NEW YORK (Reuters) - U.S. stocks fell sharply on Monday, with both the Dow and S&P 500 suffering their biggest one-day declines in about three months on concerns that economic problems elsewhere could hurt the United States.
NEW YORK (Reuters) - The selloff in global oil markets showed little signs of slowing in the new year, with prices down as much as 6 percent on Monday, the lowest since spring 2009, as fears deepened a supply glut that has vexed the market for six months would continue.
(Reuters) - New capital rules that penalize big banks could add pressure to JPMorgan Chase & Co to break itself up to boost its stock price, a prominent stock analyst from Goldman Sachs Group Inc wrote on Monday.
NEW YORK (Reuters) - The U.S. Federal Bureau of Investigation is looking into what Morgan Stanley said was the theft of wealth-management client data by a former employee, a person familiar with the matter said on Monday.
NEW YORK (Reuters) - JPMorgan Chase & Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market.
WASHINGTON (Reuters) - The White House said on Monday that U.S. President Barack Obama believes the proposed Keystone XL pipeline would have little impact on U.S. gas prices but a spokesman would not say whether he would veto Republican legislation related to the project.
NEW YORK (Reuters) - Saudi Arabia made deep cuts to its monthly oil prices for European buyers on Monday, a move some analysts said reflects the kingdom's deepening defense of market share, although it also hiked prices in Asia from record lows.
DETROIT (Reuters) - Automakers reported strong December U.S. sales on Monday, boosted by falling gasoline prices, but industry executives and analysts cautioned that growth would slow in 2015 after five years of rapid recovery from the recession.