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After SNB shock, 'Swiss Made' may mean more expensive

"Swiss Made" has traditionally stood for quality, precision and reliability. But after a shock move to scrap the cap on the franc, it could convey a less attractive message: Made more expensive.


Citi profit plunges on legal settlements and fall in bond revenue

Citigroup Inc said its quarterly profit dropped 86 percent, hurt by legal settlements and falling bond trading revenue, sending the bank's shares down more than 4 percent.

Goldman Sachs profit hit by weak fixed-income trading

Goldman Sachs Group Inc (GS.N) reported a 7 percent drop in fourth-quarter profit as sharp market moves in December hit its bond-trading business.

Gasoline dampens U.S. inflation; mid-year rate hike in doubt

U.S. consumer prices recorded their biggest drop in six years in December and a gauge of underlying inflation was flat, which could make the Federal Reserve more cautious about raising interest rates.


Latest News

China announced fresh support measures on Friday for its slowing economy after data showed a worrying drop in bank lending and foreign investment growth falling to a two-year low.
The Ian Somerhalder and Nikki Reed engagement came as quite a surprise, but no one could ever be more surprised or shocked than Ian's ex, Nikki Reed. How is she handling the news?
The Fox News and Fox Business channels returned on Thursday to satellite TV provider Dish Network Corp's (DISH.O) lineup after both sides agreed to a multiyear deal.
“Pokémon Omega Ruby and Alpha Sapphire” will release a new Pokémon named Hoopa. The Mythical Pokémon is the first of its kind to join the roster in the Pokémon game series.
Kate Middleton is already 5 months pregnant. What could be the baby's gender? Duchess of Cambridge spotted roaming around Art Room in London with baby bump.
Are Leonardo DiCaprio and Rihanna a couple? The rumored pair got people talking when the two locked lips at the Playboy Mansion
The White House on Thursday said legislation was not necessary to settle so-called "net neutrality" rules because the Federal Communications Commission had the authority to write them.
GTA 5 for PC will be released on March 24, 2015. This has been the second time that the release date of the game was moved.
Are Chris Brown and Karrueche Tran going to get married soon? The court has decided to revoke the rapper's probation over the Rihanna case. Chris Brown now wants to make sure his lady love is well taken care of.
Brent crude oil rose more than $2 to around $50 a barrel on Friday after the West's energy watchdog forecast the market sell-off would end, although analysts said a strong rebound soon was unlikely as global output continued to outweigh demand.