WASHINGTON The International Monetary Fund on Monday, as expected, admitted China's yuan into its benchmark currency basket in a victory for Beijing's campaign for recognition as a global economic power.
Shira Ovide is a Bloomberg Gadfly columnist covering technology. She previously was a reporter for the Wall Street Journal. Facebook · Twitter · Email; Print; Share.
The Federal Reserve on Monday approved new measures that will limit its ability to prop up failing banks in the event of another financial crisis, a delayed response to the controversial emergency lending programs that supported a handful of financial ...
European stocks pulled off a second monthly advance on bets the region's central bank will increase stimulus at this week's meeting.
CHICAGO Nov 30 Sales on Cyber Monday, the busiest day of the year for internet shopping, were up 14 percent from a year earlier, totalling $490 million between midnight and 10 a.m.