Goldman slashed its three-month forecasts for Brent to $42 a barrel from $80.
Alcoa posted strong kick off to earnings season Monday, but corporate results are broadly expected to show challenges of cheap oil.
JPMorgan Chase is first of six major U.S. banks scheduled to post quarterly earnings results this week.
Economists are preparing to sort through a slew of data points that will reveal the overall health of the U.S. economy.
The bank's analysts said the lower prices could force U.S. shale producers to scale back their output in the second half of 2015.
Russia's ruble has been the world's worst-performing currency since Russia annexed Crimea in March.
President Barack Obama will be the chief guest at India’s Republic Day ceremony on Jan. 26.
The U.S. Securities and Exchange Commission is in the early stages of drafting new rules for transfer agents.
Pay data is politically and economically sensitive as Britain heads towards a general election in May.
Over the weekend, European Central Bank members debated "quantitative easing" in the EU.
Japanese Prime Minister Shinzo Abe's draft budget for the coming fiscal year reportedly totals 96.3 trillion yen ($813 billion).
The 20 states eying deal are similar in number to those looking at Comcast Corp.’s plan to buy Time Warner Cable Inc.
Dow drops after U.S. jobs report shows higher employment, lower wages. U.S. and Brent crude both drop below $50 a barrel.
U.S. jobless rate falls from 5.8 percent to 5.6 percent. Hourly wages decline by 5 cents an hour. Long-term unemployed unchanged.
Some analysts say this is less of an authentic investment and more of an "extend-and-pretend" debt restructuring.
More weak data from Europe ensured shares worldwide were set to end their first full week of 2015 in the red on Friday.
European banks paid huge bonuses to employees ahead of new rules that will cap rewards to curb excessive risk-taking.
If the company has indeed defaulted, it would be the first time a Chinese home builder has failed to meet its foreign debt obligations.
Most economists expect Germany to post only modest growth in the fourth quarter, rounding off a disappointing year.
China's annual consumer inflation hovered at a near five-year low of 1.5 percent in December, signaling persistent weakness in the economy.
Christian militia in Central African Republic have carried out ethnic cleansing of the Muslim population during the ongoing civil war, but there's no proof of genocidal intent, a UN commission of inquiry determined.
"Back to the Future" fans have been hoping for Marty McFly’s power lace shoes for decades. This year they may get them.
U.S. jobless claims and layoffs are down, oil prices are up (slightly), and European markets jumped on Thursday.
The dollar hit a new nine-year high and stocks worldwide headed for their first back-to-back rise of the year on Thursday.
The bank said it is "on track" to cut costs by at least $400 million in 2015 after it cut 2,000 jobs over the last three months.
Even as India continues to woo its wealthy expats to attract investments, the latter may not oblige.
The trade deficit shrank in November to less than $40 billion, providing a boost to growth as Americans spent less on imported oil.
Even with gas at $2.50 and Americans buying bigger cars, the decline in driving will continue -- especially for millennials.
Economists' positive outlook Wednesday counters growing concerns of bond investors, who fear turmoil in overseas markets could reach U.S. shores.
It could take years for world leaders to recover from a mass deflation.