Chinese deputy finance minister Shi Yaobin has told a German newspaper his country would welcome the United States joining a new China-led Asian development bank. "We wou ..
The Federal Reserve on Wednesday will likely discard a pledge to remain "patient" before hiking rates, replacing it with the word "flexible," said widely f ..
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Oil investors have been glued to the levels of storage tanks, which have been climbing steadily since the oil-price crash started last year. American stockpiles are more than ..
A German regional court on Wednesday issued a nationwide ban on online taxi service Uber, barring it from operating commercial services and levelling stiff fines for any viola ..
The S&P 500 has lost 2 percent from its March 2 record as concern mounts that the surging dollar will hurt corporate earnings. Fed officials are assessing the economy and ..
General Motors will slash production in Russia and pull its mass-market Opel brand completely in the face of plummeting sales in the economically troubled country. Mainstream ..
European Union countries will have to share information on tax deals agreed with major corporations under European Commission plans to limit the ability of big business to avo ..
Brent oil prices fell below $53 a barrel on Wednesday on oversupply concerns as industry data indicated U.S. crude stocks had hit a new record high. U.S. crude inventories ros ..
The Federal Reserve can change how things look but "not how they are," Jim Grant, founder and editor of Grant's Interest Rate Observer, tells CNBC. ..