After a judge ruled that the city can proceed with its historic bankruptcy, the stage is set for an epic legal battle over who helps pick up the tab.» Read More
Credit Suisse said it would restructure its interest rate trading activities following a third-quarter slide in revenue at its investment bank.
At least nine banks face investigations by the U.S. Department of Justice into their sales of mortgage-backed securities. The FT reports.
September's tepid jobs growth signals a squishy enough employment picture to push any wind down of Fed easing into next year.
Raoul Weil, a Swiss citizen and former executive at UBS, has been arrested in Italy and is wanted in the US for allegedly helping with tax dodges.
The threat of job losses and the pressures created by restructuring the financial sector have led to a decline in the health and wellbeing of the industry's workers, according to a global survey.
What would a failure to raise the Treasury Department's $16.7 trillion borrowing limit mean for gold prices?
Plains GP Holdings priced its IPO at $22 a share. Despite pricing on the low end of the expected range, it's the largest US IPO of 2013.
Benchmark oil prices are likely to flat-line this week until investors get more details and certainty on a deal to raise the U.S. debt ceiling.
Britain is on track to sell shares in Royal Mail at the top of its range, two sources close to the deal said.
Yields on one-month Treasury bills head higher, a sign that investors are nervous about the U.S. government defaulting on its debt obligations.
Benchmark oil prices may draw just temporary support from production shutdowns in the Gulf of Mexico as the U.S. government shutdown drags on.
Samsung Electronics on Friday estimated its July-September operating profit rose 25 percent to a record 10.1 trillion won ($9.40 billion).
One of the more entertaining sideshows of the recent criminal and civil cases against banks and bankers has been the raft of incriminating messages.
David Meister is planning to step down as head of CFTC enforcement, even as big battles against financial titans have yet to play out.
As Congress squabbles, Wall Street will be eyeing a few reports on the consumer Thursday to see if economic jitters are justified.
Check out which companies are making headlines after the bell Monday:
Speculation that the Fed may start reducing asset purchases in October is not denting optimism amongst precious metal bulls.
The market for initial public offerings is "starting to catch fire again," against the back-drop of the planned Twitter IPO, Art Cashin said.
The man behind Beanie Babies will plead guilty to tax evasion and pay $53 million in fines, according to a report in Crain's Chicago Business.
Big spending cuts by the Pentagon may not be enough to meet the reductions mandated by the sequestration.