The hedge fund SAC Capital received between $2 billion and $3 billion in requests from investors for the return of capital last week, say people familiar with the matter.
Dolly Lenz, Prudential Douglas Elliman, says smart sellers are catering to the new buyers from Asia. She believes buyers from China make up about 10 percent of the market. "That's a lot," she adds.
Can someone else patent your genes? The Supreme Court is scheduled to rule some time this month on that question. NBCNews.com reports.
Standard & Poor's upgrades the credit outlook for the world's largest economy, revising its U.S. rating to "stable" from "negative."
With gas prices spiking in parts of the country, a lot of drivers are wondering why they are suddenly shelling out more to fill up. A number of forces are at work. Here's an explainer.
McDonald's said sales at its established restaurants around the world rose 2.6 percent in May as it expanded late-night breakfasts and tweaked other menus items.
Current U.S. residents, newly legalized, under the immigration bill being debated in Congress, would generate $500 billion in real estate transactions and $25 billion in mortgage income, says a Hispanic realty group.
A U.S. Internal Revenue Service manager told investigators that he and a colleague decided to give conservative groups extra scrutiny.
In 2008, 25 percent of 3M's revenue came from new products. Today, it's 34 percent.
Apple is expected to reveal a digital radio service and changes to the software behind iPhones and iPads on Monday as the company opens its annual conference.
The auto industry is about to go on a hiring spree as carmakers and parts suppliers race to find engineers, technicians, and factory workers.
Google is close to buying Waze for $1.3 billion, an Israeli newspaper reported on Sunday, potentially trumping rival offers for the Israeli mapping start-up.
A former technical assistant for the CIA was the source of disclosures about the government's collection of Internet and telephone data, says the NY Times, citing the Guardian.
After a week of wild swings, stock bulls will try to keep control of a market that has few catalysts between May's employment report and the next Fed meeting June 19.
A misfired email from an IRS worker in Cincinnati three years ago alerted IRS officials in Washington to the extra scrutiny given to conservative groups, according to what the worker told congressional investigators.
Stocks rose with the dollar, as traders viewed the May jobs report as strong enough to signal more economic growth, but not so strong as to push the Fed toward tapering.
For the past three years investors have been buying distressed properties in bulk and pushing prices higher. Now some investors say they have priced themselves out of the market.
Mitt Romney tells Larry Kudlow that Republicans have a strong chance in the 2016 presidential election in the midst of Obama administration scandals and a lack of leadership in Washington.
Despite anticipation of a spring-into-summer swoon, the U.S. economy continued to create jobs at a relatively strong pace in May, adding 175,000 positions as the unemployment rate ticked higher to 7.6 percent.
"Today's report shows that the economy is continuing to recover," said Alan Krueger, White House Council of Economic Advisers chairman, commenting on today's better-than-expected employment report.