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Financial services

  • Stocks end lower ahead of Fed meeting

    Stocks slipped on Wall Street as troubling economic news from China and the U.S. outweighed optimism about more stimulus from the Federal Reserve. 

  • Silicon Valley isn't sharing Facebook's misery

    Silicon Valley, it turns out, doesn't revolve around the stock prices of Facebook and its playful sidekick, Zynga. By most indications, tech companies ... 

  • US agency plans $150M investment in Mideast fund

    A U.S. government financing agency says it plans to pump $150 million into a Mideast private equity fund designed to promote the growth of small and ... 

  • Donald Himpele

    Treasury to cut AIG stake below half in $18B sale

    The U.S. government is selling more of its shares in insurer American International Group Inc., in a move that should decrease its holdings below a ... 

  • Barack Obama

    Romney, Obama aim at swing voters on health care

    With swing voters in his sights, Republican presidential candidate Mitt Romney is tacking toward the center on health care and defense spending now ... 

  • Sheldon Adelson

    Madrid chosen for EuroVegas gambling resort

    The decision by Las Vegas Sands to choose Madrid for a big "EuroVegas" casino project was welcomed by city officials Saturday, but potential obstacles ... 

  • German minister: Don't let up on reforms

    Germany's finance minister is insisting that countries must not use the European Central Bank's plan to buy unlimited amounts of government bonds as ... 

  • Hiring slows in August, putting pressure on Fed

    American employers cut back sharply on hiring last month, crushing hopes that the job market was improving and putting more pressure on the Federal ... 

  • Barack Obama

    Romney, Obama in battle for working-class whites

    President Barack Obama and Republican rival Mitt Romney are working feverishly for an increasingly smaller but crucial slice of the electorate — ... 

  • Oil rises as jobs report gives fuel to Fed hopes

    The price of oil finished higher Friday as concerns about a disappointing U.S. employment report gave way to the likelihood of action by the Federal ... 

  • Carmaker Peugeot pushed off France's CAC-40 index

    The Paris bourse will drop PSA Peugeot Citroen from its CAC-40 index of leading French companies after a dismal year for the carmaker, the exchange ... 

  • Oil rises to above $96 ahead of US jobs data

    The price of oil rose above $96 a barrel Friday as traders remained confident that the European Central Bank's latest bond-buying plan will go a long ... 

  • ECB nomination held up over lack of women

    The European Parliament has put off a hearing on a nominee for a top European Central Bank job to underline concerns over the absence of women in ... 

  • ECB unveils aggressive bond plan to save euro

    The European Central Bank unveiled its most ambitious plan yet to ease Europe's financial crisis with a plan to buy unlimited amounts of government ... 

  • Hungarian prime minister unfriends IMF on Facebook

    Hungary's prime minister has long had a testy relationship with the International Monetary Fund — and on Thursday he used Facebook to unfriend the ... 

  • Key quotes from ECB head Draghi's press briefing

    European Central Bank President Mario Draghi unveiled a new program Thursday to buy government bonds to bring down the borrowing costs of some ... 

  • Realty Income buying American Realty Capital

    Real estate investment trust Realty Income is buying American Realty Capital Trust Inc. for about $1.9 billion in stock. Realty Income Corp., which ... 

  • Analyst responses to ECB's new bond-buying plan

    On Thursday, Mario Draghi, the president of the European Central Bank, unveiled a package of measures that is designed to ease the strains in Europe's ... 

  • Key ECB steps to combat Europe's debt crisis

    Here are some of the key steps the European Central Bank has taken to ease Europe's financial crisis and provide a spark to the weak economy. 

  • Text of the speech by ECB President Mario Draghi

    Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today's ... 

  • AIG to sell $2B in AIA shares, repay US gov't

    Insurance giant American International Group Inc. said Thursday that it's selling part of its stake in Asian insurer AIA Group Ltd. and plans to pay ... 

  • Oil prices rise ahead of key European bank meeting

    The price of oil rose above $96 a barrel on Thursday ahead of a meeting of the European Central Bank which is expected to announce a plan to help ease ... 

  • Oil price rises ahead of key European bank meeting

    Oil prices rose Thursday ahead of a meeting of European central bankers who are expected to announce a plan to help financially strapped countries. 

  • Facebook stock up on Zuckerberg's no-sale pledge

    Facebook's stock increased nearly 5 percent on Wednesday following a disclosure that its CEO, Mark Zuckerberg, won't sell stock in the company for at ... 

  • Stocks barely move; FedEx sinks on profit warning

    U.S. stock prices are closing mixed, held in check by a warning from the huge package delivery company FedEx that its profits would be hurt because ... 

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