U.S. services sector expands in September

The U.S. service sector expanded in September at a faster pace than expected, according to a report released on Monday. The Institute for Supply Management's services index rose to 50.9 last month

Wall Street rises after services sector data

Stocks rose on Monday after data showed the services sector expanded more than forecast in September, following 11 months of contraction. The Institute for Supply Management's non-manufacturing index for September read 50.9

UK bank liquidity rules phased in over years

Britain's financial watchdog said on Monday that banks will have several years to comply with tougher liquidity rules aimed at ensuring the sector can navigate sudden market storms without government help. "Phasing