US federal prosecutors revive a 30 year old law to prosecute Wall Street banks that sold toxic loans in 2008.

SEC's persistence to pursue the case against Fabrice Tourre, Goldman Sachs' junior salesman, may backfire.

The production of next-gen Chevrolet Cruze will be delayed by a year after sources familiar with the deal said that it's more likely to start in December 2015.

The shares of General Electric have reached its highest level since the financial crisis of 2008. General Electric (GE) shares were at their highest level since 2008.

Greek workers took to the streets their opposition over the proposed plan to retrench state workers.

The credit rating of “AAA” of the US was affirmed by Moody. Moody's Investor Services affirmed the United States' credit rating of AAA. The main reason for the affirmation was a shrinking budget deficit.

Consumer inflation was recorded at 0.5% last June, a figure that exceeded economists projections to reach about 0.3%.

Spanish lender BBVA agrees to sell its Panama unit for US $646 million in favor of Colombia’s second biggest banking conglomerate.

Visco of ECB stressed the importance of communication in an exit strategy. Ignazio Visco, a member of the European Central Bank Governing Council, stated that central banks needed to work on improving communication when it comes to exiting from an unprecedented monetary policy.

After reports of Apple's buyout of HopStop.com, another startup was acquired by the tech giant.