Hollande Says Big BNP Fine May Hit Europe Bank Stability

A potential $10 billion fine against BNP Paribas SA (BNP), France's biggest bank, for violating U.S. trade sanctions could have repercussions affecting the stability of Europe's financial sector, French President Francois Hollande warned ahead of his meeting with President Barack Obama.

Obama signs order on minimum wage

Starting in 2015, businesses with new or renewed federal contracts will have to pay their minimum wage workers $10.10 an hour.

Stocks Stir After Holiday

Stocks were slightly higher on Wall Street on Wednesday, ahead of the resumption of negotiations over the federal budget in Washington.

Weak U.S. Hiring Adds to Global Gloom

The United States economy gained a net 69,000 jobs in May, the Labor Department said Friday, a dismal showing that reflected mounting evidence of a global slowdown.