Japanese leaders indicated the nation would not become a founding member of the AIIB but remain loyal to the U.S., which has urged allies not to join, NYT reports.» Read More
The Fed wants to raise interest rates, but this is Janet Yellen's big challenge, Pimco's Paul McCulley said.
Hertz announced it reached an agreement-in-principle with activist investor Carl Icahn to install three new directors.
Investors want more of activist hedge fund manager Dan Loeb, and they're putting up lots of cash to prove it.
He has two directives: To grow the business and harness technologies from GE's other businesses to better serve his customers.
The hedge fund community appears to be salivating over Alibaba, with interest from Leon Cooperman, Dan Loeb and other major players.
LPL Financial says revenues, capital reinvestment and manufacturing renaissance will propel the market higher. USA Today reports.
The theory is that Alibaba is such a gigantic offering that it is reducing interest in other IPOs anywhere on or near the horizon.
One of the world’s best-known billionaires got involved in the Scottish independence debate, as the small state shifts to the top of the agenda.
The technology behind digital currency bitcoin could have far-reaching implications and the potential to reshape the financial industry, according to the Bank of England.
Technology is drastically narrowing the global labor market, the World Bank's chief economist told CNBC at the World Economic Forum in Tianjin.
Twitter said it plans to raise $1.3 billion by issuing convertible senior notes, its first debt offering since its market debut in November.
The UN food price index has dipped to a four-year low as good weather has resulted in an oversupply of cereals and dairy imports have slowed.
Some of the names on the move ahead of the open.
A federal insider trading investigation is broadening to include several hedge funds in light of new evidence, the WSJ reported.
Investors and insiders have welcomed the appointment of banking and insurance veteran John McFarlane as the lender's new chairman.
Energy stocks are down as Brent Crude oil falls to a 17-month low amid lower demand and plentiful supply.
Alibaba's IPO is getting strong demand, raising questions whether the e-commerce giant will increase the price and size of its offering.
One of Wall Street's biggest bulls has just upped the ante for 2015.
If Sens. Elizabeth Warren and Richard Shelby get their way, executives—and not just the banks they run—will face someday punishment for bad behavior.
Apple's new mobile payment system is to set to take the U.S. e-commerce sector by storm but its launch in Asia remains far off, analysts said.
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