bank

Japan Cuts Interest Rate to Zero

Japan's central bank has cut its key interest rate to a range of 0% to 0.1%, effectively introducing a zero-interest-rate policy. The unanimous vote came Tuesday after a two-day meeting of the Bank of Japan's nine-member policy board.

Is Your Money Safe? Hacker Finds ATM Flaws

In a highly anticipated demonstration at the Black Hat computer-security conference in Las Vegas, IOActive director Barnaby Jack hacked into two ATMs using two different techniques. He's found a flaw in every ATM he's looked at, he told an applauding audience.

Goldman Sachs Earnings Tumble on SEC Settlement

Goldman Sachs earnings fell sharply in the second quarter, hurt by its $550 million settlement with the Securities and Exchange Commission and a U.K. payroll tax. But on an adjusted basis, the investment bank's profits easily topped expectations.

Under the Radar: A 'BP' That Looks Like a Good Buy

Shares of Puerto Rico's Banco Popular have fallen about 27% this year leading some to declare that it is among the least expensive big banks in America. Investing expert Hilary Kramer explains why the stock has upside potential.