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JPMorgan Chase and Goldman Sachs have seen mixed results from their investment businesses

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JPMorgan Chase and Goldman Sachs have seen mixed results from their investment businesses. JPMorgan reported an 8% fall in Q2 2014 profits after declines in...

Billionaire Richard Mellon Scaife helped finance the election campaigns of Republican Presidents Richard Nixon and Ronald Reagan

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Billionaire Richard Mellon Scaife has died aged 82.Richard Mellon Scaife’s death comes less than two months after he had announced he had an untreatable...

Japan’s inflation rose at an annual rate of 3.4 percent in May 2014, the fastest pace in 32 years

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Japan’s inflation rose at an annual rate of 3.4% in May 2014, the fastest pace in 32 years, as the effect of the sales...

Stock markets dipped in early Monday trading as fresh data presented a mixed economic picture in the US

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Stock markets dipped in early Monday trading as fresh data presented a mixed economic picture in the US.US consumer price inflation rose 0.4% month-on-month...

The Covidien deal will allow Medtronic to take advantage of a so-called tax inversion, by moving its headquarters to a European country with lower taxes

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Medtronic Inc. is to buy Irish Republic-based Covidien PLC in a $42.9 billion cash and shares deal. The US medical device maker's wide portfolio includes...

Pope Francis fired the entire board of the Vatican's financial regulator

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The entire board of the Vatican's financial regulator has been dismissed by Pope Francis as he looks to reform the city-state's banking practices following...

US shares closed at record levels, helped by strong data on the manufacturing sector

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US shares closed at record levels, helped by strong data on the manufacturing sector. The Dow Jones rose 26 points to close at 16,743, its...

Phil Mickelson has won five major championships and is one of the US's highest-paid sportsmen

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Golfer Phil Mickelson and Las Vegas gambler William Walters are being investigated by the FBI over a possible insider trading involving billionaire investor Carl...

Car insurance premiums tend to be more expensive for poor people.

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Every year numerous minor changes are made to the rules of the road, and the legal obligations of car owners, which then mean the...

George Osborne has announced that a small number of measures are to be put in place in order to help motorists

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George Osborne has announced that a small number of measures are to be put in place in order to help motorists. The announcement came...

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It’s safe to assume everyone wants to have a comfortable and secure retirement someday.  This dream is definitely one of the main motivations that we...

Credit Suisse has agreed to pay $885 million to settle claims it mis-sold mortgage-backed securities in the US before the financial crisis

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Credit Suisse has agreed to pay $885 million to settle claims it mis-sold mortgage-backed securities in the US before the financial crisis. The Swiss bank...

Russian stock market fell sharply as investors weighed the impact of western sanctions over Ukraine

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Russian stock market fell sharply on Friday as investors weighed the impact of western sanctions over Ukraine. The MICEX index, which is priced in roubles...

Asian shares fell after the US Federal Reserve hinted that it might raise interest rates as soon as 2015

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Asian shares fell after the US Federal Reserve hinted that it might raise interest rates as soon as 2015. Hong Kong's Hang Seng index officially...

The FDIC has sued 16 banks for allegedly manipulating the LIBOR

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The US Federal Deposit Insurance Corporation (FDIC) has sued 16 banks for allegedly manipulating the London interbank offered rate (LIBOR). The LIBOR rate is used...

Lamido Sanusi caused shockwaves in Nigeria when he alleged that $20 billion in oil revenue had gone missing

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Lamido Sanusi - Nigeria's central bank governor - has been suspended by the president pending investigations into "far-reaching irregularities". Lamido Sanusi caused shockwaves in Nigeria...

Coca-Cola shares saw their biggest fall in two years after the company’s profit fell due to slowing sales in the US and Europe

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Coca-Cola shares saw their biggest fall in two years after the company’s profit fell due to slowing sales in the US and Europe. Coca-Cola's fourth-quarter...

Morgan Stanley has agreed to pay $1.25 billion to settle a lawsuit over the sale of mortgage-backed securities

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Morgan Stanley has agreed to pay $1.25 billion to settle a lawsuit over the sale of mortgage-backed securities. The money will be paid to the...

home insurance

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Tradesman liability insurance is something that every self-employed person must have by law. There are two main parts of this insurance: public liability insurance...

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In 2014, there is a very strong likelihood that the value of the UK real estate market will increase nearly 8%. There were surprise...

Janet Yellen has been confirmed by US Senate as the next head of the Federal Reserve

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Janet Yellen has been confirmed by US Senate as the next head of the Federal Reserve. Fifty-six senators voted in favor of Janet Yellen with...

Latvia became the 18th member of the group of EU states which uses the euro as its currency

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Latvia has joined the eurozone as of 1st of January 2014, becoming the 18th member of the group of EU states which uses the...

As many as 40 million debit and credit cards were compromised during a Target data breach

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JPMorgan Chase customers will be limited to $100 in cash withdrawals and $300 in total purchases per day if they used Chase debit cards...

Global stock markets rallied after the US Federal Reserve's commitment to keep interest rates low offset its decision to taper its stimulus programme

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Global stock markets rallied after the US Federal Reserve's commitment to keep interest rates low offset its decision to taper its stimulus programme. Germany's Dax...

The European Commission has fined eight banks a total of 1.7 billion euros for forming illegal cartels to rig interest rates

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The European Commission has fined eight banks a total of 1.7 billion euros for forming illegal cartels to rig interest rates. The cartels operated in...

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