AIG will pay a $35 million penalty for violations related to former subsidiaries that solicited insurance business in New York without a license.» Read More
U.S. cleaning products maker Clorox reported better-than-expected quarterly sales and adjusted profit, helped by strong demand for household products.
AbbVie reported strong earnings on demand for its Humira drug and said it could deliver strong long-term growth without another big merger bid.
What waits on the other side—asset bubbles, inflation, the prospects for still greater wealth disparity—remains, of course, an issue for another day.
Major investment banks are buffering their foreign exchange settlement funds.
Japan's Government Pension Investment Fund announced it will put half its assets in stocks and cut its holdings of government bonds, boosting global markets.
Some of the names on the move ahead of the open.
Despite last-minute pressure from religious authorities, Saudi Arabia's first non-Sharia bank to go public will be oversubscribed
Declining oil prices are pushing some of the small-cap companies which flourished as part of the U.S. shale energy boom close to their breaking point.
U.S. stocks ended higher Thursday with the help of Visa's earnings and positive economic data, and one market pro thinks the good times will continue.
A top Fed policymaker said central banks have had success with inflation-targeting but should consider other methods that may work better.
Quarterly results mark a return to net profit for the bank after it was fined $8.9 billion fine for sanctions-busting.
China's shadow banking sector continued to grow at breakneck speed in 2013 and now ranks as the third largest in the world, a report showed.
The NYSE's Securities Information Processor (SIP), which consolidates quote and trade data for NYSE-listed stocks, went down Thursday.
The company revised downward its third-quarter net income to $2.8 billion from $3.4 billion.
A senior Jefferies banker, Sage Kelly, is on leave after intense publicity around salacious allegations made by his wife in divorce proceedings.
What does the replacement of hawkish Federal Reserve bank presidents Charles Plosser and Richard Fisher mean for U.S. policy?
Stocks are up despite weak market internals. Much of the Dow's gain is due to Visa and utilities are leading the S&P 500.
Janet Yellen was speaking at a conference on diversity in the economics profession organized by the Fed and the American Economic Association.
Former Federal Reserve Chairman Alan Greenspan said under current economic conditions, this asset is a good place to put money reports The Fiscal Times.
The Fed's monetary policy move signals a shift in strategy for investors, Allianz Chief Economic Adviser Mohamed El-Erian says.
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The former Fed chairman said the central bank is sitting on "a pile of tinder," and made several other colorful observations.
What waits on the other side—asset bubbles, inflation, still greater wealth disparity—remains, of course, an issue for another day.
A new poll reveals just how serious Wall Street's dissatisfaction with Obama is ahead of the midterm elections.