The European Central Bank held interest rates at record lows on Thursday, but the market crash, tumbling bank stocks and ebbing inflation may set the stage for action later in ..
United, the second-largest U.S. airline by capacity, doubled its adjusted profit to $934 million, or $2.54 per diluted share. Analysts, on average, expected United to earn abo ..
The number of applications for unemployment benefits unexpectedly increased last week to a six-month high, indicating tempered progress in the labor market. ..
The steep declines on Wednesday morning sent mixed signals regarding a market bottom. The S&P 500 could fall another 8 percent before earning a "bear market" tit ..
Oil fell on Thursday, turning back toward 12-year lows on persistent concerns about oversupply and the outlook for demand. Oil futures have hit their lowest levels since 2003 ..
* Crude oil prices fell about 1 percent, but were holding steady near 12-year lows. * Global markets were mixed on Thursday: Asian stocks fell, but European indexes were up sl ..
China is still contributing to global growth as it adjusts its currency policy and shifts to consumer-led growth, according to India’s central bank governor. ..
Financial regulators failed banks before the financial crisis, then stifled the industry’s recovery in Europe, according to Blackstone Group LP Chief Executive Officer Steve S ..
China's fragile stock markets ended sharply lower on Thursday as oil prices failed to sustain a bounce from 13-year lows and other Asian markets went into reverse. With t ..
SHANGHAI (AP) — General Motors Co. opened a Cadillac factory in China on Thursday to target the country's growing but crowded luxury car market. ..