MARKETS / FINANCE

PwC predicted it would take at least another five years for Europe's banks to get rid of their problem assets.

The Nasdaq composite closed above 5,000 for the third time this year, and only the fifth time ever.

With Layouts, Instagram users can easily create photo collages, mirror pics or photo booth-style shots.

Mutual funds and pensions are increasingly investing in speculative young tech startups, which some call a worrying trend.

A standoff continues between Athens and its eurozone creditors, with a deadline looming within days.

The global market for Islamic financial services is estimated at $2 trillion.

Cleveland Fed President Loretta Mester was speaking at a bankers' conference in Paris on Monday.

Alibaba's newly minted millionaires reportedly won't escape the gaze of the tax inspector.

IMF Managing Director Christine Lagarde says the fund would be “delighted” to work with the Asian Infrastructure Investment Bank.

The data may play roles in determining the timing of the U.S. Federal Reserve’s first interest-rate hike since 2006.

Shares of publicly-traded cybersecurity firms have outperformed the market in recent months, as high-profile data breaches at Sony , JPMorgan Chase and Anthem prompt businesses to spend more to secure their computer networks.

The Nasdaq composite closed above 5,000 for only the second time since the tech bubble in 2000.

Despite a steadying real estate market, many Americans still owe more on their mortgages than their properties are worth.

The technology-heavy stock exchange topped 5,000 for the third this month as investors await speeches from two Fed officials.

Athens has been kept from bankruptcy by two bailouts since the global financial crisis, but now risks running out of money within weeks.

The AIIB could emerge as a rival to the Asian Development Bank (ADB), which is dominated by Japan and the United States.

“Investors woke up today and realized not a lot has really changed from the Fed’s previous stance."

At a D.C. hearing, Daniel Tarullo suggested that Morgan Stanley and Goldman Sachs might face limits on commodities trading.

Members of Congress want the SEC to finalize a rule on the disclosure of executive compensation.

Investors held back Thursday and weighed the central bank’s economic projections, which were lower than previously forecast.

Greece now risks running out of cash within weeks if it does not receive more aid.

The consensus among market pros is split roughly in half, with most favoring a rate hike in June. Some still expect rates to rise in the fall.

The U.S. central bank is one step closer to ending near-zero interest rates in 2015.

A monetary policy statement from the Fed, set for 2 p.m. EDT today, could offer hints of an expected hike in interest rates.

Some NCAA men's basketball programs pull in huge revenue, but a third of the tournament's teams struggle to break even.

The Fed has signaled recently that it could begin returning interest rates to normal levels sometime in the next six months.

Europe's participation reflects the eagerness to partner with China's economy, the world's second largest.

Washington bailed out the two firms in 2008 at the height of the financial crisis.

U.S. stocks managed to recoup some of the session’s earlier losses Tuesday as investors prepare for an announcement from the Federal Reserve.