U.S.-listed shares of Valeant, which said it would cooperate with the investigations, closed down 4.7 percent at $168.87. The Canadian company, which was rapped by Democratic ..
WASHINGTON/NEW YORK (Reuters) - U.S. Federal Reserve policymakers are not as divided as it may appear and are generally operating under the same framework for determining when ..
Wall Street bankers and traders are likely to get smaller bonuses for 2015 as trading revenue plunges. Goldman Sachs said on Thursday that it set aside 16 percent less money f ..
If American Apparel gets the bankruptcy turnaround it envisions, the fashion chain will soon have its most profitable years ever, according to court documents filed on Thursda ..
Equities added to gains late in the session, and eight of the S&P 500 sectors registered increases of more than 1 percent. More than four stocks rose for every one that fe ..
Financial stocks surged on Thursday, helping push the market to its biggest gain in almost two weeks. Citigroup jumped after reporting that its earnings rose sharply in the th ..
The Federal Reserve should begin to hike rates because the U.S. economy has virtually reached full employment and inflation is gradually rebounding, a top Fed official said on ..
The U.S. budget deficit in 2015 fell to its lowest level in eight years, spurred by gains in tax revenue that outpaced greater government spending. The Treasury Department sai ..
Atlantic City's eight casinos saw their September revenue rise by nearly 11 percent overall compared with a year ago, an indication that the slimmed-down market, with fou ..
With the exception of investment banking, which benefited from a surge in takeovers, revenue fell in all of the bank's major businesses, from investment management to bon ..