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.» Read More
Mark Zandi, who's reportedly the front-runner to become the White House's next housing czar, said there were benefits to mortgage writedowns for underwater homeowners.
American Airlines is trying to recover from a poorly timed public-relations nightmare after a computer meltdown forced the cancellation of most of its flights.
The FBI says the Upper East Side gallery figured in a gambling and money-laundering ring that stretched from Moscow to Los Angeles.
Applications for U.S. home mortgages rose last week for the second week in a row, helped by renewed demand for refinancing, new data from an industry group showed.
Obama signed into law a provision repealing the requirement that senior government officials post their stock trades on line.
Tesco wrote down the value of its global operations by $3.5 billion and announced plans to exit the U.S., after a year in which profit fell for the first time in two decades.
An envelope sent to Republican Senator Roger Wicker of Mississippi tested positive for ricin, Senator Dick Durbin told reporters after a group of lawmakers were briefed by the FBI.
U.S. builders ratcheted up construction, but the growth was entirely in apartment buildings. Multifamily housing starts are now running much faster than the 10-year average.
Goldman Sachs reported first-quarter earnings on Wednesday that topped Wall Street's expectations, helped by higher revenue in its investment banking arm.
U.S. builders started 1.04 million homes last month, the fastest pace in nearly five years, while a separate report showed consumer inflation easing.
A large area of downtown Boston was cordoned off by police on Tuesday as authorities hunted for a suspect in the deadly bombings at the Boston Marathon.
Coca-Cola reported first-quarter earnings on Wednesday that were boosted by a rise in sales in Europe and emerging markets.
U.S. industrial production rose more than expected in March, but the increase was due to a surge in demand for utilities during a cold snap, while output actually declined at the nation's factories.
Top Fed policy doves, with opposing economic views, agreed the job market has not yet improved enough to merit cuts to the central bank's bond-buying program.
Deloitte’s American Pantry Survey found brand loyalty has fallen for the third year in a row, with nearly nine in ten consumers substituting private-label brands for national ones.
Retailer Target warned first-quarter earnings would miss expectations, after weaker-than-expected sales of seasonal and weather-sensitive items.
Yahoo and Intel report earnings tomorrow, and the outlook could hardly be more different.
Billionaire founder of mobile carrier SoftBank is expected to stay in the battle for Sprint Nextel - even though he could walk away with $3.5 billion in gains from currency hedging.
The pharmaceutical and medical devices company reported quarterly earnings and revenue Tuesday that exceeded Wall Street's expectations as growth of newer medicines for cancer, hepatitis C and blood clots offset declining sales of its treatments for heartburn and attention deficit disorder.
The search giant's first-quarter earnings topped forecasts, but revenue fell short and shares fell after-hours.