Royal Bank of Scotland faces a $13 billion bill to resolve claims it misled purchasers of mortgage-backed securities, the FT reports.» Read More
Consumers seem to have held back on spending in the third quarter from second quarter levels, but they could snap back in the fourth quarter.
The dollar extended recent gains to a 3-1/2-week high, boosted by strong third-quarter growth and a newly hawkish tone from the Federal Reserve.
There is almost no way the Bank of Japan can hit the inflation target Kuroda set when he unleashed unprecedented monetary stimulus in April 2013.
China will open up its market for clearing domestic bank card transactions, in a move that could benefit companies such as Visa and Mastercard.
When will the Fed move to raise rates? A widely followed economist said on "Closing Bell" it should happen in about a year.
Changes in the Fed statement Wednesday sent Wall Street into a tizzy with Fed skeptics slamming Janet Yellen. One pro wasn't having it.
Art Cashin of UBS Financial Services says stocks moved in usual fashion going in to and following the Federal Reserve's 2 p.m. ET statement.
Investors should focus on the Fed's rate destination over when those hikes will occur, Pimco's Scott Mather told CNBC.
Ron Insana disagrees with the Fed's assessment on inflation. Here's why.
This is a comparison of today's FOMC statement with the one issued after the Fed's previous policy-making meeting on September 17.
The Fed ended QE3 on Wednesday, calling time on a program that once bought $85 billion a month in mortgage bonds and Treasurys.
The central bank had been buying Treasurys and mortgage-backed securities as part of a program that swelled its balance sheet past $4.5 trillion.
Oil companies are shying away from commenting on outlook as crude oil falls to multi-year lows; however, analysts are slashing estimates.
The end of Federal Reserve's quantitative easing program and its fight against "too big to fail" banks are on a collision course in the bond market.
In the dilemma between working at one of the biggest bond managers and running a food truck, the bond firm apparently wins out.
As the Fed gets set to stop QE, Wall Street is already speculating it could crank up a new bond-buying program to take its place if the economy sours.
A new poll reveals just how serious Wall Street's dissatisfaction with Obama is ahead of the midterm elections.
Garmin, a maker of GPS-based devices, reported better-than-expected quarterly revenue and profit as demand surged for its fitness products.
Traders are talking market statistics ahead of the FOMC statement, while oil companies and investors appear unconcerned by falling prices.
Panera Bread on Tuesday lowered its full-year earnings forecast as it works to speed up service at its popular bakery cafes.
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Bill Gross thinks conditions are ripe for a crisis, and he points a finger at Pimco to be at the center of the storm.
Puerto Rico isn't turning out to be the golden opportunity hedge funds and other big money investors once thought it was.
Billionaire investor John Paulson is looking to make more money on health care.