A person with knowledge of the process says a Bahrain-based private equity firm is in exclusive talks to buy seven-time European champion AC Milan and become the Italian league’s first Middle East investor

President Joe Biden says he plans to nominate Michael Barr to be the Federal Reserve’s vice chairman of supervision

Stocks fell on Wall Street Thursday as investors reviewed the latest economic data and corporate earnings amid lingering concerns about inflation and rising interest rates

Four big banks reported noticeable declines in their first quarter profits on Thursday, as the volatile markets and war in Ukraine caused dealmaking to dry up and a slowdown in the housing market caused the mortgage market to slow

World shares are mostly higher after China indicated its central bank will ease reserve requirements for banks to counter the blow to its economy from pandemic shutdowns in big cities like Shanghai

Asian shares are mostly higher after an advance on Wall Street that ended a three-day losing streak

Sri Lanka’s prime minister is offering to meet with protesters occupying the entrance to the president’s office, saying he would listen to their ideas for resolving the economic, social and political crisis facing the country

JPMorgan Chase said its first quarter profits dropped by 42% from last year, partly because the bank had to write down nearly $1.5 billion in assets due to higher inflation and Russia’s war in Ukraine

Stocks are managing to post modest gains in the early going on Wall Street Wednesday