Market News

U.S. stocks dropped Thursday, with the Dow Jones Industrial Average falling more than 100 points after oil prices reversed and continued to slide. That occurred after weaker than expected U.S. data spurred growth economi...

Switzerland’s central bank surprised the world this morning by removing its self-imposed cap of 1.20 Swiss francs per euro and letting the franc float higher. It also lowered its deposit rate for banks to -0.75 percent...

The billionaire investor Warren Buffett is a highly quotable figure, but perhaps the most revealing of his many statements on money management is also his funniest: "You only find out who is swimming naked when the tide ...

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WASHINGTON

Kimchi has traditionally been the most frequently-consumed food item in Korea, but now it seems that coffee has taken the top spot, according to a recent study released on Friday.

Investment bank injects $300 million into currency broker battered by volatile market swing.

North Sea explorers and producers are doing their best to go into panic mode even before a possible $40 per barrel oil price begins to bite. Most see a price drop to $40, and maybe even lower, as imminent. However, hardl...

Market outlook 2015.

In afternoon trading on Friday, Energy stocks are the best performing sector, up 3.3%. Within that group, Newfield Exploration (NYSE: NFX) and Cimarex Energy (NYSE: XEC) are two of the day's stand-outs, showing a gain of...

Trying to outguess the market can make a fool of anyone. Instead of trying to move in and out of the market, a better strategy is to buy quality stocks that you can ideally hold for the longer term. With that in mind, we...

Shares of Netflix (NFLX) jumped on Friday after an analyst upgrade. That may be the last comforting news investors entertain before the first quarter earnings report comes out next Tuesday.

Consolidated revenue fell 20.8% year-on-year, which RIL attributed to a 30% fall in the benchmark crude oil price

While the turmoil in the oil markets didn't reflect on the company's adjusted quarterly earnings, given the contract driven nature of the services industry, the company took significant one-time charges relating to write...

Considering the challenging business environment, we expect that revenues across different division will continue to decline in Q4. However, we are closely monitoring the new signings the services business as this will h...

Facing a string of legal action for its alleged role in manipulating benchmark interest rates and foreign exchange rates, and for its anti-money laundering controls at Mexican subsidiary Banamex, Citigroup had announced ...

Despite the strong results, Intel's stock was down marginally after the 2014 earnings release, on account of the weak gross margin guidance. For Q1 2015, Intel expects gross margin to decline to 60% (+/- a couple of poin...

Shares of Goldman Sachs Group Inc. (NYSE:GS) dropped more than 1 percent Friday after the investment bank's division that trades bonds, currencies and commodities, traditionally one of the company's strongest divisions, ...

Italy has a dynamic new prime minister, Matteo Renzi, whose last name should be Frenzy. In less than a year he’s made big changes to governance, dramatically liberalized labor laws, slashed short-term taxes on new hire...

The management team of Altisource Portfolio Solutions said on Friday they believe a suspension of Ocwen Financial's mortgage license in California is unlikely, causing shares to surge over 50%.

The holidays are officially over for Sebastian Vettel -- the Formula One racer has started his new job with Ferrari.

In an already volatile environment, what the stock market didn't need was the surprise action by the Swiss National Bank (SNB) to remove the cap on the Swiss franc/euro exchange rate. The cap had been in effect since 201...