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More than a year after the nation’s five largest mortgage servicers signed a $26 billion legal settlement, those same servicers still need to do better, according to a new report.
FedEx reported quarterly earnings that topped analysts' expectations on Wednesday.
Interest rates on U.S. home mortgages rose last week to hit their highest level in over a year, sapping demand from potential homeowners, an industry group said on Wednesday.
The IRS is about to pay $70 million in employee bonuses, despite an Obama administration directive to cancel discretionary bonuses because of spending cuts.
Nomura bear Bob Janjuah believes he knows the reason why the Fed will begin pulling back its easing program, and it's not about anything directly related to the economy.
Yields on 10-year Treasurys have lurched 50 basis points upwards since May, and some economists now forecast yields could reach 3 percent by year-end.
Federal Reserve policymakers will likely announce they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program.
Adam Posen, president of the Peterson Institute for International Economics, highlights that while Janet Yellen is a strong candidate to succeed Bernanke, there are a number of other people who could do the job.
The 'anonymous' search engine DuckDuckGo is getting a boost off the PRISM scandal that is putting big tech companies like Google and Apple to shame.
In a week that has seen Boeing's Dreamliner meet its new challenger in the form of the Airbus A350, the U.S. firm maintains that the new European aircraft will not affect its share of the wide body market.
Vice-chair of the Federal Reserve Janet Yellen is by far the most credible successor to central bank chief Ben Bernanke, former Fed Governor Robert Heller told CNBC.
Chrysler said it has agreed to recall 2.7 million Jeep vehicles that the National Highway Traffic Safety Administration said could potentially erupt into fire if rear-ended.
Billionaire Carl Icahn proposes in a letter to shareholders that Dell undertake a tender offer for 1.1 billion shares at $14 each.
The US government's surveillance of telephone and Internet communications foiled plots including one to bomb the New York Stock Exchange, the FBI said on Tuesday.
Federal Reserve Chairman Ben Bernanke may step down when his second term expires on Jan. 31. Here is a quick look at the likely leading choices.
As investors prepare for the Federal Reserve's slow exit from its extraordinary easing measures, emerging markets are taking perhaps the biggest hit.
The World Wealth Report, from Capgemini and RBC Wealth Management, says rising stock markets and stronger real estate helped create 1 million new millionaires worldwide.
Hewlett Packard announced on Tuesday that a top executive who oversees its printing and personal systems unit would assume a new role for strategic growth.
U.S. housing starts rose less than expected in May; meanwhile, consumer prices rose in May and underlying price pressures showed signs of stabilizing after a long decline.
Traders and investors seem to view tapering as tightening—basically seeing any slowing in purchases as the end of easy money, even though the process is expected to be gradual.