Financial Markets

Markets Right Now: Stocks surge to biggest gain since March

Oct 16, 2018

Stocks are surging on Wall Street, clawing back some of the ground lost last week, after several big U.S. companies reported standout results.

Japanese bank Nomura to pay $480M for role in housing crisis

Oct 16, 2018

Japanese bank Nomura to pay $480 million to US authorities for its alleged role in the housing market bubble

UK wages grow at fastest in a decade but Brexit casts shadow

Oct 16, 2018

Wages in Britain are rising at their highest rate in nearly a decade, which should shore up living standards as the country navigates the final few months of the Brexit discussions.

Asian shares up on hopes that US, China will solve dispute

Oct 16, 2018

Asian shares up on hopes that US, China will resolve trade dispute

US budget deficit hits highest level in 6 years

Oct 15, 2018

The federal budget deficit has surged to $779 billion in fiscal 2018

Markets Right Now: Stocks end a wobbly day broadly lower

Oct 15, 2018

After a wobbly day of trading, U.S. stocks closed broadly lower for the seventh time in eight days as technology companies continued to slide.

Iceland seeks financial crash closure with last prosecution

Oct 15, 2018

Ten years after becoming one of the symbols of the 2008 global financial crisis, Iceland is still dealing with the aftermath

Global stocks mostly slip on continuing global trade worries

Oct 15, 2018

Global stocks are mostly down amid worries about global trade and prospects for economic growth.

Asian stocks slip on continuing global trade worries

Oct 15, 2018

Asian stocks are slipping as investor worries continue about global trade tensions and prospects for economic growth

Iran's president seeks to downplay US oil sanctions

Oct 14, 2018

Iran's president is trying to downplay U.S. sanctions targeting the country's vital oil and gas sector that are set to be imposed next month