Video

They're not called Zuckerbucks but Facebook just reinvented digital money. Facebook's Libra cryptocurrency that will launch early next year is more like PayPal than Bitcoin — it's designed to be easy enough for everyone to use. But it's…
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From the railroad and steel consolidations brokered by John Pierpont Morgan on Wall Street more than a century ago, to banking consolidation, the financial crisis and Jamie Dimon's leadership, J.P. Morgan Chase has been at the center of…
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Bitcoin was on the rise Thursday morning after a sell-off overnight. It hit a price of nearly $14,000 on Wednesday.
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Trading has been suspended at Woodford Investment Management's flagship Equity Income Fund, after one of the biggest failures in fund management history. The fund is run by Neil Woodford, the UK's most high-profile fund manager. Client…
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If mobile payment apps became as popular in the US as they are in China, banks would lose a projected $43 billion in revenue annually. Bloomberg QuickTake explains how cheap and easy payments by phone are threatening one of the banking…
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