President Barack Obama's expansive executive action on immigration is good for the U.S. economy - just not as good as partnering with Congress on broader reforms.
Britain's Aviva says it is in talks to buy another insurer, Friends Life for over 5.6 billion pounds ($8.8 billion) in a deal that would create the country's leading insurance, savings and asset management company by number of customers.
Egypt's prime minister says his government will host a three-day international economic conference in the Red Sea resort of Sharm el-Sheikh starting March 13 to support the country's economy.
This year's flurry of corporate mergers may not pay off for shareholders in the long run, but one thing is for sure: The bosses who are selling their companies will do just fine.
Unemployment rates fell in 34 U.S. states in October, a sign that steady hiring this year has been broadly dispersed through most of the country.
Colorado has granted a charter for the first financial institution to serve the state's cash-only marijuana industry. But action by the National Credit Union Administration and the Federal Reserve is needed, and pot's still illegal under federal law.
Artillery booms. A trench comes into view. Soldiers huddle into their overcoats for warmth. The scene is the unlikely backdrop for a holiday commercial that has many Britons reaching for hankies - and others demanding it be pulled from the air.
China's central bank unexpectedly slashed interest rates on Friday to re-energize the world's No. 2 economy, joining a growing list of major economies that are trying to encourage growth in the face of a global slowdown.
Americans bought homes in October at the briskest pace this year, a sign that the sluggish housing market is turning around.