Members of the Federal Open Market Committee agreed Wednesday to increase the federal funds rate by 25 basis points.
December 16, 2015 | 01:51 pm
BATS Global Markets on Wednesday filed with the SEC for an initial public offering to raise $100 million.
December 16, 2015 | 04:00 pm
The Federal Reserve announced on Wednesday it had decided to raise rates for the first time since 2006, voting to move the federal funds rate target range to 0.25% to 0.50%.
December 16, 2015 | 03:42 pm
A majority of global money managers expect the Federal Reserve to raise rates three or more times over the next year, said Bank of America Merrill Lynch's latest monthly fund manager survey.
December 15, 2015 | 03:54 pm
U.S. corporate pension plans could reach full funding in 2018 as a result of the Federal Reserve raising interest rates, said a report from Moody's Investors Service released Monday.
December 14, 2015 | 01:16 pm
Nasdaq will acquire Chi-X Canada, an alternative trading system for Toronto Stock Exchange and TSX Venture Exchange securities, from Chi-X Global Holdings.
December 09, 2015 | 12:29 pm
Traders short the euro vs. the U.S. dollar got a rude awakening Thursday when the currency spiked more than 3% against the dollar. The European Central Bank underwhelmed market expectations with its...
December 03, 2015 | 04:02 pm
Chicago Public School Teachers' Pension & Retirement Fund sued Bank of America, Barclays, Goldman Sachs, J.P. Morgan Chase and 30 other investment banks or their units, accusing them of...
December 03, 2015 | 03:44 pm
The latest announcement by the European Central Bank on its quantitative easing program has left executives in the money management industry underwhelmed and disappointed.
December 03, 2015 | 01:33 pm
The collapse in oil prices, aggressive policy easing abroad and the surge in the dollar have pushed yields down over the past year and forced the Fed to delay the normalization of policy. Only now is ...
December 03, 2015 | 10:45 am
The promise of blockchain technology in financial services could apply to foreign-exchange trading in the future, but for now, sources said, FX isn't ready to cash in on the technology behind bitcoin.
November 30, 2015
Passive strategies choosing to exclude or tilt away from fossil fuels and carbon can do so without compromising investment performance, said a new paper by S&P Dow Jones Indices.
November 30, 2015 | 01:50 pm
The International Monetary Fund’s executive board announced Monday that effective Oct. 1, the Chinese renminbi will be included in the Special Drawing Rights basket for the first time.
November 30, 2015 | 01:16 pm
The Federal Open Market Committee has kept its key federal funds rate at near zero for more than seven years. This is a mistake. The longer we stay on this path, the further we are from where we need ...
November 30, 2015
Japan’s GDP for the third calendar quarter of 2015 showed weakness, much like the consensus expectation, but once again, this kind of negative result should not cause much concern at all for...