Former bank trader Tom Hayes was sentenced to 14 years in jail on Monday after a London jury convicted him of fraudulently trying to rig the London interbank offered rate, or Libor.
The world’s benchmark oil price fell below $50 a barrel Monday for the first time in six months as a sluggish global economy and rampant oil boom keep crude markets crashing.
Senior officials at the Treasury Department and Federal Reserve questioned the benefits of high-frequency trading in U.S. Treasury markets, suggesting market overseers are building the case for new rules targeting the firms.
Ahead of the Tape: Sprint may have good news and bad news Tuesday: subscriber numbers should stabilize but it still is in danger of losing its No. 3 market-share spot.
Commodities trader Noble Group needs to stanch the bleeding. It better hope someone comes quickly.
Half-year results at International Consolidated Airlines and Aer Lingus point to a widening gap in profitability ahead of their deal.
If the Fed has last-minute doubts about raising rates, then Monday’s ISM manufacturing report could provide clarity.
Competition is growing in fitness wearables, and FitBit can’t afford to slip.
High-level efforts to complete a major Pacific trade agreement ended without resolution amid deep differences over trade in dairy and other products.
An ETF-type bitcoin investment, full of risks, is struggling for acceptance.