WASHINGTON (Reuters) - Federal Reserve board member Jerome Powell said on Tuesday he feared any move for the Fed and the U.S. Treasury to cooperate on debt management and other issues would undermine the central bank's independence and should be avoided.
Chinese e-commerce company Alibaba Group has won approval from China’s bank regulator to launch a private commercial bank in its home city of Hangzhou.
Shares in Chinese textile dye manufacturer Zhejiang Runtu Co. fell by 5.9% at the Shenzhen Stock Exchange today after the company’s billionaire chairman Ruan Jiagen passed away.
Faced with opposition to pipeline projects from Northern Gateway in the west to Line 9 in the east, the pipeline company nonetheless plans $44-billion on new projects over the next 4 years
A former NBA player convicted of wire fraud in an alleged real estate Ponzi scheme is seeking to have his conviction thrown out and claiming prosecutorial misconduct, among other allegations.
Both the S&P/TSX composite index and S&P 500 are approaching oversold levels, which may present a buying opportunity
Do you view your time the way a marathon runner looks at water? Or occasionally find yourself hyperventilating as you look at your daily calendar?
Today's career landscape is bizarre by Boomer standards: 23-year-olds are CEOs, working parents are running businesses out of their living rooms and work-from-home opportunities abound in almost every industry. Given these recent trends in the career industry, it's unsurprising that more and more employees are considering becoming their own boss — and many get the opportunity to do so. The "virtualization" of jobs, the influx of startup culture and the rise of the gig economy are all contributing factors to increasing opportunities for self-employed workers. See also: How the Sharing Economy and Instant Gratification Will Shape Your Career Read more...More about Freelance, Job Search Series, Business, Jobs, and Mashable Careers
E-commerce company eBay said Tuesday that it is spinning off its mobile payment service PayPal into a separate and publicly traded company next year.
Online streaming music service Spotify is now available in Canada, five years after the Swedish company announced plans to expand.
NEW YORK (Reuters) - U.S. consumer confidence fell in September to its lowest level since May on concerns over the job market and economic growth, according to a private sector report released on Tuesday.
Fourteen of the FORBES 400 members own pro basketball teams. Can any of them actually play the game, too? Here's a scouting report on Ballmer, Cuban and company.
General Cable has postponed its $250 million offering of five-year senior bullet notes due to market conditions, according to sources. Pricing was originally expected today following a roadshow, via bookrunners J.P. Morgan, Bank of America, Credit Agricole, Deutsche Bank, and HSBC, according to sources.
California would become the first state to allow family members to petition judges to take away relatives' guns if they are deemed to be dangerous under a bill facing a Tuesday deadline for action by the governor.
U.S. consumer confidence dropped in September after hitting the highest level in nearly seven years in August.
Worldwide tablet computer sales, thought to be the next area of significant growth for the technology industry, may have peaked in the first half of this year.
Venture capitalists will raise big money in 2014, the Blackberry marketplace will decompose faster than imagined and it's better to think of Bitcoin as a commodity than a currency, according to Silicon Valley VC firms Foundation Capital and Bain Capital Ventures.
Given the success of so many technology companies it is no surprise that many investors want to find the next Alibaba, Whatsapp or Uber at an early stage. We only hear about the success stories from angel investors at cocktail parties but most angel investors will tell you from experience