The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.
In a marked difference to prior annual meetings, Citigroup shareholders praised management and the board on Wednesday for revitalizing the bank's strategy.
Orders for long-lasting manufactured goods recorded their biggest drop in seven months and a gauge of planned business spending rose modestly, adding to signs of a slowdown.
In a move that would capitalize on provisions under President Barack Obama's health care law, Washington state lawmakers have found a creative way to pass a large chunk of their health care expenses along to Washington, D.C.
The U.S. Mint said it has suspended sales of its one-tenth ounce American Eagle gold bullion coins as surging demand after bullion's plunge to two-year lows depleted inventory.
Sprint Nextel, an acquisition target of both Japan's SoftBank and Dish Network, posted a smaller than expected quarterly loss, even as it saw steep customer losses from the Nextel network it is shutting down.
Procter & Gamble reported quarterly earnings that beat analysts' expectations on Wednesday, but its profit outlook for the current quarter fell short of Wall Street's expectations.
Steve Jobs' death, competition from Samsung, and failure to innovate have been blamed for Apple's stock plunge. The real reason may be much less obvious.
In the days since last Monday's bombings, sales have slowed to a trickle at some stores and businesses in the area around the bombings. And that's money some won't likely recoup.
College-educated Millennials have a slightly different set of expectations about the workplace, and employers need to make changes or risk losing the best new workers. NBC News reports.
Wal-Mart Stores said that members of its board's audit committee were paid more due to extra work they had to take on to handle an ongoing investigation into alleged bribery.
Many of the wounded could face staggering bills for prosthetic limbs, lengthy rehabilitation and equipment they'll need to negotiate daily life. The NYT reports.
Big pharma is abandoning antibiotic research at a time when fears over superbugs are growing at an alarming rate, leaving smaller firms to fill the breach.