NUSA DUA, Indonesia - The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add $1 trillion to the global economy
- Nobel economics winner Fama says risk of global recession in 2014
- Bank of Japan Governor Kuroda warns against overly complex forward guidance
- ThyssenKrupp says keeping its European steel unit
- Judge rejects consumers' bid to block American-US Airways merger
- AT&T aims to sidestep shareholder request on surveillance data
Recent Business News
- The city of Los Angeles has filed a lawsuit against Bank of America in U.S. federal court in California, accusing it of discriminatory mortgage lending in the city's minority communities.
- Commodity Futures Trading Commission chief Gary Gensler has convinced regulators to insert new language into the Volcker rule restricting foreign banks from evading the rule, Bloomberg reported on Friday.
NEW YORK - U.S. companies are sounding the alarm on fourth-quarter earnings, lowering profit estimates just as the stock market is poised to end its best year since 1998.
CHICAGO - A top Federal Reserve official, who has been one of the most ardent supporters of the U.S. central bank's bond-buying stimulus program, said he was open to curtailing the purchases this month, although he would prefer to wait. | Video
Today's jobs report showed that the US economy added 203,000 jobs in November, and the unemployment rate fell to 7.0% for the first time since recession.