The Banc of California has agreed to buy PacWest Bancorp in an all-stock transaction, bringing an end to months of speculation about whether PacWest could survive on its own after the failures of three other regional banks this spring

Grocery price inflation has fallen sharply, another sign that Britain’s cost-of-living crisis is gradually easing for consumers. Annual

President Joe Biden on Friday nominated economist and World Bank official Adriana Kugler to join the Federal Reserve's powerful Board of Governors and Philip Jefferson to be the central bank's vice chair.

Treasury Secretary Janet Yellen said a cooling — but not faltering — labor market is playing a key

Shell has reported that it earned nearly $5.1 billion in the second quarter

The US is resorting to purchases of European wheat after a drought upended crop markets, pushing local prices

MILAN Italy's top insurer Assicurazioni Generali posted on Friday a 29.6% rise in nine-month adjusted net profit as

Funds targeting strategies tied to water preservation are running out of assets to invest in, as a serious

LONDON The Bank of England is expected to raise interest rates for the 14th consecutive meeting next week

From Hollywood's death-dealing Terminator to warnings from genius Stephen Hawking or Silicon Valley stars, fears have been fueled that artificial intelligence (AI)...

Jinke Properties Group Co. obtained shareholder approval to make a restructuring application with a Chinese court, a step

WALTHAM, Mass.--(BUSINESS WIRE)--Jun 9, 2023--