Economy

More than 1,200 infected with measles in Brazil; 6 dead

Aug 14, 2018

Brazil's Health Ministry says more than 1,200 people have been infected in a growing measles outbreak linked to cases imported from neighboring Venezuela

US retailers small companies rally as Turkey fears ease

Aug 14, 2018

Gains for retailers and small and medium-sized companies lead U.S. indexes higher as investors' fears about the Turkish currency crisis ease

Markets Right Now: US stocks close broadly higher

Aug 14, 2018

U.S. stocks rallied as banks, retailers, and smaller companies jumped. The gains helped the market recover most of its losses over the previous two days.

Royal Bank of Scotland fined $4.9B for housing bubble role

Aug 14, 2018

Royal Bank of Scotland will pay a $4.9 billion fine to settle allegations it misrepresented the types of mortgages it sold to investors during the housing bubble that ultimately led to the 2008 financial crisis

Turkish leader talks big, but can be pragmatic in crises

Aug 14, 2018

Combative and pragmatic, Turkish President Recep Tayyip Erdogan is still searching for way out of the country's currency crisis and feud with the United States

The Latest: Turkey says it will help firms hit by turmoil

Aug 14, 2018

Turkey's finance minister says his government is working on steps to help banks and support companies affected by the currency crisis.

Turkey's Erdogan vows US boycott, but diplomats resume talks

Aug 14, 2018

The Turkish currency has stabilized near record lows as investors gauge the government's next move to avoid a full-blown financial crisis.

Icahn ends Cigna-Express Scripts campaign, shares bounce

Aug 14, 2018

Shares of Express Scripts rose in early trading Tuesday after activist investor Carl Icahn ended his short-lived fight to scuttle Cigna's takeover of the pharmacy benefit manager

Global markets stabilize as Turkey jitters ease

Aug 14, 2018

Most global stock markets have steadied as worries subside over Turkey's currency crisis and its potential impact on other countries.

Indian rupee falls to all-time low against dollar

Aug 14, 2018

Indian rupee falls to all-time low against U.S. dollar on worries Turkey financial crisis

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