The US economy grew at its fastest rate for two and a half years in the second quarter after a broad-based pick-up in activity, boosting hopes of a sustained recovery.
General Motors confirmed another massive recall of cars on Sunday – adding to the record near 15m vehicles the auto giant has called in so far this year.
This has been an unusual year for the global economy, characterised by a series of unanticipated economic, geopolitical, and market shifts – and the final quarter is likely to be no different.
Six years to the week after the biggest US bank bailout, the Federal Reserve ended its quarterly two-day meeting by keeping interest rates stable and detailing its intentions to exit from a five-year-long stimulus plan.
Royal Bank of Scotland's US arm, Citizens, could be valued at more than $14bn (£8.5bn), the bailed-out bank has indicated, as it pushed the button on the sale of the business.
The US added 142,000 jobs in August, the lowest figure this year and one that ends a streak of months in which the economy added more than 200,000 new positions.
America’s fast food workers are planning their biggest strike to date this Thursday, with a nationwide walkout in protest at low wages and poor healthcare.
Geopolitics in the Middle East and Eastern Europe has dominated financial headlines. But investors should focus more on the U.S. recovery and the Federal Reserve 's response as market drivers.
Federal Reserve chairwoman Janet Yellen said on Friday that the US economy was improving but warned there was a “possibility that the severe recession caused persistent changes in the labour market’s functioning”.
Quantitative easing (QE) programs by central banks under the right conditions will always have a positive outcome for household demand, according to Willem Buiter, chief economist at Citi, who predicts that Japan and the euro zone will soon launch "massive" stimulus packages.
The Dow Jones index has soared through the 17,000 barrier to a record high after US data showed a bigger-than-expected surge in job creation last month.
It is probably Silicon Valley's most striking mantra: “Fail fast, fail often.” It is recited at technology conferences, pinned to company walls, bandied in conversation.
Federal prosecutors in New York have accused a Costa Rica-based company and its founder of running a $6bn money-laundering scheme that became a "bank of choice for the criminal underworld".