West Texas Intermediate crude capped the biggest weekly advance since July as the U.S. jobless rate dropped to a five-year low, bolstering the outlook for economic growth in the world’s biggest fuel-consuming nation.
Chile’s peso may be headed for a rebound after the central bank’s two consecutive reductions in borrowing costs helped the currency tumble to its weakest level since October 2011, technical indicators show.
Stocks in the Philippines, Thailand and Indonesia, the best performers worldwide during the past five years, are leading losses in emerging markets this month as foreign outflows approach a record on signs of slowing growth.
The Justice Department’s $13 billion mortgage securities settlement with JPMorgan Chase & Co. is a record and also a rarity -- Attorney General Eric Holder’s first big win against a bank at the heart of 2008’s financial crisis.
When Hugo Ramos was a teenager in La Coruna in northwest Spain, he dreamed of a good job, his own apartment and a flashy car. After a two-year recession in the country, those goals have been scaled back.
A Boston federal jury ruled against a former Ropes & Gray LLP associate who alleged the law firm retaliated when he complained of racial discrimination after failing to make partner, the National Law Journal reported.
Historians may look back at Typhoon Haiyan as a turning point in disaster journalism and the politics of climate change. For the first time, an extreme- weather catastrophe in the tropics has shrugged off its “made in Asia” label and gone global.