U.S. stocks dropped sharply with global markets, raising speculation that a long-awaited equity market correction has finally begun.
Major indexes fell heavily at the open, weighed by European shares on concern over the health of Portugal's banks and weak global data.
With the stock market recently at all-time highs, it's more attractive to sell than buy, said private-equity billionaire Wilbur Ross.
Shortly after shuttering its stores, Crumbs Bake Shop is close to securing financing from a prominent investor group.
European debt crisis deja vu is the last thing Wall Street wants, says veteran trader Art Cashin.
Global equity markets slumped Thursday amid concerns over U.S. economic growth and weaker-than-expected data from China and the euro zone.
Home sales are rising but still well below last year. The answer is simple: Too many people can't afford to buy homes.
Shares in one of Portugal's main banks, Banco Espirito Santo, were suspended from trading after dropping another 17 percent, Dow Jones reported.
The U.S. is producing vast amounts of oil—but isn't quite in Saudi Arabia's league just yet, according to experts.
"All I know is that I disassociate from this," the company's former auditor told CNBC.
In a dining environment where cellphones have become as ubiquitous as breadbaskets, one recent trademark filing stands out.
Some U.S. states have cut taxes to lure businesses and create jobs, but the growth hasn't materialized. The Fiscal Times reports.
Stocks had their worst day in three months, as fears about the European banking sector and unease about U.S. quarterly earnings scared off investors.
U.S. wholesale inventories rose in May, reinforcing the view that economic growth should surge following a weak first quarter.
New U.S. claims for unemployment benefits fell last week to one of its lowest levels since before the 2007-09 recession.
By 2025, 1.8 billion people will live in regions with water scarcity. The international community needs to act now, says Mikhail Gorbachev.
Despite the SCOTUS ruling that suspended Aereo's service, the company is trying to operate again 'in accordance' to the ruling.
Data from a study of Sarepta Therapeutics' experimental drug for Duchenne muscular dystrophy suggest it helped slow declines in walking ability for almost three years.
Netflix earns 31 2014 Emmy nominations, including 13 for "House of Cards" and 12 for "Orange is the New Black."
Costco Wholesale reported a 6 percent rise in June same-store sales that beat analysts' estimates, helped by higher fuel prices.