NEW YORK Global stock markets slumped and the U.S. dollar rallied on Friday after a key U.S. jobs report painted a mixed picture of the labor market and left investors with a muddled view on interest rate hike prospects.
China has something of a difficult problem to solve in its financial sector: how to balance the growth of banking services outside the state owned and dominated banks and yet also how to make sure that the shadow banking system doesn't run away with ...
Treasury two-year notes fell as a report showing stronger U.S. wage growth in January prompted traders to boost wagers that the Federal Reserve will raise interest rates in 2016.
Wal-Mart Stores logo 1st Global Advisors Inc. reduced its stake in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 7.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
Wall Street's short winning streak came to a brutal end Friday as a disappointing jobs report sent stocks skidding and the Nasdaq composite to its lowest level in more than 15 months.