The International Monetary Fund has nominated managing director Christine Lagarde for a second term.
The International Monetary Fund has nominated managing director Christine Lagarde for a second five-year term. Read more »
Federal and state authorities on Thursday announced a $3.2 billion settlement with Morgan Stanley over bank practices that contributed to the 2008 financial crisis, including misrepresentations... Read more »
President Barack Obama sent Congress his final budget on Tuesday, proposing to spend a record $4.1 trillion on a number of initiatives, from a new war on cancer to combating global warming to... Read more »
Strong earnings in North America and China and a reversal of fortunes in Europe powered General Motors to a record net profit of $9.7 billion last year. Read more »
Merck & Co. posted an 87 percent drop in fourth-quarter profit compared with last year when the drugmaker had a huge gain from the sale of consumer health business. It beat Wall Street profit... Read more »
Swiss bank UBS saw its shares slide on Tuesday on news that investors had pulled billions out of its division serving wealthy clients — a token of the market turbulence that has shaken the... Read more »
Police arrested the maverick founder of China's largest online finance business on suspicion of fleecing 900,000 investors of $7.6 billion, in what could be the biggest financial fraud in Chinese... Read more »
The stock market was able to recover from steep losses to close slightly lower on Monday as investors looked past another drop in the price of oil and renewed concerns about U.S. and Chinese... Read more »
The Bank of Japan on Friday said it will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up a... Read more »
JPMorgan Chase will install new ATMs later this year that will allow customers to withdraw cash or initiate other transactions using their cellphone. Read more »
& Johnson, despite a tough year of falling revenue, posted a 27.6 percent increase in fourth-quarter profit, as a big one-time gain offset restructuring and other charges taken by the... Read more »
LG Electronics, the world's second-largest TV maker, on Tuesday reported an unexpected loss for the final quarter of 2015 as its smartphone business struggled and costs for raw materials rose. Read more »
Hyundai Motor Co. reported its lowest annual profit in five years after a failure to fully anticipate strong demand for sports utility vehicles in China led to a sales drop in the world's largest... Read more »
Ford Motor Co. is pulling out of Japan and Indonesia, saying that market conditions in each country have made it difficult to grow sales or make sustained profits. Read more »
Union Pacific Corp.'s fourth-quarter profit fell 22 percent as the railroad hauled 9 percent less freight and worked to cut costs to match the reduced demand. Read more »
Britain and Germany gave their key backing Thursday for Christine Lagarde to stay at the helm of the International Monetary Fund for a second term. The savvy Frenchwoman, however, held back from... Read more »
Low oil prices are complicating life for the European Central Bank in its struggle to push up the worrisome low inflation in the 19 nations that use the euro currency. Read more »
A prevailing sense of anxiety was in the air in the Swiss ski resort of Davos as the World Economic Forum kicked off Wednesday with delegates fretting about the turbulence in financial markets,... Read more »
Facing a cocktail of risks from the economic slowdown in China to the rise of the Islamic State group, chief executives around the world are more pessimistic about the global economy than at any... Read more »
Cheaper jet fuel thanks to falling oil prices helped Delta Air Lines earn $980 million in the fourth quarter despite lower revenue than a year ago. Read more »
Puerto Rico's $72 billion public debt crisis has forced congressional leaders to pay attention to a U.S. territory that's usually on the sidelines of American politics. Read more »
China's slowdown is ratcheting up financial stress on companies while the country's leaders scramble to avoid a spike in job losses. Full-year 2015 growth of 6.9 percent was the lowest in 25 years,... Read more »
Bank of America profits rose nearly 10 percent in the fourth quarter as the bank cut costs and generated better results from lending and other activities in its consumer banking division. Read more »
Cuts, cuts and more cuts. Read more »
Best Buy's shares sank Thursday after the nation's largest consumer electronics chain reduced its sales outlook for the fourth-quarter as it reported weak holiday business in mobile phones and... Read more »
Stocks are mixed in the early going as the market stabilizes following its worst drop since September. Read more »
World shares rose Wednesday after China reported improved exports in December, salving nerves about the world's No. 2 economy, though a rally in Shanghai's stock market was short-lived. Read more »
Airbus overcame technical toilet troubles and engine delays to win hundreds more plane orders in 2015 than rival Boeing, but a bigger problem may cloud this year for both companies: China's... Read more »
Stocks slipped Friday morning, a day after the market had its worst day in three months. Indexes gave up an early gain driven by a report of strong job growth in December. The week is shaping up to... Read more »
For months, U.S. employers have steadily added jobs even as global growth has flagged and financial markets have sunk. Friday's jobs report for December may provide some hints of whether that trend... Read more »
Talk about a comeback. Read more »
Americans are buying more new cars than ever before. Read more »
Yang Lihua was one of millions of small investors Beijing encouraged to join a stock-buying frenzy last year. But the Shanghai newspaper editor sold after prices collapsed in June and she vowed... Read more »
U.S. stocks are opening 2016 on a grim note, dropping sharply after a plunge in China and declines in Europe. Read more »
Target's efforts to draw shoppers back into its stores are paying off. Read more »
Stock market took investors for a wild ride in 2015, but in the end it was a trip to nowhere. Read more »
Companies around the world spent a record $5.04 trillion on acquisitions in 2015, according to Dealogic, as slow worldwide economic growth and low interest rates pushed companies to combine forces. Read more »
For most Russians, it's not New Year's without a Salad Olivier, a dish meant to augur prosperity. This year, soaring food costs mean the tradition can also be a painful reminder of how rapidly many... Read more »
Grocery store favorites like Betty Crocker and Hamburger Helper are hurting. Cheerios, still the nation’s No. 1 cereal brand, needs some help. Read more »
A strong showing Sunday by a pair of upstart parties in Spain's general election upended the country's traditional two-party system, with the ruling Popular Party winning the most votes but falling... Read more »
More often shoppers are making the decision to sit on their couches than head to stores this holiday season. Read more »
Women may be badly outnumbered in the top ranks of corporate America, but at least they aren't underpaid. Read more »
For anyone considering whether to buy a home or car, the Federal Reserve's interest rate increase Wednesday shouldn't make much difference. Read more »
The junk-bond market has something to really fear: fear itself. Read more »
Dow Chemical, DuPont and Yahoo didn't so much leap toward new corporate futures this week. They were pushed. Read more »
Argentine President Mauricio Macri was sworn in Thursday, inheriting myriad economic problems from the often-divisive outgoing President Cristina Fernandez, who skipped the inauguration in a final... Read more »
Is the U.S. job market finally healthy enough to lift Americans' long-stagnant pay? Read more »
The seams of coal in some of Eddie Asbury's mines in McDowell County are so thin workers can barely squeeze down them. They enter on carts nearly flat on their backs, the roof of the mine coursing... Read more »
November used to be a slow month for U.S. car sales. Not anymore. Read more »
Black Friday shopping is shifting from hours spent in line to more time online. Read more »
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