Yet, on paper at least, it is also home to Rowan Companies, one of the largest operators of drilling rigs in the world. In 2012, Rowan, which has a market value of $4 billion, ..
The market may be near record highs but price isn't the only record it's breaking. Should it continue rallying for just two months more, it will be the longest bull ..
Investors across the globe are scooping up Treasurys, an asset whose main selling point until recently was safety. Overseas buyers, led by China, are buying U.S. debt to gathe ..
Loans secured by real estate typically make up about one-third of U.S. bank assets, mostly in the form of home loans and commercial loans. Add in mortgage-backed securities, a ..
The U.K., Ireland and Italy are among the nations now moving to include illicit doings when tallying their gross domestic product, the broadest measure of goods and services a ..
This week's light calendar gives investors room to digest the European Central Bank's radical moves to avert deflation and look beyond U.S. data which, in more norma ..
China's exports gained steam in May thanks to firmer global demand, data showed on Sunday, but an unexpected fall in imports signaled weaker domestic demand that could co ..
Wal-Mart Stores Inc. (WMT) apologized after a highway accident involving one of its truck drivers critically injured actor-comedian Tracy Morgan and prompted the U.S. National ..
China is waking up to a potentially damaging mismatch in its labor market. A record 7.27 million graduates - equivalent to the entire population of Hong Kong - will enter the ..
Euro zone interest rates will diverge from those in the United States and Britain for a number of years, European Central Bank (ECB) Executive Board member Benoit Coeure told ..