As data showed a recovery in the economy, an economist said the Federal Reserve would most likely stay on its September schedule to start easing its monetary stimulus.
Legal & Regulatory
Proposals to overhaul US tax system put corporate tax breaks at risk
Proposals to overhaul the US tax system could eliminate the billions of dollars in tax breaks enjoyed by corporations.
Debate on European politics most welcome says Merkel aide
Hermann Groehe said Angela Merkel would be most willing to tackle issues about European politics on their television debate this Sunday.
T. Rowe Price bans American Airlines employees from trading funds in retirement plans
T. Rowe Price banned some American Airline employees from trading the funds in their 401k plans because of collective trading.
Columnist ponders on the cause of joblessness in the US
Reuters columnist Allison Schrager dissects the cause of unemployment in the US. Is the cause of unemployment in the US structural or cyclical? This was the question that Reuters columnist Allison Schrager attempted to answer in her column.
Latest News
Asset managers questioned the sufficiency of the communications efforts undertaken by Nasdaq when trading halts during technological crisis.
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.
An anonymouse bourse official of the Mexican bourse told Reuters that the bourse canceled Minera Frisco's trades in the last 10 minutes of trading today as the share price spike was caused by a computer glitch.
According to a top Indian government official, Walmart's plans of getting into the country's multi-brand segment could be at its final stage.
Merger and acquisition deals in India had slowed down after fears on US and UK anti-bribery laws threatened investment.
A US judge had granted the request of American Airlines and US Airways for an earlier trial against the US Justice Department that intends to block the two companies' planned USD11 billion deal.
According to a Bloomberg report, the potential nomination of a Federal Reserve outsider made investors scramble for advice on whether the news would have an effect in financial markets and monetary policy.
Securities brokerage firm Everbright would be facing a bleak future as China Securities Regulatory Commission (CSRC) handed down a CNY523 million (USD85.5 million) fine and corporate suspensions for insider trading.
US District Judge Colleen Kollar-Kotelly said she wanted the trial against American Airlines and US Airways to be held before the US Justice Department's proposed March 3 date.
