Argentina offers tax amnesty for undeclared cash
Argentina's government announced new measures on Tuesday intended to suck up undeclared dollars in response to growing pressure to abruptly devalue ...
Egypt appoints 9 ministers in limited reshuffle
Nine new Egyptian ministers joined President Mohammed Morsi's Cabinet on Tuesday, including three members of his Muslim Brotherhood, in a reshuffle ...
IMF's Lagarde criticizes US spending cuts
International Monetary Fund head Christine Lagarde criticized the U.S. government's budget policies as too tight on Tuesday, in an appearance in ...
Low disaster costs give Munich Re a Q1 profit lift
Reinsurer Munich Re said Tuesday its first-quarter net profit rose 25 percent as the company saw modest outlays for natural disasters and raised its ...
Australia's central bank cuts rate to 2.75 percent
Australia's central bank cut its key interest rate by a quarter percentage point to a record low 2.75 percent Tuesday in an effort to boost economic ...
Buffett: Stocks still reasonable but bonds awful
Investor Warren Buffett said even though the stock market is soaring, prices appear reasonable, and stocks would be a better investment than bonds for ...
Ahead of the Bell: Reports detail BMC buyout
Shares of BMC Software climbed before the opening bell on new reports that a team of private equity firms may attempt to buy the information ...
Berkshire Hathaway's earnings jump 51 percent
Berkshire Hathaway's first-quarter profit jumped 51 percent as its insurance companies performed well and the value of its investments soared.
Stocks surge to new highs after hiring climbs
Optimism about the economy swept through the stock market Friday, pushing two widely watched indexes past major milestones. After weeks of mixed ...
BNP Paribas sees Q1 earnings tumble
French bank BNP Paribas said Friday its earnings slumped 45 percent in the first quarter amid a steep drop in corporate and investment banking as ...
Asia stocks rise on US jobs data
Asian stock markets rose Friday, finding renewed strength from a fall in U.S. jobless benefit claims and an interest rate cut by the European Central ...
US economic reports hold out hope for hiring gains
Fewer Americans are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports ...
Oil jumps more than 3 percent, natural gas drops
The price of oil rose more than 3 percent Thursday as the European Central Bank cut its key interest rate to a new low and U.S. unemployment claims ...
ECB cuts benchmark interest rate to 0.5 percent
The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift ...
Reactions to European Central Bank rate cut
The European Central Bank, which sets monetary policy for the 17 European Union countries that use the euro, cut its main interest rate by a quarter ...
US trade deficit falls to $38.8 billion in March
The U.S. trade deficit narrowed in March for a second month as the daily flow of imported crude oil dropped to the lowest level in 17 years.
Oil trades above $91, recovering from big drop
The price of oil made gains above $91 per barrel Thursday, rebounding from a steep drop, as the European Central Bank cut its key interest rate to a ...
Asia stocks down on US, China economic fears
Asian stock markets fell Thursday after U.S. and Chinese data pointed to slower growth in the world's two biggest economies. Analysts are concerned ...
Fed keeps stimulus, says taxes and cuts have hurt
The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy. The Fed stood by its aggressive ...
Visa card use up but 2Q profit slips nearly 2 pct
Visa Inc. said Wednesday that its net income slipped nearly 2 percent in the first three months of this year from the year before, when the company ...
Congressman, former lobbyist get housing, FCC nods
President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance ...
Medicaid improved mental health for uninsured
If you're uninsured, getting on Medicaid clearly improves your mental health, but it doesn't seem to make much difference in physical conditions such ...
ECB weighs rate cut as eurozone economy struggles
Economists say the European Central Bank could cut interest rates as soon as Thursday because of fears that the euro area's economy isn't recovering ...
No policy changes are expected as Fed ends meeting
The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy. The Fed will likely end ...
UBS posts $1 billion net profit in first quarter
A first-quarter net profit of $1 billion thanks to strong investment banking and wealth management sent shares in Swiss bank UBS AG surging up well ...
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