LONDON/HONG KONG (Reuters) - Standard Chartered (STAN.L) said former JPMorgan (JPM.N) investment bank boss Bill Winters will take over as chief executive in June, replacing Pe ..
The Federal Reserve should make a change to its policy statement next month that would allow it to monitor inflation readings through the spring and then hike interest rates s ..
CNBC's Steve Liesman and St. Louis Fed President James Bullard, discuss whether Janet Yellen is too politically biased towards the Democrats, Fed monetary policy and when ..
Global equities set a new record high and bond yields sank to fresh lows on Thursday as investors positioned for an extended era of cheap money ahead of the European Central B ..
An agreement allowing the two nations to share information that was signed Monday means Italy will remove Switzerland from a black list, enabling Italians to come clean on und ..
German insurer Allianz (ALVG.DE) raised its dividend by less than expected after earnings in its core property and casualty insurance businesses lagged and asset management st ..
A provision in Obama's proposed budget would allow the long-term unemployed to withdraw up to $50,000 from their retirement plans penalty free. ..
Bank lending in the euro zone fell slightly in January but at a slower pace than a month earlier, suggesting the economy may be turning a corner as consumer morale picks up in ..
Sears Holdings Corp, owner of Sears department stores and the Kmart discount chain, reported its 11th straight quarterly loss as sales continued to tumble. The net loss attrib ..
Samsung Electronics will freeze wages in 2015 for employees in South Korea for the first time in six years, after the world's biggest smartphone maker saw profits fall in ..