressional leaders struck a last-minute budget deal on Friday to narrowly avert a government shutdown that would have hit the economy and idled hundreds of thousands of workers.
President Barack Obama and congressional leaders reached a last-minute budget deal on Friday, averting a government shutdown.
President Barack Obama and congressional leaders reached a last-minute budget deal on Friday, averting a government shutdown that would have idled hundreds of thousands of federal workers.
U.S. market regulators on Friday sued the former chief financial officer of a multibillion-dollar hedge fund founded by Daniel Zwirn, accusing him of improperly transferring $870 million between the fund's accounts.
A New York state judge left intact most of a lawsuit brought by U.S. billionaire Len Blavatnik accusing JPMorgan Chase of mismanaging an investment account.
President Barack Obama and House Speaker John Boehner spoke for several minutes without reaching a resolution early Friday evening, a Republican aide said extending a day of delay on averting a federal shutdown by midnight.
The Office of the U.S. Trustee objected to a proposal by Borders Group Inc to pay over $8 million in bonuses to high-level employees this early in its bankruptcy proceeding.
Investors looking for loan growth and surging revenues at the biggest U.S. banks, including Citigroup Inc are likely to be disappointed by first-quarter earnings.
U.S. BUDGET CRISISDemocrats and Republicans will have to deal with the fallout from the past week's bitter partisan budget brinkmanship, regardless of whether it drives the federal government to shut down. We will assess who lost most from the crisis, with a Reuters/IPSOS poll on Tuesday. We will also feature an in-depth look at the performance of Republican House Speaker John Boehner, who had to...
Wall Street stocks fell on Friday as a spike in oil prices hit shares of airlines and other transportation companies and investors took a cautious stance before the weekend.
The end of super-cheap money from the Federal Reserve is trumping corporate earnings results as a key risk to hedge for stock investors.
Garbage will pile up in the streets of the capital, the Statue of Liberty will close and astronauts will stay home if the Congress fails to reach a budget deal and the government shuts down.
The official who carried out the last government shutdown has a warning for squabbling lawmakers -- another one now could be disastrous for the economy.
Thursday night's American Idol elimination came as a big surprise to the audience.
U.S. securities regulators are conducting a broad review of share issuance rules for private companies, including the 500-shareholder threshold meant to mark the transition to public ownership.
Johnson & Johnson on Friday agreed to pay $70 million to settle U.S. charges that it paid bribes and kickbacks to win business overseas, the first big drug company to settle since the Obama administration began its scrutiny of the industry more than a year ago.
General Motors Co is recalling about 2,100 Chevrolet Cruze small cars to inspect for an improperly fastened steering wheel after discovering one vehicle with the defect.