UBS Group AG has formally offered to buy the struggling Credit Suisse for up to $1 billion, the Financial Times reported on Sunday. In order to accelerate the deal, the Swiss government will look to change the country's laws...

Mexico's central bank governor Victoria Rodriguez Ceja is still considering whether or not to implement an interest rate hike that is lower than last month's 50 basis point hike. The governor, who was attending the country’s annual banking convention,...

Contrary to the U.S. government's campaign to end fossil fuels, a report released by the Energy Information Administration (EIA) on Thursday projects that U.S. oil production will remain at historically high levels through 2050 despite the adoption of renewable...

Individuals and businesses are finally getting a service that will allow them to make and receive instant payments 24/7, 365 days a year. And it is coming courtesy of the Federal Reserve. Fed announced on Tuesday that its instant payment...

U.S. retail sales fell by 0.4% in February; a decline that is expected to have come due to the previous month's outsized increase. Despite the decline, the underlying sales momentum remained strong, with the economy continuing to expand. January...

Boeing confirmed on Tuesday that it secured an order for 78 of its Boeing 787 Dreamliners from Saudi Arabia-based airlines Saudi Arabian Airlines and Riyadh Air. The agreement also comes with an option to buy 43 additional airplanes. According to...