The U.S. Federal Reserve kept interest rates unchanged on Wednesday and in a direct reference to its next policy meeting put a December rate hike firmly in play. Investors had ..
U.S. crude oil prices rose more than 6 percent on Wednesday as the government reported an inventory build that reversed bearish market expectations, putting the market on a vo ..
The KBW Nasdaq regional bank index (.KRX) jumped 4.1 percent. Stocks initially sold off following the statement, with the S&P 500 erasing close to a 1 percent gain, but qu ..
DETROIT/SAN FRANCISCO (Reuters) - Many of Volkswagen AG's (VOWG_p.DE) U.S. dealers are offering hefty discounts of $6,000 and more on new 2015 and 2016 gasoline models as ..
Pershing Square Holdings, the publicly traded security of Bill Ackman’s activist hedge fund, extended losses over the past week amid attacks on Valeant Pharmaceuticals Interna ..
AIG shares jumped almost 5 percent in heavy trading after the release of the proposal, which Icahn said was supported by hedge fund manager John Paulson. Around two weeks ago, ..
WASHINGTON/BRUSSELS (Reuters) - The United States is not keen on pursuing a separate free trade deal with Britain if it leaves the European Union, U.S. Trade Representative Mi ..
If China's yuan joins the International Monetary Fund's benchmark currency basket, changes in its economy will likely be felt more deeply in Asian financial markets, ..
U.S. stocks closed up more than 1 percent after the October Fed statement gave investors more confidence in the possibility of a December rate hike. ..
Peter Hancock may have met his hardest challenge yet. ..