China is stepping up its role as the lender of last resort to some of the world's most financially strapped countries. Chinese officials signaled Saturday that they are willing to expand a $24 billion currency swap program to help Russia weather the worst ...
Existing-home sales slid in November as housing supply showed some tightening, according to the National Association of Realtors on Monday.
U.S. stocks rose, sending the Standard & Poor's 500 Index toward a record, as a rally in technology shares offset a slump in biotechnology and the first drop in five days for energy companies.
The French industrial giant Alstom has agreed to plead guilty and pay a $772 million penalty to the United States in a bribery investigation by the Justice Department.
Ocwen Financial Corp. (OCN) plunged as much as 31 percent, the most ever, after agreeing to a settlement that prevents it from acquiring mortgage-servicing rights until the company makes improvements to satisfy New York regulators.