Citigroup shareholders re-elected directors even as their stock traded for $52.72, which is less than the company thinks it is worth.» Read More
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.
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.
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