Avon Products Inc said Cerberus Capital Management LP would take a 16.6 percent stake in the company and buy 80.1 percent of its North American business, in a $605 million dea ..
The number of Americans filing for unemployment benefits last week fell from a five-month high, suggesting sustained labor market healing that could lead to further Federal Re ..
The Federal Reserve raised rates for the first time in nine years this week, voting unanimously to hike its key interest rate from a range of 0% to 0.25% to a range of 0.25% t ..
A French court has ordered Christine Lagarde, the head of the International Monetary Fund (IMF), to face trial over her role in a payout of some 400 million euros ($434 millio ..
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Volkswagen's chief executive Matthias Mueller named his new management team on Thursday, including the replacement for the group's research and development chief who ..
Wall Street has convinced itself that the Fed will raise rates two or at most three times next year. ..
The unanimous backing Federal Reserve Chair Janet Yellen got for the Fed's first rate hike since the financial crisis let her deliver a clear message: Don't expect f ..
According to Mitch Roschelle, partner at PricewaterhouseCoopers, uncertainty in global currencies, stocks, and bonds could benefit hard assets like U.S. real estate. ..
Truckmaker Navistar International Corp posted its 13th consecutive quarterly loss on Thursday amid declining revenue but said that it plans to further cut costs in 2016 and re ..