Markets

GOP senator offers 'fiscal cliff' solution
A freshman GOP senator is jumping into the debate on how to avoid a "fiscal cliff" of tax hikes and automatic spending cuts, advocating a mix of tax ...
Some GOP lawmakers now flout anti-tax man Norquist
For decades, conservative lobbyist Grover Norquist vowed to drive Republicans out of office if they didn't pledge to oppose tax increases.
Asia stocks up after deal over Greek debt reached
Asian stock markets rose Tuesday after talks over Greece's financial crisis ended with an agreement on how to reduce its debt load, paving the way for ...
Eurozone, IMF reach deal to reduce Greek debt
The 17 European Union nations that use the euro have struck an agreement with the International Monetary Fund on a program to reduce Greek debt and ...
Despite talk of compromise, fiscal deal elusive
Talk of compromise on a broad budget deal greeted returning lawmakers Monday, but agreement still seemed distant as the White House and congressional ...
Schapiro's SEC successor likely to follow her lead
The leadership of the Securities and Exchange Commission will change next month. Its approach to regulation probably won't. Mary Schapiro will step ...
Intrade boots US customers after federal charges
Intrade, the online prediction market that gained popularity as an informal oddsmaker for the presidential election, shut itself to U.S.
Report: Obama health law a good deal for states
States will receive more than $9 in federal money for every $1 they spend to cover low-income residents under President Barack Obama's health care ...
Oil prices fall as Israel-Hamas truce holds
Oil fell below $88 per barrel on Monday after a slow day of trading. Analysts gave two reasons for the decline. One was that the truce between Israel ...
Stocks end lower after a strong week
Wall Street came back to work after the Thanksgiving weekend and faced leftover worries about the "fiscal cliff" and the European debt crisis.
Court orders new look at health care challenge
The Supreme Court has revived a Christian college's challenge to President Barack Obama's healthcare overhaul, with the acquiescence of the Obama ...
Stocks open lower on new fiscal cliff warning
Stocks are opening lower after a warning from White House economists dampened what had been a huge weekend for retailers. The Dow Jones industrial ...
UK regulator fines UBS in rogue trader case
Britain's financial regulator has fined UBS AG for failures which allowed a rogue trader to lose $2.3 billion in the country's biggest-ever fraud case ...
Asia stocks post slight gains after Black Friday
Asian stock markets posted slight gains Monday after the unofficial start of the holiday shopping season in the U.S. topped expectations, offsetting ...
GOP senator: Fair to put raising revenue on table
A Republican senator said Sunday "it's fair to ask my party to put revenue on the table" as part of the solution to avoid the looming automatic tax ...
ECB official presses for Greek aid deal
A top European Central Bank official says he hopes eurozone countries will clear the way Monday for Greece to receive its next aid installment, ...
A checklist to see whether debt reduction is real
President Barack Obama and leaders of the lame-duck Congress may be just weeks away from shaking hands on a deal to avert the dreaded "fiscal cliff.
Oil prices climb on new Gaza-Israel fears
Oil prices climbed Friday after Israeli troops fired on crowds in Gaza surging toward the border fence, killing one Palestinian. Benchmark crude ended ...
Markets solid as US shoppers hit the mall
Europe's squabbling leaders failed to douse the prevailing optimism in the markets this week, with investors hopeful about the start of the U.S.
Stocks soar on Black Friday; tech leads the way
The stock market enjoyed some Black Friday cheer, rising sharply as shoppers braved the annual post-Thanksgiving rush. Major stock indexes closed one ...
EU summit ends without budget deal
A summit of the European Union's 27 national leaders, charged with agreeing on a long-term budget for the bloc, broke up Friday afternoon without ...
US stocks open higher on Black Friday retail rush
U.S. stocks are opening higher on Black Friday, the unofficial start of the holiday shopping season. In the first few minutes of trading, the Dow ...
US stock futures rise on Black Friday
U.S. stock futures rose on Black Friday, the unofficial start of the holiday shopping season. Retail is a key chunk of the U.S. economy — consumer ...