'A number of participants' on the FOMC this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer.
Diversified U.S. manufacturer 3M missed Wall Street's earnings estimates and cut its 2013 profit forecast, citing weakening demand for electronics products as well as foreign currency fluctuations.
Exxon Mobil reported quarterly earnings and revenue that was lifted by chemical product sales that allowed the company to counterbalance a decline in oil — its traditional strength.
Business owners hoping to pocket investments may not want to count on crowdfunding. Results can be mixed for both entrepreneurs and investors. Buyer beware.
The global economy is showing signs of slowing yet global stock markets are back near their highs for the year on growing expectations the ECB will soon join other central banks with a more expansionary policy.
Gold is clawing its way back up amid signs that demand for the precious metal is soaring a week after a massive sell-off sent prices to their lowest level in more than two years.
Unemployment in Spain jumped to a record 27.2 percent, data showed on Thursday, fuelling a European debate over whether to ditch austerity policies and switch to reviving economic growth.
The Obama administration on Wednesday backed a plan that would temporarily eliminate spending cuts disrupting U.S. air travel, while lawmakers in Washington scrambled to avoid blame.
The Bank of Japan meets on Friday for the first time after it made a radical shift in policy earlier this month and markets are now watching for central bank governor Harukiko Kuroda's next move.
Italy's political deadlock may be over after the country's President nominated center-left politician Enrico Letta as prime minister on Wednesday. He has already signaled that Italy could now turn away from austerity.
Supply issues have snarled the U.S. rollout of Samsung's latest flagship smartphone, which will go on sale at carriers Sprint and T-Mobile later than expected.
There are great expectations that Japanese companies flooded with liquidity will pour some of it into foreign bond markets, but latest capital flow data published on Thursday tell a different story.
The U.K. economy grew more than expected in the first quarter and George Osborne pointed to signs of healing. But three charts show why the U.K.'s austerity plan is so controversial and why many argue it isn't working.