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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.
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Retail sales slid in March even though producer prices recorded their biggest drop in 10 months as the cost of gasoline tumbled
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In a growing trend, Baby Boomers are ditching their suburban homes and moving into cities. Developers are working fast to cash in.
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Blackstone Group is talking to three private equity firms about investing in J.C. Penney and in discussions with banks about making a $500 million or greater loan to the struggling retailer, which would be secured by inventory, according to a source.
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JPMorgan Chase reported quarterly profit that topped analyst expectations and increased its dividend, but shares dipped as loan growth slowed and net revenue fell.
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Wells Fargo reported a 23 percent jump in first-quarter profit on Friday as the bank set aside less money to cover bad loans and it held down costs.
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Immigration requirements in the emerging Senate bill could end up excluding hundreds of thousands from the path to citizenship, a Senate aide said.
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Wells Fargo executives have conceived a new vision for its branches—smaller to scale, but still full-service.
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Nasdaq OMX Group said it slashed the 2012 annual bonus of Chief Executive Robert Greifeld by $542,100 over the botched handling of Facebook's initial public offering last year.
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If the Masters golf tournament is any indication of how the U.S. economy is faring, then things seem to be looking up. At least for some.
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Scott London, former auditor at KPMG who was fired and arrested this week amidst allegations of insider trading, has been released on a $150,000 bail.
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Troubled J.C. Penney has hired Blackstone financial advisory arm to explore how best to position the firm financially, three sources said on Thursday.
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Economic pressures rather than moral values are thought to be the principal US problem, a new NBC/WSJ poll finds.
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Even if the stock market should run into a wall later, investors can take comfort that this likely will be another huge year for dividend payouts.
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This just in: The president's tax returns! Take a peek at what the Obamas made in 2012 and what their tax rate was. Was it higher or lower than yours?
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With so much uncertainty in the market, it's hard enough to forecast this year. The gang at Goldman is taking a stab at year-end 2015.
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A top Federal Reserve official on Friday defended the central bank's dual mandate of full employment and price stability, but also said he's optimistic the economy is gathering strength.
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The Bank of Japan's monetary bazooka has investors bracing for a flood of liquidity into risk assets. It may not happen, analysts say.
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The U.S. investment bank has added to the exuberance over Tokyo markets, upgrading its 12-month target for stocks on expectations of bumper earnings growth.
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The gusher of cash from the Fed explains why prices for everything from 1950s Ferraris to Brazilian farmland to old U.S. stamps are surging.
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The value of Bitcoin continued to plunge as trading resumed at Mt Gox, the world's largest virtual currency exchange.
U.S. Video
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Arthur Laffer, chairman, Laffer Associates, discusses the falling deficit and why some people are saying the deficit is being cut too fast.
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Howard Dean (D) former VT Governor, and Sean Spicer, Republican National Committee, discuss the IRS scandal, the AP phone records issue, Benghazi talking points, and missing terrorists.
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Seema Mody reports on Apple CEO Tim Cook's statement that corporate taxes are too high, ahead of his Congressional testimony next week. With Dean Garfield, Information Technology Industry Council, and Arthur Laffer, Laffer Associates chairman.