Running a traditional US supermarket chain is an increasingly tough business, but companies such as Safeway still provide steady cash flows.» Read More
The number of Americans seeking unemployment aid fell to a five-year low last week, a hopeful sign the job market is healing. But much of the decline reflects seasonal volatility in the data.
Boeing have serious problems, aviation expert Michael Boyd told CNBC on Thursday, if the 787 battery problem is a "design flaw."
Bank of America profit fell from a year ago, as it took more charges to clean up mortgage-related problems.
New rules could make mortgage servicing more expensive, especially for those specialty servicers and level the playing field between them and the big bank servicers.
U.S. telecoms group AT&T is looking at an acquisition in Europe, possibly of Dutch peer KPN or the UK's Everything Everywhere, the Wall Street Journal reported.
Europe's Airbus posted a 43 percent drop in orders and surrendered its crown as the world's largest planemaker to Boeing last year, but predicted improvements in both orders and deliveries for 2013 as airlines seek to reduce fuel costs.
Airlines scrambled on Thursday to rearrange flights as Europe, Japan and India joined the United States in grounding Boeing's 787 Dreamliner passenger jets while battery-related problems are investigated.
A coupon company for the web is not a new idea. But Ryan Hudson, who has spent over a decade building companies, has found a way to wow investors, the Global Post reports.
Foreclosure activity in the United States was at a near six-year low in December and declined over the entire year as the housing market continues to recover.
As major airlines around the world start grounding Boeing's Dreamliner passenger jets amid safety concerns, analysts tell CNBC they are confident the U.S. aircraft manufacturer will fix the 787's "teething issues," which arise each time new technology is introduced.
A senior Federal Reserve official voiced skepticism on Wednesday about the benefits of additional asset purchases by the U.S. central bank, while a more dovish policymaker maintained his campaign for additional policy easing.
Executives of the Business Roundtable are urging Congress to raise the Social Security and Medicare age eligibility to 70, from the current 67.
Pacific Crest Securities makes a case against owning Apple by theorizing that just about everyone in the world who could pay for an iPhone already owns one.
Hewlett-Packard has received expressions of interest for Autonomy and its EDS units, but HP CEO Meg Whitman said the company is not yet ready to sell the business, according to a report.
Economic activity across the U.S. expanded at either a moderate or modest pace in recent weeks with consumer spending picking up, the Federal Reserve said on Wednesday, suggesting little change in strength of the recovery.
JPMorgan Chase's earnings rose strongly in the last quarter of 2012, yet the "London Whale" scandal cost its CEO Jamie Dimon about half his annual compensation.
The government has a "spending problem" and that needs to change, former House Majority Leader Richard Gephardt told CNBC.
One in four Americans is borrowing against a 401(k) to pay for non-retirement needs such as mortgages, credit card debt or college tuition, according to a new study.
How politicians even explain the way the government spends money depends on what party they belong to and whether that party holds the White House or Congress.
Despite big earnings gains from the big public builders, overall confidence among the nation's home builders took a pause in January.