U.S. crude oil slumped over 4 percent on Wednesday to hit a 6-1/2-year low and almost break below $40 per barrel, as a huge unexpected stockpile build in the United States rei ..
Only one Fed policymaker was ready to vote for a rate hike at the central bank's July 28-29 policy meeting, while some others "viewed the economic conditions for beg ..
U.S. stocks ended in the red on Wednesday despite a round of relatively dovish minutes on the Federal Reserve's last meeting. ..
BERLIN/ATHENS (Reuters) - The German parliament approved a third bailout for Greece on Wednesday after Finance Minister Wolfgang Schaeuble said the country should get "a ..
Wall Street's self-regulatory body has been probing Bank of America Merrill Lynch over its failure to detect the activities of a former financial adviser, who pleaded gui ..
The initiative is currently dubbed "SPReD", which stands for Securities Product Reference Data, and is likely to be launched in the next six to 12 months, the Journa ..
General Motors Co (GM.N) will keep an Oshawa, Ontario assembly line operating until 2017, the company's Canadian unit said on Wednesday, extending the life of a line that ..
The National Labor Relations Board is expected to rule, possibly within days, on a case that could drastically change the relationship between millions of workers and their em ..
Target Corp (TGT.N) forecast disappointing sales for this quarter and said it expected consumer demand to remain choppy, causing its shares to give up early gains. Chief Opera ..
The regulator for U.S. housing finance giants Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) told the two firms on Wednesday to provide more support to low-income Americans ta ..