The first of the big spring auctions began Tuesday night at Sotheby's, as bidders put money on their walls rather than in the shakier financial markets. The New York Times reports.
The long-term impact of rising unemployment among the young could be felt for decades, according to the International Labor Organization, which estimates that 73.4 million young people will be out of work in 2013.
Home prices are defying gravity and expectations, which has some asking exactly how real they are and what is driving them. The answers lie, again, in the numbers.
Former Enron CEO Jeffrey Skilling would be out of prison in 2017—more than 10 years early—under a proposed sentencing agreement submitted to a judge in Houston.
An effort by two conservative billionaires to take over The Los Angeles Times and seven other newspapers is setting off a firestorm of opposition, with public employee unions, the leaders of the State Legislature and liberal advocacy groups moving to block the sale. The New York Times reports.
Massive liquidity, an ongoing search for yield, modestly higher corporate earnings, heavy stock buybacks, and the Fed's bond-buying program is fueling stocks to new highs. This is constricting supply.
It's far from a done deal, but the days of mostly tax-free shopping on the Internet is a big step closer to ending. Click ahead to find out how you might be affected.
Now that the Dow has cracked 15,000, the argument for "sell in May" may be getting weaker. "It's not based on anything but seasonality and phrases," says one trader.
Health care and technology, not banking and finance, top millennials' choice for careers, according to a new survey. See which companies they would prefer to work. St. Jude hospital?
McDonald's said on Wednesday that April sales at its established restaurants around the world declined 0.6 percent amid tough competition to attract frugal diners who are shopping around for the best deals.
The Dow finished above 15,000 for the first time ever, confounding a chorus of critics who believe the market should do what it usually does — sell off in May.
Former Education Secretary Bill Bennett has a new book out called "Is College Worth It?" Bennett discusses financial aid, tuition and what else is discouraging to students.
Discussing what's next for IRS official Lois Lerner, and whether it's time for an IRS special counsel, with Tom Curran, Peckar & Abramson and John Eastman, Chapman University.