Phillip R. Bennett was sentenced for a financial cover-up that brought down one of the world’s largest commodities brokerages.

The unemployment rate held steady as 62,000 jobs disappeared in June, the Labor Department reported.

The European Central Bank, spooked by soaring prices for food and fuel, raised its benchmark interest rate a quarter of a percentage point to 4.25 percent.

In a study analyzing the last tech bubble, two professors found younger and less experienced fund managers became more swept up in the euphoria and suffered greater losses.

Chinese steel mills have reached an iron ore agreement with the mining company BHP Billiton in line with the near-doubling of prices won by BHP’s rival Rio Tinto.

The Russian government sought to make Bank of New York Mellon liable for $22.5 billion in damages for a money-laundering scandal that helped undermine Russia’s economy.

The United States service sector shrank unexpectedly in June, according to a closely watched survey, while inflation pressures soared to a record high for the survey’s 11-year history.

Starbucks’s biggest mistakes and greatest challenges boil down to three words: location, location and location.

A former Morgan Stanley vice president and her husband, a former hedge fund analyst at ING Investment Management, agreed to settle federal regulatory claims that they illegally traded stocks using inside information.

Chinese steel mills have reached an iron ore agreement with the mining company BHP Billiton in line with the near-doubling of prices won by BHP’s rival Rio Tinto.