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In the absence of immediate or even early indications of an upwelling of inflation, the Fed is clearly determined to focus maximum effort on the other leg of its "dual mandate," i.e. fostering full employment.
Yahoo is planning to bring on a new board member and show two others the door, the New York Times reported on Thursday, citing sources.
Despite the overall drop in foreclosures, a huge backlog of homes already in the foreclosures process are finally going back to the banks in big numbers.
As haggling over a debt deal continues, small businesses have much at stake. If people pay higher taxes, they will likely spend less. Could a hobbled Main Street derail the economic recovery?
At a time when pickup truck sales are picking up, General Motors has taken the wraps off of the next generation of its bread and butter pickup trucks.
U.S. businesses added to their stockpiles in October while sales fell, a sign that companies may order fewer goods ahead.
Weekly jobless claims fell sharply while retail sales rose in a sign that steady job creation is adding momentum to consumer spending in the fourth quarter.
CVS Caremark is looking at changes in U.S. healthcare as an opportunity to serve more customers, whether they are picking up prescriptions, getting them through the mail or stopping by an in-house MinuteClinic for a checkup.
Best Buy founder Richard Schulze is expected to make a fully financed offer to buy the consumer electronics retailer by the end of the week.
Top central banks are extending their arrangements to swap dollars and other currencies to make sure banks have the money they need.
The L.A. Dodgers are on track to become only the second major league team with a $200 million payroll and could end the N.Y. Yankees' streak of 14 years as baseball's biggest spender.
The Kansas City Star recently told two of its journalists that only one of them could keep her job — and the employees themselves would have to decide who should leave the company, according to a media blog.
Apple's stock may be sliding as investors fret about growing competition, but store visits and interviews with smartphone and tablet shoppers in 10 cities around the world suggest consumers share little of that negativity.
From outside Michigan Republican circles, it appeared that the Republican drive to weaken unions came out of the blue - proposed, passed and signed in a mere six days.
Politicians remain locked in a rancorous debate over impending tax increases and spending cuts, and it remains unclear if a deal will be reached by the end of the year. But investors are already betting that lawmakers will do enough to avoid heading over the so-called fiscal cliff, the New York Times reports.
On the outset, the Fed's unorthodox move appears to be its latest salvo to battle the economy's erratic and sub-par recovery. But some market watchers say: don't read too much into it.
Google's mobile navigation application Google Maps will now be available in Apple's app store, the Internet search giant said on its official blog.
AAA projects 93.3 million Americans will travel this holiday season, up 1.6 percent from last year. See how holiday travel spending is ticking higher.
A majority of Americans wants a compromise to avoid the "cliff," and most back President Barack Obama's prescription for doing so, according to a new NBC News/WSJ poll.
The Federal Reserve met market expectations Wednesday with another round of easing, this time with a pledge to keep interest rates low until unemployment falls below 6.5 percent and inflation tops 2.5 percent.