Billionaire Paul Singer's hedge fund has managed to force Argentina into a position where it now has to contemplate a humbling surrender. The NYT reports.
While traders slog through yet another earnings season, former trader Raj Mahal muses about what he DOESN'T miss about life on the Street.
Bank of New York Mellon, a key trustee of Argentine bonds, on Thursday notified bondholders that a payment deadline has elapsed.
Apple plans to lay off about 200 people at Beats Electronics, according to Bloomberg, citing a person with knowledge of the restructuring.
U.S. employers planned to cut nearly 50,000 positions in July, Challenger, Gray & Christmas reported Thursday, 50 percent higher than in June.
The Fed delivered a mixed message Wednesday, and the markets may increasingly start to ignore it if the economy continues to improve, analysts say.
ExxonMobil reported a stronger-than-expected profit on Thursday as higher prices for its crude and natural gas offset a 6 percent drop in production.
The Sallie Mae study also finds that the average spent for college last year was $20,882, after reaching a peak of $24,097 in 2010.
Having a family talk about parents' goals for old age is never easy, but experts say it needs to happen more often. Here's how.
Are you finding it next to impossible to anticipate this market? There’s a reason. In fact, Cramer says there are five of them.
A U.S. district court in Manhattan has ruled that Bank of America must pay the U.S. government $1.27 billion in a Countrywide "hustle" fraud.
The Republican-led U.S. House of Representatives voted to sue President Obama of overstepping his authority with his signature health care law.
Target has tapped PepsiCo executive Brian Cornell as its new chief executive, the Wall Street Journal reports.
President Barack Obama took his criticism of congressional Republicans to a higher pitch as they voted to sue him over charges he has overstepped.
Euro zone inflation fell more than expected in July, according to new figures released on Thursday, sparking renewed fears of deflation.
In addition to summer day camp, here are some care services that are eligible for a tax credit.
Just as the Great Depression shaped the spending habits of Americans who grew up during that era, experts predict millennials will be driven by deals.
Action moves to the Senate after the perennially divided House approved a $16 billion bill for veterans health care.
Shares in troubled Portuguese lender Banco Espirito Santo slumped 50 percent on Thursday, after trading in the stock resumed following poor results.
An ugly earnings report from Samsung prompted a 3 percent drop in shares, but that hasn't deterred market bulls.