CalPERS' move to divest itself of $4 billion in hedge fund holdings is galvanizing a debate among many other pension managers.» Read More
Shares in one of Portugal's main banks, Banco Espirito Santo, were suspended from trading after dropping another 17 percent, Dow Jones reported.
Is the housing remodeling boom over? A status update from Lumber Liquidator is acting as a possible canary in the coal mine.
Family Dollar's earnings fell by a third as the company resorted to discounts to clear inventory and competition intensified.
A surge of Republican pressure is bringing the Fed's long-held independence into question again.
JPMorgan has picked David Li, formerly of UBS, to head its China business, which has been rocked by a probe into its hiring practices in the region.
U.S. is using a new tactic for money laundering crack downs: asking suspects in a range of cases to help them follow the money back to their bankers.
BNP pleaded guilty to conspiring to violate U.S. sanctions, as part of a nearly $9 billion settlement in which it admitted to breaking embargoes.
The Container Store tanks after disappointing earnings. Other retail reports shouldn't be that bad.
The Federal Reserve at its June meeting voted to reduce its monthly bond buying program another $10 billion to $35 billion.
Investors in US-based mutual funds pulled $7.8 billion out of stock funds on fears of an early rate hike from the Fed.
Though inflation pressures remain fairly muted for now, Pimco believes it's time for investors to prepare for what's ahead.
But the former chairman of Obama's Council of Economic Advisers insists the central bank is not yet behind the curve on interest rates based on recent economic and jobs data.
President of the Minneapolis Fed does not expect the "rapid" drop in US unemployment to be sustained in coming months.
It's been a tough week for small caps stocks, but both that sector and financials should be watched closely.
Citigroup is may pay about $7 billion to fix a probe into whether it defrauded investors on billions of dollars worth of mortgage securities.
Nearly every major asset market on earth is currently expensive by historical standards. But what happens now? The New York Times reports.
Leaders of the BRICS nations will launch their long-awaited development bank at a summit next week.
China's quest to turn its yuan into a global currency has halted as the planned worldwide payments superhighway looks certain to get delayed.
The brother of an imprisoned ex-billionaire hedge fund founder has been acquitted of conspiracy.
Marc Faber has long called for a correction. Now Dr. Doom is calling for a bear market.
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