WASHINGTON (Reuters) - U.S. financial regulators have begun work on a proposal to "streamline" the Volcker Rule banning banks from making risky bets with their own money, the country's top banking regulator said on Friday, in a development that will be ch
(Reuters) - Nike Inc's shares surged to a two-year high on Friday after two Wall Street brokerages said the footwear maker's profitability would soon reap the benefits of its recent move to sell directly to consumers.
Investigators have still not discovered what motivated Stephen Paddock to embark on the worst mass shooting in modern U.S. history but determined that he researched SWAT tactics ahead of the massacre and investigated other possible targets, including the
NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, flirting with their biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges
German Chancellor Angela Merkel is expressing optimism that a weekend meeting by the rival Social Democrats will lead to coalition talks with her conservatives that could end months of tense political limbo in Europe's leading economy.
NEW YORK (Reuters) - Fitch Ratings said on Friday its top AAA debt rating for the United States would not be directly impacted by a possible federal shutdown, which will begin on Saturday if lawmakers fail to clinch a deal to fund the government.
Europe's border watchdog says the number of migrants and asylum-seekers coming across the western Mediterranean route to Europe this year is likely to increase, after 2017 closed with more than twice the traffic of the previous year.