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BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Ant Financial,the parent company of top Chinese mobile wallet Alipay, has recei...

AP/Hasan Jamali Oil rigs are returning to the U.S. at the fastest rates in two years due to rising oil prices. There are currently 712 active oil rigs in the U.S., up from 316 in the middle of last year. The number of op...

The British pound will eventually reclaim the $1.30 mark against the U.S. dollar, analysts say, but the journey potentially faces more roadblocks this week.

REUTERS/Eric Thayer Barclays has named a new leadership team for its capital markets unit. The bank announced last week thatJoe McGrath will be the new global head of banking, and that John Miller will become the head of...

Consider accountability at the earliest stage of engaging potential hires.

Associated Press BEIJING (AP) -- When the sister of President Donald Trump's son-in-law Jared Kushner promoted investment in her family's new skyscraper from a Beijing hotel ballroom stage earlier this month, she was pit...

Philadelphia Federal Reserve Bank President Patrick Harker sat down with American Banker to talk fintech, financial regulation and the economy.

Businesses underpay their lowest-paid workers by some $15 billion a year, according to studies. Here are the many forms this practice - called "wage theft" - can take.

Trump told the Economist magazine last week that his tax plan would increase the federal budget deficit. No kiddin.' But Trump also said it was really not a big deal -- only a couple years of higher deficits -- before ec...

HBO's 'Silicon Valley' somehow manages to nail the tech world week after week, this time it's a new app for detecting hotdogs.

"Listening to clients is the best way to ensure that the technology we are offering is something that solves a problem or fulfills a need," says SS&C Advent's Dave Welling.

McDonald's is always looking for a way for you to say goodbye to your McDonald-free days. Maria Mercedes Galuppo (@mariamgaluppo) has more.        

It's worth more than an ounce of gold right now, it's completely digital and it's the currency of choice for the cyberattackers who crippled computer networks around the world in …

Chinese stocks have fallen on weaker economic data while other Asian markets rose after Wall Street climbed on a spurt in oil prices

REUTERS/Stefano Rellandini/File Photo Credit Suisse has promoted Andy Lipsky and David Wah to co-heads of investment banking and capital markets in the Americas, according to an internal memo seen by Reuters and confirme...

A House Republican bill would allow lax lending standards to creep back into the financial system by gutting the CFPB, according to a letter from 158 law professors and scholars.

Drug store giant Walgreens Boots Alliance carries dozens of headache cures in its 13,200 stores -- and that should come in handy for the lawyers and bankers working on its $9.7 billion proposed merger with Rite Aid. Wash...

Amazon marked its 20th anniversary as a publicly traded company on Monday -- and Chief Executive Jeff Bezos has plenty to celebrate. The stock closed Monday at $957.97, which means the Web giant has gained 48,776 percent...

German Chancellor Angela Merkel signals new openness to far-reaching changes to fortify the European Union -- including changes to its core treaty -- as she met with French President Emmanuel Macron.

Why your next business idea might be right under your hat.

Jeff Rose If you read many stories about entrepreneurship, you've probably noticed that most entrepreneurs have multiple streamsof income. Mostly by design, business owners go to great lengths to make sure they have mone...

Warren Buffett's Berkshire Hathaway on Monday said it added to its sizable investments in American Airlines and Southwest Airlines, and shed its stake in Twenty-First Century Fox. In a regulatory filing, Berkshire said t...