NEW YORK European and U.S. shares rebounded on Tuesday and the battered pound rose as markets digested Britain's vote last week to leave the European Union.
Shares of Los Angeles-area biotech firm Xencor Inc. soared Tuesday by 32% after the company announced a deal with Swiss drug giant Novartis.
A new Marketplace-Edison Research poll published Tuesday found that a full 71 percent of respondents agree that the economy is rigged, affirming the popular rhetoric of the current presidential campaign season.
WASHINGTON U.S. economic growth slowed in the first quarter but not as sharply as previously estimated, and while there are signs of a pickup in the second quarter, analysts worry Britain's vote to leave the European Union could hurt activity later ...
Federal Reserve Governor Jerome Powell said global risks have shifted further to the downside after Britain's vote to exit the European Union, introducing new uncertainties that may merit reassessing monetary policy.