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The rate of US credit card payments at least 90 days overdue fell to its lowest level in at least seven years, according to TransUnion.
Jefferies is backing a former senior SAC executive despite its own struggle with insider trading at an internal hedge fund.
Investors are trying to get the S&P 500 Index through 2000 again, but I'm not sure there is a catalyst to keep it there given the mixed data.
Municipal bonds will no longer be part of the easily sellable assets that banks can use to show they are able to survive a credit crunch.
Portugal's Espirito Santo family issued 5 billion euros of new debt in the first six months of 2014, just as the clan’s businesses were nearing bankruptcy.
Shares of Tim Hortons surged on news that Burger King may buy it. The Canadian company's stock may yet have room to run.
Bankers, traders and fund managers are practicing yoga in order to build their mental faculties and improve their ability to focus.
The 6.0-magnitude earthquake that struck California on Sunday could cause more $1 billion in losses and the majority of residents will be on their own.
Artificially low interest rates are luring investors into taking risks they wouldn't otherwise, said Martin Feldstein, former Reagan adviser.
European markets cheered dovish words by Mario Draghi at the start of the week, after the president of the European Central Bank delivered a wide-ranging speech.
The question coming out of the Jackson Hole Fed conference: Is it sustainable for the Europe and U.S. economies to be on different policy paths?
The Fed's monetary policy is headed in the right direction, but the U.S. needs to enact structural policies to in order to stimulate stronger GDP.
Hedge funds that bet on corporate shake-ups have long been industry darlings, and clients remain bullish despite July losses.
Goldman said it would repurchase the securities sold to Fannie Mae and Freddie Mac over the 2005-2007 period.
Raj Mahal left Wall Street for stand-up comedy. He doesn't miss being on BlackBerry 24/7 but here are 7 things he really misses about Wall Street.
Fed Chair Janet Yellen managed to appease doves but gave slight encouragement to hawks in her much anticipated Jackson Hole speech.
The Fed should wait several more months to make sure the economy is on track, said Atlanta Federal Reserve Bank President Dennis Lockhart.
Yellen's speech is being closely watched amid the intensifying debate over how soon the Fed should raise interest rates.
Bullard also tells CNBC he's sticking with his prediction that the Fed should start hiking interest rates late in the first quarter of 2015.
Britain's Co-Operative Bank said it expected to make further job cuts having already reduced its staff numbers by 21 percent.
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2015 is shaping up as the year the U.S. consumer will have to shine the light for the rest of the world—or else.
The scandal-plagued head of health-care investment banking has resigned to focus on family.
The rapid fall of the ruble and stocks means even more pain for investment managers who have been trying to play Russia.