Finance
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Further escalation of trade tensions could raise worries about the global economic recovery, a top Federal Reserve official said Friday. » Read More
By: Jeff Cox
A sea change in economic conditions has pushed interest rates considerably lower than they were in the past and are likely to stay there for a while, San Francisco Fed President John Williams said Friday. » Read More |
By: Evelyn Cheng
Barclays CEO Jes Staley will likely not pay more than $2 million in total fines to UK regulators for his attempt to discover the identity of a whistleblower, according to people familiar with the situation. » Read More |
By: Fred Imbert
Brazil and Mexico have caught the eye of U.S. executives as investment destinations after a sharp economic turnaround in Latin America. The surge in interest in Brazil and Mexico as deals destinations comes at a tricky time for both countries. » Read More |
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Many cryptocurrency analysts attributed much of bitcoin's decline in the last two months to investors cashing out to pay taxes on last year's massive capital gains.
An analysis by The Associated Press shows the nation's six big Wall Street banks saved at least $3.59 billion in taxes last quarter, thanks to the recently enacted Trump tax law.
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Bank of America Merrill Lynch downgraded Procter & Gamble to neutral from buy, based on the view it will be more difficult than expected for the business to grow.
European leaders can build trust and fight populist threats by touting the economic benefits of closer integration, Italian Finance Minister Pier Carlo Padoan said Thursday.
Wells Fargo shares rise after the bank agrees to pay $1 billion to settle allegations from multiple regulators it engaged in lending abuses.
Amazon's burgeoning cloud computing platform and its central retail business should lead to a "steady and iterative" year for the company, according to Credit Suisse.
1Malaysia Development Berhad is financially healthy, CEO Arul Kanda Kandasamy told CNBC.
Barclays will now be required to report to U.K. financial regulators on certain aspects of their whistleblowing programs.
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JPMorgan is considering spinning off Quorum, its blockchain platform, because the technology has attracted significant outside interest.
The global economy is set for one of its best years since the financial crisis, but recession risks are increasing, said UBS Chairman Axel Weber.
Federal regulators are poised to impose a $1 billion penalty on Wells Fargo for a variety of alleged misdeeds, the New York Times reports.
The union is part of a national wave of activism trying to get the firearms industry to improve gun safety and sales policies.
Goldman Sachs is looking for talent in unusual places because it is trying to pull off a radical makeover, offsetting persistent weakness in its core business of trading by pushing into lending, the Financial Times reports.
J.P. Morgan reportedly had to oust a security chief backed by Palantir after executives found out he was spying on them.
If bitcoin can't recover $8,600 soon, bitcoin "miners" will likely find it unprofitable to keep creating the cryptocurrency, Morgan Stanley analysts said.
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