Brazil is freeing up more than $20 billion in its banking system as its economy struggles to escape "stagflation". The FT reports.» Read More
JPMorgan reported an 8 percent drop in profit amid pullback in trading of bonds and currencies, but topped Wall Street estimates.
A holding company of Portugal's Espirito Santo banking family is preparing to file for creditor protection, sources said.
Markets were treated to a plateful of U.S. economic data on Tuesday. As usual, the offerings were mixed as some were benign and others sour.
If recent speeches from prominent Federal Reserve officials are any indication, the U.S. central bank is feeling pretty emboldened.
Federal Reserve Chair Janet Yellen will have some good news to tell Congress this week about the health of the labor market.
Fed Chair Janet Yellen gave an interview to the New Yorker, and any time such exclusive access is given, the questions go beyond just what was said.
Accounting giant Ernst & Young will pay $4 million to settle civil charges that it violated auditor independence rules, U.S. regulators said.
Wall Street lobbyist SIFMA suggests changes to market structure that could make trading less complex and fragmented.
Janet Yellen's strong support of Keynesian economics will likely determine future Federal Reserve policy, the New Yorker reported.
It wasn't just a debate about inflation—it was must-watch television that captivated the world of Finance Twitter.
A lot of traders are saying that Fed policy will lead to a disastrous outcome for the economy and markets. Here’s why they’re wrong, says Ron Insana.
Private equity firm KKR continues to expand its offerings, this time buying a stake in hedge fund firm BlackGold.
If you believe some of the U.S. Federal Reserve (Fed) governors' forecasts, the answer for the Fed's case is a resounding "yes."
Big mergers are afoot. But is a major shale oil deal a sign of a strong market?
Citigroup reported a stronger-than expected adjusted quarterly profit as its fixed-income business performed ahead of forecasts.
Yellen, facing questions on the economy and rate hike, will be pressured to acknowledge an uptick in inflation and improvement in the labor market.
Citigroup agreed to pay $7 billion to resolve an investigation into mortgage-backed securities they sold in the run-up to the 2008 financial crisis.
Financiers are grumbling that the U.S. is acting like an imperial power in punishing foreign banks for dealings beyond U.S. territory.
Exchange-traded funds have exploded over the past several years and investors literally can't get enough.
Allergan told its stockholders not to respond to Pershing Square Capital Management's proposal to replace a majority of the board.
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Another prominent market bull has joined the growing ranks of Wall Street strategists who think a correction is not far away.
Billionaire money manager John Paulson still thinks buying a home to live in is the best investment possible.
For the first time in recent memory, Main Street borrowing and spending has been a bigger driver of earnings than Wall Street's trading.