Federal Reserve chief Janet Yellen signaled that rational exuberance is just fine. That, at least, is how some of America's largest money managers interpreted her comment ..
Global stocks traded just off record highs on Friday, still largely undeterred by a second week of violence in Iraq that has sent oil prices to nine-month highs. Buoyed by the ..
Buyout firms TPG Capital and Carlyle Group are targeting a $2.4 billion initial public offering of shares in Australia's Healthscope Ltd as their most-favored option for ..
An index of global stocks nestled near record highs on Friday while gold celebrated its biggest one-day rise in nine months as markets wagered monetary policy would stay super ..
NEW YORK/WASHINGTON (Reuters) - Brian Moynihan may be taking a play out of Jamie Dimon’s book. Representatives of Bank of America Corp have asked U.S. Attorney General Eric Ho ..
The total number of mortgage applications from home buyers was down in May compared with a year ago, according to the Mortgage Bankers Association. The drop comes amid rising ..
The Department of Justice's lawsuit accuses Bank of America of civil fraud in the sale of mortgage securities that soured during the global financial crisis. At a hearing ..
General Electric GE.N revised its bid for the power arm of Alstom ALSO.PA on Thursday, offering alliances in energy and rail to appease the French government and beat a rival ..
If inflation continues to drag, the suggestion would in effect have the European Central Bank emulate the Fed’s quantitative-easing program, a strategy many economists have be ..
The aggregate wealth of U.S. households is now $81.8 trillion. That's great news for those households and businesses with large asset holdings, high risk tolerances and e ..