Economy

Schaeuble says Lagardes call to modify austerity demands is inconsistent with IMF positions.

Many more U.S. companies expect profits to trail estimates than to exceed them.

Many more U.S. companies expect profits to trail estimates than to exceed them.

S&P cut Spains sovereign debt rating to just above junk.

S&P cut Spains sovereign debt rating to just above junk.

Drop of 30,000 may reflect seasonal swing related to start of a new quarter.

Drop of 30,000 may reflect seasonal swing related to start of a new quarter.

IMF sees banks forced to sell up to $4.5 trln in assets if fiscal crisis isn't stemmed.