Market News

Spain's so-called bad bank will buy billions of euros worth of distressed loans and foreclosed property from commercial lenders for around half the book value.

Technology companies outperformed a quiet market on Monday as anticipation of Hurricane Sandy kept trading volumes exceptionally low.

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MEET RON CORDES Ron D. Cordes is a man on a mission to change the landscape of impact investing.  He is the co-chairman of  Genworth Financial Wealth Management (NYSE:GNW), which is responsible for over $25 bill...

The first trading day of the trading week will have investors closely monitoring the weather on the East Coast of the United States as Hurricane Sandy approaches and threatens to cause billions of dollars in damages.

Whether it’s a hurricane, earthquake or tornado, here are some simple ways to prepare your home.

Activity at 11 Wall St., the Corinthian column-lined home of the NYSE, pauses for 13 holidays each year, but the action on that famed floor often stops for more than Christmas. Indeed, the NYSE unexpectedly ceased ope...

The FTSE 100 and other European stock markets fell on Monday as investors fretted about the slowdown in eurozone and global economy, corporate earnings and the superstorm developing over the eastern United States.

Until this summer, the London Interbank Rate Offering Rate (LIBOR) was an omnipresent seemingly esoteric instrument that few non-financial people actually paid attention to other than knowing that their interest rate was...

US stock markets will be closed on Monday for the first time since the September 11 terrorist attacks and Google delays the launch of its new tablet as New York braces for the arrival of Hurricane Sandy.

Asian markets were mostly higher, recovering from heavy selling on Friday, while Hong Kong stocks gains were capped by sharp declines in local property developers. The HSI was flat.

In a battle of David and Goliath, a tiny group of cotton farmers is taking on commodities giant Cargill, alleging that what it calls the company's "Las Vegas"-style trading cost them $35 million and brought some growers ...

Some companies are seeking to get ahead of the tax increases by paying out big special dividends before Dec. 31. The game for investors is to figure out which companies could be next.

The Internal Revenue Service has awarded an anonymous whistleblower $38 million for information leading to the recovery of between $127 million and $254 million in corporate taxes.

UBS is aiming to eliminate as many as 15 lines of business and a third or more of the jobs at its investment-banking division as part of a plan to restore the business to health. Roughly 10,000 jobs would be eliminated o...

State regulators agreed to require that insurers set aside more capital to support their investments in bonds backed by residential mortgages, a step they say will help insulate the industry from losses during a severe d...

The New York Stock Exchange will close its trading floor starting Monday. Trading will be moved to Arca, an electronic trading platform operated by NYSE.