U.S. stocks plunged nearly 2 percent or more, with the Dow wiping out gains for the year on escalating tensions between Greece and its creditors.» Read More
India is talking to JPMorgan about joining its benchmark index for emerging market debt, a move that could draw billions in foreign investment.
U.S. stock index futures signaled a flat-to-lower open on Friday, even though lawmakers are seen moving closer to resolving the deadlock in Washington.
Wells Fargo reported third quarter earnings that hit a record, the bank said on Friday, surpassing Wall Street's estimates.
Negotiations between GOP leaders and President Obama could lead to a breakthrough to temporarily raise the debt ceiling, Rep. Kevin Brady told CNBC.
JPMorgan Chase announced Thursday that it has gotten out of soon-to-mature U.S. Treasurys ahead of a possible default by the government.
Check out which companies are making headlines after the bell Thursday:
Stocks are rallying because the debt limit is crucial. It's the debt limit where the default risk lies.
The apparel retailer rejected an offer from smaller rival Jos. A. Bank as "inadequate," saying it could do better on its own.
U.S. investigations into JPMorgan show "a bit of an aggressiveness," said the former JPMorgan man and White House chief of staff to President Obama.
“I would rather buy the dip in the offensive names,” Rosecliff's Mike Murphy says.
André Monteiro has left the largest Latin American alternative investment firm for its largest financial exchange.
Experts, who a few days ago dismissed a debt default as a near-impossibility, are now coming to grips with a scenario that no longer seems far-fetched.
Jes Staley doesn't believe Wall Street is being too complacent to the possibility of a default.
The government shutdown sent the Vix up 13% Monday and traders are bracing for more volatility.
Instead of making bank holdings more attractive, higher rates could spur withdrawals as customers find alternatives that are more generous.
Stocks finished broadly lower Monday, with the Dow hitting a one-month low, as the government shutdown dragged for a second week and as investors grew worried that lawmakers may not be able to increase the debt ceiling, potentially leading to a default.
The U.S. economy was one of the first economies to escape the last recession, but economists are already trying to work out when the next will hit.
Earnings season officially starts in the coming week, but the markets will mostly be hostage to the dickering in Washington.
Stocks finished higher Friday, recovering from the previous day's sharp losses and the Dow reclaiming its footing above 15000 mark, despite Washington's ongoing budget stalemate.
Lockheed Martin said about 3,000 employees would be furloughed from Monday due to the U.S. shutdown.