Business News

Oil prices rose by 1 percent on Thursday as investors focused on the prospect of tighter markets due to U.S. sanctions against major crude exporter Iran, which are set to be implemented in November.

AP/Luis Hidalgo Retailers are hoping to quash the "honor all cards" rule that requiresretailers to accept all of a network's credit cards if they accept any as a form of payment, the Wall Street Journal reported. The rul...

AVIATION geeks have few more enjoyable hobbies than speculating which airlines will merge next. But last week brought news of one potential deal worth taking seriously. On September 20th Bloomberg, a news service, report...

'You don't have to be completely agreeable at all times, but you need to be respected.'

Tensions between the U.S. and China grew more strained Wednesday when President Trump accused Beijing of trying to interfere in the U.S. midterm elections and of attempting to damage him politically.

The Federal Reserve raised its key interest rate on Wednesday, just as it has done seven other times since late 2015. It was just as everyone expected. In doing so, the Fed repeated a lot of what it has said before about...

For eight years, the Estonian branch of a Danish bank ran a massive money laundering scheme. How did it get away with this for so long - and why does a report into the scandal exonerate the Danish bank's management?

The subprime auto lender Prestige Financial Services used machine learning to make more effective lending decisions than its former model.

Unions accused furniture retailer IKEA on Thursday of undermining workers' rights in the United States, Ireland and Portugal, and asked the Dutch government to mediate.

German steel company and industrial equipment maker Thyssenkrupp says it plans to split into two firms in a setup that it says will be "much more focused and efficient." Thursday's …

Great news for air travelers who have had trouble squeezing their derriere into a seat on a plane: Washington lawmakers have got your backside. With airline seat widths in coach recently shrinking to about 17 inches on s...

The Federal Reserve is tightening monetary policy too much and too quickly.

With the third Fed interest rate hike out of the way, investors could still have plenty to chew on as they digest commentary from monetary policy makers about the economy and future trajectory of rate hikes.

Trading floor layoffs may be ahead as revenue declines; Goldman Sachs to expand its consumer bank to the U.K.,

Compass CEO Robert Reffkin joins 'Squawk Box' to discuss the tech real estate company and the industry.

Hamlin caught the attention of the bank's senior leaders when she oversaw the successful launch of a checking product. Now she sits at the center of every major marketing initiative.

A liberal advocacy group says a Trump political appointee at the CFPB must resign after the Washington Post reported the official once called most hate crimes hoaxes.

At Beth Johnson's insistence, the bank built an analytics platform that can anticipate customers' needs. It's an investment that is paying off in big ways.

For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove key to their global ambitions in financial services.

Russia is selling weapons and reviving trade with Syria as it looks toward a post-war future

"I made a choice and a compromise," Brian Acton said about the 2014 sale to Facebook for $22 billion

Union officials representing 30,000 workers at U.S. oil refineries and chemical plants on Wednesday said they will pursue sizable wage increases and a 3-year contract in coming negotiations.