U.S.

GAO Report - Big Banks Fail Living Will Test

As many as half of the large banks including J.P. Morgan Chase Bank (JPM, quote), that just reported a earnings beat, failed the Government  Accountability Office’s or GAO’s Living Will Test.  That 4 out of the 8 largest banks here in the U.S.

China's Exports Surge, Imports Dip

China’s exports in yuan-denominated terms surged 18.7 percent year on year in March, while imports dipped 1.7 percent, customs data showed on Wednesday.

Australia To Bring 'Largest Ever Trade Mission' To China

Representatives from more than 1,000 Australian businesses will be part of Australia’s “largest ever trade mission” to China this month, following the signing of the China-Australia Free Trade Agreement (ChAFTA).

Facebook Continues To Struggle With Europe's Privacy Laws

Social media giant Facebook Inc (FB, quote) has been caught up in a great deal of controversy in Europe over the past year, as users complain that the firm’s privacy policies don’t align with those that govern each EU country.

The Argument Against A Rate Hike

The Federal Reserve’s upcoming December meeting is likely to result in an interest rate hike; the majority of analysts are expecting the bank to make a move.

Wilbur Ross: In next 5 years France could be the big sick man in Europe

Published on Sep 16, 2015 WL Ross & Co. Chairman Wilbur Ross and Merrill Lynch Portfolio Solutions CIO Mary Ann Bartels on the U.S. ban on oil exports, Europe and Greece.

China's New Yuan Loans Hit 6.56 Trillion Yuan In H1

China’s new yuan-denominated loans reached 6.56 trillion yuan (1.07 trillion U.S. dollars) in the first half of this year, the central bank said Tuesday.

Greece Sends U.S. Equity Futures Lower

U.S. equity futures turned sharply lower over the crisis in Greece. Most recent last night the IMF discontinues negations with the Greek government and walked away from the table.

Starwood Hotels & Resorts To Spin Off  Starwood Vacation Ownership - “SVO”

STAMFORD, Conn., Feb 10, 2015 – Starwood Hotels & Resorts Worldwide, Inc. HOT, +6.28% today announced plans to spin-off its vacation ownership business, Starwood Vacation Ownership (“SVO”), into a separate publicly traded company. In addition to accelerating Starwood’s ongoing ‘Asset Light’

US Calls for DPRK Compensation for Alleged Sony Hacking

The United States on Monday insisted on blaming the Democratic People’s Republic of Korea ( DPRK) for a cyber attack on the U.S.-based Sony Pictures Entertainment, demanding Pyongyang compensate for the damages caused.