In the global currency cage match, the dollar is as unstoppable as undefeated UFC champ Ronda Rousey. The greenback is trading at a 12-year high against the euro and 8-year high versus the Japanese yen.
NY investigators have flagged 'millions' of potentially illegal money laundering transactions — all at one bank
"What regulators have not done is actively tested the effectiveness of the filtering system banks are using," Lawsky said Wednesday during a speech at Columbia University. "That needs to change." Lawsky
The Golden Arches are looking a little tarnished if you listen to a coalition of European and American trade unions. Given the source of the comments, perhaps that is to be expected, especially coming
NEW YORK (Reuters) - Brent crude oil futures surged 5 percent on Wednesday, after Saudi Arabia’s oil minister said oil demand was growing and data showed Chinese factories were producing more than expected.
It has been a bad couple of weeks for HSBC. First came allegations of impropriety in its Swiss banking subsidiary, and suggestions that it assisted clients to avoid tax, carried at length for a week by
NEW YORK (Reuters) - U.S. home prices rose again in December and activity in the services sector expanded in February at its fastest pace since October, but a gauge of consumer confidence fell, according
The plunge in oil prices is scaring some members of OPEC. Nigeria's oil minister told the Financial Times Monday that the crash in crude oil prices could cause the cartel to hold an emergency meeting.
The bank is making it harder for brokers to take some of their clients with them when they leave Merrill Lynch—specifically, clients that were referred to the broker by a Bank of America branch. Brokers
NEW YORK (Reuters) - Crude oil futures fell on Tuesday as expectations that this week’s reports will show U.S. crude inventories rose again countered supportive news of Libyan oilfields being shut. A view
Less money spent filling up at the pump means more cash to burn a hole in consumer pockets. So goes the conventional wisdom regarding the precipitous drop in oil prices since last summer. Judging by the
NEW YORK (Reuters) - The Nasdaq ended higher on Monday for a ninth straight day following gains in Apple (AAPL.O), while the Dow and S&P 500 eased off recent record highs as lower oil prices dragged down
NEW YORK (Reuters) - The Nasdaq rose for a seventh straight session on Thursday as Priceline shares jumped, while the Dow and S&P 500 eased following declines in energy shares and a disappointing outlook
A federal judge Thursday ruled the Chicago Cubs can move ahead with installation of outfield advertising signs and video boards that could block views into Wrigley Field from nearby rooftop businesses,
NEW YORK (Reuters) - Oil prices fell for a second day on Thursday, after the U.S. government reported another record high in crude inventories, but prices bounced sharply off session lows on relief the
Alex Tabarrok has an excellent little piece of research out. On everyone’s favorite subject, how do we increase the dynamism of the American economy and thus gee up growth and make everyone richer along
Caterpillar Inc. is about as American as you can get, except that these days it’s not, having been partially shuffled off to Switzerland. But it still must deal with the IRS, and the IRS isn’t happy with