The Chinese government forbids foreign ownership of a broad range of Chinese businesses, including those that run websites. Despite this, despite endless rules meant to repel foreign capital migrating ...

Before the 1970s currency markets were near non-existent. There was really no reason for them as currencies were concepts, or measures of value. The dollar was defined as 1/35 th of a gold ounce, and ...

Add Yahoo as a preferred source to see more of our stories on Google. Paul A. Volcker, one of our country’s great economic statesmen, passed away last week at the age of 92. He served in many senior ...

Former Federal Reserve Board chairman Paul Volcker said that despite the messiness and unpredictability of the financial reform process in Washington, the U.S. is on the verge of becoming an example ...

Details of how the Obama administration is considering clamping down on big financial firms under the “Volcker rule” circulated on Wednesday. Under the rule, named for Paul Volcker, the Obama ...

Paul Volcker, the former Federal Reserve chairman who broke the back of U.S. inflation in the 1980s and three decades later led President Barack Obama’s bid to rein in the investment risk-taking of ...

It will always be saved. By Kyla Scanlon Gas lines and quadrupling oil prices freaked out American consumers. But the oil crises also transformed global finance. By Jeff Sommer Consensus may be a ...

The interest rate on the 10-year U.S. Treasury note hovers around 1.75% while the annual rate of inflation nears 7%, suggesting that investors believe high inflation is temporary. Evidently the market ...

Updated at 10:30 a.m. ET Former Federal Reserve Chairman Paul Volcker, the closest thing to a rock star economist this country has seen, died Monday at 92, NPR has confirmed. He reportedly had ...

Earlier this month on CBS’s "60 Minutes," Federal Reserve Chairman Jerome Powell sat down for an interview with longtime correspondent Scott Pelley. While the interview was light on actionable ...