The Dow skyrocketed 400 points Thursday, and the S&P 500 jumped more than 2 percent, in their biggest one-day gains this year.
Supporters insist that government-regulated pot will drive customers to legal retailers and away from the black markets.
For the first time in decades, Switzerland will charge commercial banks to park money.
The Dow soared Thursday after global; crude oil prices bounced back from five-year lows earlier this week.
Putin advocated for diversity in revenue sources while reducing dependency on oil to strengthen Russia's economy.
The French parliament approved President Francois Hollande’s revised 2015 deficit-cutting budget on Thursday.
The Fed has held benchmark overnight rates near zero since December 2008.
Even as the Russian ruble appeared to rebound after a sharp decline, the ripple effects of the crisis will be widespread.
The lifting of U.S. restrictions on Cuba Wednesday will help tourism but won't unleash a surge of imports and exports between the nations.
The Federal Reserve replaced "considerable time" from its monetary policy Wednesday, promising to be "patient" when hiking rates.
While Africa will likely be immune to Russia's economic problems, wider global trends could hurt them both.
Russia is the world’s seventh largest economy, and that means almost every major multinational has been touched in some way by the country’s crisis.
Residents of cities like Moscow and St. Petersburg are ditching their beleaguered currency for Western goods as fast as they can.
U.S. Federal Reserve prepares Wednesday to debate inflation concerns at a meeting in Washington.
Gov. Chris Christie's administration paid fees to his wife's investment firm after New Jersey's investment in the firm was terminated.
As the ruble is significantly undervalued, Russia has started selling its currency reserves to resolve the crisis.
Russia has so far spent about $80 billion -- a fifth of its international reserves -- in an unsuccessful move to stabilize the ruble.
Business sentiment among Asia's top companies rebounded in the fourth quarter to the second-highest level in almost three years.
City supervisors weren't ready to approve the reappointment of Wendy Paskin-Jordan. The vote moved to January.
Most Russians aren't exposed to the economic woes stemming from the ruble's collapse, but some say they are hit hard.
Russia's oil-dependent economy faces three key problems: Falling oil prices, trade sanctions and a flight of investment capital.
The most dramatic example is the Russian ruble, which hit a record low Tuesday, in part because of rising pressure on the oil-dependent economy.
Google and Facebook still dominate digital advertising, but Alibaba and Baidu are gaining significant market share.
The Blue Chip Dow rebounded Tuesday after a surprise dividend hike from Boeing cut early losses following Russia's surprise interest rate hike.
Annual spending on motor fuel next year is on track to drop to its lowest level in 11 years, the federal statistics agency said.
Currency traders hammered the ruble to a record low against the dollar, despite central bank action to halt the slide.
Spanish oil and gas company Repsol has agreed to buy Canadian-based oil and gas producer Talisman Energy for $8.3 billion.
As oil prices go down, tensions are on the rise in Nigeria.
A New Delhi court says Manmohan Singh's statement is crucial to the case as some of his officers may not have been investigated properly.
The fall in inflation has given some respite to British households and average earnings rose by more than prices in September.