NEW YORK — The drop in a key interest rate to a 66-year low is a sign of one thing — fear. Traders don’t actually think a Treasury note paying 1.62 percent is a good investment. They just trust Uncle Sam to keep their money safe if Europe falls apart.
NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs.
CHARDON — A 17-year-old will be tried as an adult in the school shooting deaths of three students, a juvenile court judge ruled Thursday after hearing a sheriff’s deputy describe how the teen wore a T-shirt with the word “Killer” and admitted shooting people.
TAMPA, Fla. — The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank.
ATHENS, Greece — Critical talks to form a governing coalition in crisis-struck Greece foundered once more, leading the country one step closer to new elections — and bringing its continued presence in the euro into serious doubt.
WASHINGTON — JPMorgan Chase faced intense criticism Friday for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy to manage financial risk.
DAMASCUS, Syria — Twin suicide car bombs exploded outside a military intelligence building and killed 55 people Thursday, tossing mangled bodies in the street in the deadliest attack against a regime target since the Syrian uprising began 14 months ago.
PARIS — The day after Francois Hollande rode to power in France on a slogan of “change now,” the conversation in Europe was already different Monday: Austerity had become a dirty word.