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Updated: 19 min 38 sec ago

GE Profit and Revenue Up, Industrial Earnings Fall

Fri, 01/22/2016 - 7:15am
General Electric on Friday reported growth in its core earnings and revenue for the fourth quarter, though profit in its industrials business slid.
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IMF Chief Christine Lagarde to Run for Second Term

Fri, 01/22/2016 - 6:08am
International Monetary Fund chief Christine Lagarde said Friday she is running for a second term to lead the Washington-based institution.
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Yahoo to Decide Next Steps After Quarterly Earnings

Fri, 01/22/2016 - 5:49am
Yahoo will decide on its next strategic steps only after releasing quarterly earnings on Feb. 2.
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Wall Street Eyes Weekly Gains as Oil Prices Surge

Fri, 01/22/2016 - 4:59am
U.S. equity markets jumped on Friday as global oil prices staged a recovery and investors bet on more stimulus from the world's central banks.
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Hong Kong Closes Up 2.9%, Best Day in Over 3 Months

Fri, 01/22/2016 - 4:53am
Hong Kong shares enjoyed some respite from a savage selloff in recent weeks, with the benchmark Hang Seng Index jumping nearly 3 percent.
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China Shares End Higher on Stimulus Hopes

Fri, 01/22/2016 - 4:38am
China's fragile shares ended higher on Friday, in a relatively muted response to hints of more policy stimulus in Europe and Japan.
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Oil Rises Jumps but Set for Biggest Jan Fall in 25 Years

Fri, 01/22/2016 - 4:22am
Oil rose by more than 8%, as a cold snap boosted demand for heating oil across the United States and Europe.
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U.S. Stock Futures Rally, Tracking Sharp Gains For Oil Prices

Fri, 01/22/2016 - 3:47am
U.S. stock futures shot higher early Friday, as crude oil prices continued to climb.
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North Korea Detains U.S. College Student Over 'hostile Act': Reports

Fri, 01/22/2016 - 3:23am
North Korea says it has detained a U.S. college student, claiming the person committed a "hostile act against the state," according to media reports Friday.
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Jamie Dimon Gets a $7 Million Pay Bump

Thu, 01/21/2016 - 5:57pm
J.P. Morgan Chase & Co. Chief Executive James Dimon will receive $27 million in total compensation for 2015, up $7 million from the prior year, according to a securities filing.
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American Express Profit Slips

Thu, 01/21/2016 - 5:33pm
Credit card issuer American Express Co reported a 39.2 percent fall in quarterly profit as the company's non-interest revenue fell 10.6 percent.
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Starbucks Gets a Revenue Boost During the Holidays

Thu, 01/21/2016 - 5:01pm
Starbucks Corp reported better-than-expected sales growth at established cafes in the holiday quarter, helped by strength in its Americas division, its largest.
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Is Recession Looming: Depends on Who You Ask

Thu, 01/21/2016 - 3:08pm
Is a dark cloud of recession risk looming above the U.S. economy’s head? It depends on what you look at: Equity markets aren’t predicting it, but data might indicate danger ahead.
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Brutal Start to 2016 Could Limit Rate Hikes

Thu, 01/21/2016 - 1:09pm
Stock market volatility has fueled growing doubts that the Fed can raise interest rates as fast as central bank policy makers had forecasted last month.
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Harvard's Ferguson: China's Behind Plunging Oil

Thu, 01/21/2016 - 11:17am
When it comes to the state of the global economy and plummeting commodity prices, Harvard University Professor says look to China for some answers.
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Southwestern Energy to Lay Off or Trim Roles of 1,100 Workers

Thu, 01/21/2016 - 11:08am
Southwestern Energy announced a workforce-reduction plan that will lay off or reduce the roles of about 45% of its employees. Move is expected to cut annual costs by $150 million to $175 million.
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U.S. Stocks Open Slightly Higher As Draghi Hints At More Stimulus

Thu, 01/21/2016 - 10:32am
U.S. stocks opened slightly higher Thursday, on track to trim losses from the prior session, after European Central Bank President Mario Draghi hinted at more monetary stimulus.
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German Bund, Treasury Yields Tumble To Nearly 9-month Low

Thu, 01/21/2016 - 10:18am
Eurozone government bond yields plummeted Thursday after European Central Bank President Mario Draghi signaled that the ECB might authorize additional monetary easing measures at its March meeting.
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ECB to Review Monetary Policy in March

Thu, 01/21/2016 - 9:54am
The European Central bank will "review and possibly reconsider" it monetary policy stance when it next meets in March because of weaker-than-expected inflation dynamics in the euro zone.
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Apple IPhone Estimates Cut Again At Credit Suisse

Thu, 01/21/2016 - 9:53am
Apple Inc. suffered another blow on Thursday in regards to quarterly iPhone estimates after Credit Suisse cut its estimate on shipments for at least the second time.
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