LONDON - First came the shock. Then fear seized world markets. As frenzied selling accelerated in Tokyo, Hong Kong and London, unfathomable amounts of wealth vanished in a matter of hours.
President Barack Obama said Friday that the U.K. vote to leave the European Union would not change the “special relationship” the country has with the United States.
To star Los Angeles investor Jeffrey Gundlach, bull markets and bear markets aren't about how much stocks have climbed or fallen, but about teamwork - whether players in the economy are working together.
BEIJING The China-led Asian Infrastructure Investment Bank (AIIB) stressed its plan to cooperate with other development banks at its first annual meeting in Beijing on Saturday, and said it was taking applications for new members.
Billionaire Kelcy Warren just won a huge hand in the biggest M&A poker game he's ever played in the U.S. oil patch. Eighteen months after Warren's Energy Transfer Equity LP began talks to acquire rival pipeline giant Williams Cos.