February proved to be a strong month for U.S. stocks, even though it ended in downbeat fashion. Major stock indexes closed lower on Friday, capping a week of subdued trading that still delivered a couple of new highs for the Dow Jones industrial average ...
Federal Reserve Vice Chairman Stanley Fischer said the central bank's massive asset purchases were a "critical means" for stimulating the economy with interest rates near zero, though they still may pose a risk.
Washington - The U.S. economy slowed much more sharply in the final 3 months of the year than initial estimates, reflecting weaker business stockpiling and a larger trade deficit.
Robert �Bob� Benmosche, who pulled the world's largest insurance company back from the brink in the wake of the financial crisis, has died, aged 70.
LONDON: Crude oil futures rebounded on Friday and Brent headed for its first monthly gain since June, helped by strong investor inflows, an improving demand outlook and supply outages.