Zhou Xiaochuan, governor of the People's Bank of China (PBOC), attends a news conference in Beijing. Photographer: Tomohiro Ohsumi/Bloomberg.
(Bloomberg) -- Oil fell for a second day as Iranian and Western diplomats worked toward a nuclear deal that may lead to the Islamic Republic boosting crude exports, exacerbating a global supply glut.
NEW YORK - Susan Bernardo trusted her stockbroker. She wound up losing a fortune. Her broker, David Harris, advised her to sell $400,000 worth of relatively safe municipal bonds, she says, and sink the proceeds into real estate and energy partnerships ...
The U.S. job market had its best year of gains last year since 1999, and economic activity hit a whopping 5% in the third quarter -- the best quarter since 2003.
(Bloomberg) -- Volvo Car Group plans to invest about $500 million to build its first auto factory in the U.S. in a bid to revive sales, which have tumbled over the past decade.