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Investors look for answers on economy from Fed
Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep ...
Gov't report: Smooth launch unsure for health law
There's no guarantee that President Barack Obama's health care law will launch smoothly and on time, congressional investigators say in the first ...
Icahn changes tack, seeks $16B Dell stock buyback
Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell's effort ...
Waiting for word from Bernanke, stocks move higher
It's all about the Fed. Still. U.S. stocks moved higher Tuesday, helped by news of a pickup in home building and low inflation. But the Federal ...
Zimbabwe 'Cattle Bank' takes deposits that moo
William Mukurazita's deposit at the bank has four legs and moos. Zimbabwe's first "Cattle Bank" has just opened its books in a unique kind of banking ...
Investors guess Fed's actions, push stocks higher
Investors on Wall Street are playing a guessing game with the Federal Reserve. On Monday, they guessed that the central bank will continue trying to ...
World looks to Bernanke to clarify stimulus plans
Is the era of ultra-low interest rates nearing an end? When he takes questions this week after a Federal Reserve meeting, Chairman Ben Bernanke will ...
Starboard says Smithfield sale undervalues company
One of Smithfield Foods Inc.'s largest shareholders says a $4.72 billion takeover bid from China's largest meat producer falls short of what the ...
Oil rises past $98 on Syria, ahead of Fed meeting
The price of oil climbed to above $98 a barrel Monday amid concerns over an escalation in the civil war in Syria and as traders awaited a critical ...
G8 faces uncertain recoveries, turbulent markets
Europe is mired in debt and recession. Financial markets have hit violent ups and downs on fears that U.S. stimulus efforts may soon be scaled back.
IMF: US economy improving but spending cuts a drag
The U.S. economy is on sounder footing than it was a year ago but is still being restrained by government spending cuts and tax increases, the ...
Euro fund chief: do without IMF in long term
The head of Europe's bailout fund says the region should eventually aim to do without help from the International Monetary Fund. Klaus Regling's ...
Coverage may be unaffordable for low-wage workers
It's called the Affordable Care Act, but President Barack Obama's health care law may turn out to be unaffordable for many low-wage workers, including ...
Vatican credit stop emblematic of finance woes
The Vatican put a new coin on sale last week to commemorate its historic papal transition. Too bad overseas collectors won't be able to buy it for ...
Asian stocks slide led by Tokyo on worries
Asian stock markets endured sharp losses Thursday as gyrations on the Tokyo market, the region's biggest, continued — fueled by worries about a ...
Stocks slide on Wall Street; Dow below 15,000
The stock market ended lower Wednesday as traders looked ahead to a critical Federal Reserve meeting next week. Without any major economic news, ...
ECB official defends crisis measures in court
A top European Central Bank official rejected accusations that the bank had exceeded its powers while fighting the financial crisis, telling Germany's ...
Agency: Opting for overdrafts means higher fees
A U.S. agency says consumers who opt for overdraft coverage on their checking accounts pay higher fees and are more likely to have their accounts ...
US stocks end a choppy day with a loss
Renewed concerns that central banks will ease off their support for the global economy hit the U.S. stock market Tuesday. Indexes began sliding from ...
Oil joins in stock, commodities sell-off
Oil prices dropped Tuesday along with stocks and other commodities on concerns that central banks around the globe may back off on measures to boost ...
Turkish economy depends on political stability
The escalation in the clashes between Turkey's government and protesters could hurt an economy that has become a source of growth and stability in a ...
German court weighs legality of ECB crisis measure
Top European financial officials testified Tuesday for and against a European Central Bank program that has been instrumental in calming the euro debt ...
German floods could cost insurers $4 billion
Damage from the past week's flooding in Germany likely will lead to insurance claims of up to 3 billion euros ($4 billion), a credit rating agency ...
Juncker concedes mistakes on Greek bailout
Former Eurogroup president Jean-Claude Juncker conceded Tuesday that mistakes were made in the bailout of Greece — days after a similar admission by ...
Japan central bank keeps extreme easing steady
Japan's central bank ended a two-day policy meeting on Tuesday with an upbeat assessment for the world's No. 3 economy and a pledge to persist with ...