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Fed Finally Lifts Key Interest Rate From Near Zero

The Federal Reserve is raising interest rates after seven years of record lows. But it's signaling that further rate hikes will likely be made...

U.S. House Democrats To Seek Testimony From Valeant In Coming Weeks

Democrats on a U.S. House of Representatives panel are planning to call Valeant Pharmaceuticals (VRX.TO) Chief Executive Michael Pearson to testify in early 2016...

China Central Bank Sees Economic Growth Slowing To 6.8 Percent In 2016

China's annual economic growth is likely to slow to 6.8 percent next year from an expected 6.9 percent this year, the People's Bank of...

Oil Falls On U.S. Supply Build, Expected U.S. Rate Hike

Oil fell on Wednesday on fresh evidence of growing global oversupply and as investors awaited the outcome of a U.S. Federal Reserve meeting where...

As End Of Fed’s ‘Free Money’ Nears, Consumers Still Likely To Spend

Judged by how long it has been going on, the current U.S. economic expansion should be on its last legs, but the mood in...

FG To Begin Gradual Withdrawal Of Fuel Subsidy By 2016

SAN FRANCISCO, December 15, (THEWILL) – Having come to the realisation that the funding of fuel subsidy which gulped over N1trn in 2015 was...

OPEC Says Low Oil Price Won’t Continue, May Rise Within A Year

...OPEC doesn't have a target price, looking for fair rate ...Any U.S. decision to export crude will not impact oil prices Global crude oil prices at...

Stock Futures Higher As Oil Edges Up; Fed In Focus

U.S. stock index futures were higher on Tuesday, ahead of a widely expected increase in interest rates later in the week, as crude oil...

U.S. trade body declines Nvidia’s review petition against Samsung

A U.S. trade body on Monday upheld its earlier decision that rejected Nvidia Corp's claims of patent violation by Samsung Electronics Co and Qualcomm...

Oil Edges Up As Multi-Year Lows Trigger Buying

Oil prices edged higher on Tuesday as a slump to near 11-year lows in the previous session triggered investors' buying appetite. Brent crude, the global...