Three Wall Street trade groups say the CFTC's policy governing overseas trades is lacking in several areas.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
Canada’s dollar fell to the lowest level in three years as central-bank Governor Stephen Poloz warned of the risks of low inflation, spurring speculation interest-rate cuts may be considered.
A long time ago some big banks decided that it would be good to sell interest-rate derivatives. To do that they needed an interest rate on which to sell derivatives. Various possibilities presented themselves -- Treasury rates or whatever -- but the interest rates that the banks themselves paid on...