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The flat reading for consumer prices followed a modest 0.2 percent rise in October and declines in August and September, the Labor Department reported Tuesday.

Crude oil extended its slide on Monday, but steadied after moving within a hair of 11-year lows, on mounting fears that the global supply glut would only worsen amid the price war between leading OPEC and non-OPEC producers.

Head of global asset allocation Alain Bokobza says looking at the 2016 panorama, in which USA interest rates tighten and the economy fares reasonably well, “that does not argue for a higher gold price”. Past surveys show that many economists expected the first hike to...

President Barack Obama has warned Americans of a “new phase” of terror threats – days after the deadly shootings in San Bernardino.

Walgreens, the retail pharmacy division of Walgreens Boots Alliance Inc., “has a lot of credibility and muscle”, said Nomura analyst Shibani Malhotra, making the deal “very important for Valeant”.

That’s nearly a sideshow.

The consumer-price index, which measures what Americans pay for everything from breakfast cereal to college tuition, was unchanged in November after rising a seasonally adjusted 0.2% in October, the Labor Department said Tuesday. The latest figure was 1.3 percent core inflation...

The unemployment rate dipped to 5.2% in the three months to October, from 5.3% in the three months to September, the Office for National Statistics said.

The dollar rose against a basket of global currencies on Tuesday, as the US Federal Reserve began its two-day policy meeting where it is tipped to raise interest rates by 25 basis points.

The Seattle City Council voted 8-0 Monday to enact an ordinance giving taxi, for-hire and Uber drivers the ability to unionize. The legislation approved by the City Council Monday is seen as a test case for the changing 21st century workforce. The New York Times observes that if...

If the Fed decides on a rate hike, it’s expected that rates will go up by 25 basis points-which means that the Fed’s target for the federal funds rate will move from between 0 percent and 0.25 percent to between 0.25 percent and 0.50 percent. The timing of the next...

Non-OPEC annual supply growth shrank to below 300,000 bpd in November from 2.2 million bpd at the start of the year, according to the International Energy Agency (IEA).

One of the recommendations of the Special Investigation Team on black money was to make PAN compulsory for all sales and purchases of goods and services above one lakh.

Moody’s worldwide rating agency sharply reduced its oil price assumptions in light of continuing oversupply in the global oil markets. A USA asset management company decided last week to freeze withdrawals from a mutual fund that invests in such bonds, souring market...

In addition to getting approval from investors, the deal must also get approval from government regulators in the USA and other countries.