The Chinese version of Twitter, Weibo, filed a preliminary prospectus on Friday for an initial public offering in the U.S. to raise $500 million.
Consumer sentiment dipped modestly in early March, entirely due to reduced expectations for the future, a survey said on Friday. The preliminary Thomson Reuters/University of Michigan overall index of consumer sentiment fell to 79.9 in March, down from ...
The value of U.S. government bonds held by foreign central banks at the Federal Reserve shrank by a record amount this week, causing a stir in the Treasury market.
The Federal Deposit Insurance Corporation has sued 16 big banks that set a crucial global interest rate, accusing them of fraud and conspiring to keep the rate low to enrich themselves.
NEW YORK (Reuters) - Growing tension between the West and Russia ahead of Ukraine's weekend referendum in Crimea pushed down stocks on major world markets on Friday and drove up buying of safe-haven gold and the yen.