MARKETS / FINANCE

U.S. averages jumped more than 1 percent after initially fluctuating following the central bank's statement. 

The Fed has held rates at historic lows since 2008 in the midst of the Great Recession to help the economy emerge from a near collapse.

The Fed's decision not to raise interest rates saved emerging markets from what the World Bank's chief economist called "panic and turmoil."

The U.S. companies are among those at the center of a deepening investigation into alleged sweetheart deals in Europe.

Global shares traded mixed ahead of the U.S. central bank’s announcement, which could mark the first increase in interest rates in nearly a decade.

“They don’t have a lot of experience in this market stuff,” Lloyd Blankfein said.

The deal means General Motors will be charged criminally with hiding the defect from regulators and in the process defrauding consumers.

A rate move this week depends on whether central bankers agree the economy has reached, or is on course to hit, the Fed’s major objectives.

Zhang Yujun is being investigated as China's government attempts to crack down on insider trading and rein in volatility in its stock markets.

Consumer prices posted their first decline in seven months, complicating the Federal Reserve's decision on interest rates.

The Shanghai Composite index rallied the most in three weeks, as world markets await the outcome of the two-day meeting of the U.S. Federal Reserve.

Investors across the globe braced for the possibility of the first interest rate hike in the United States in almost a decade.

The Federal Reserve’s highly anticipated two-day meeting kicks off Wednesday.

Investors eyed a series of data points Tuesday, searching for further clues as to whether the Federal Reserve will announce a rate increase this week.

The Federal Reserve is contemplating raising interest rates for the first time in seven years. Analysts say banks could do quite well.

Syngene, a contract research unit of Biocon, went public in Mumbai recently, raising about $83 million from the public offer.

The U.S. Federal Reserve’s decision this week on whether to lift rates, for the first time in nearly a decade, won’t be easy.

The Shanghai Composite Index reported its biggest two-day loss in three weeks while other Asian markets traded lower.

The accord with General Motors was scheduled to expire at midnight.

Japan's Nikkei stock index rose only slightly as investors awaited the outcome of the Bank of Japan's two-day policy meeting.

Germany's oldest automaker is considering setting up large fleets of autonomous cars to cater to a new customer base that is less attracted to vehicle ownership.

The German bank's share price has suffered under stalled reforms and rising costs on top of fines and settlements that have hurt it in global valuation rankings.

Uncertainty about a possible interest rate hike by the U.S. central bank this week is weighing on global stocks and sent Asian shares sharply lower Monday.

China's industrial output grew slower than some predictions in August, while fixed asset investment slowed -- though retail sales picked up.

U.S. stock futures rose 0.4 percent from late U.S. levels in early Asian trading Monday.

Prospects for growth in emerging-market economies have rattled the confidence of investors, the Bank for International Settlements said in a report released Sunday.

The U.S. Federal Reserve takes center stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.

A report published Friday appeared to surprise elected officials, unions and industry leaders in Washington state, where Boeing now builds all 737s.

"The improvement in the economy means that it is almost impossible to justify interest rates still being at near-zero," one economist said.