Economists shaved growth expectations for the second quarter after the June durable goods report revealed weak shipments and dampened hopes for business spending.» Read More
With three out of five major U.S. companies missing revenue forecasts, a lot of fingers are pointed at European weakness.
The financial unit of General Electric, GE Capital, is going to stop financing gun shops, according to a report.
One reason for optimism about this market is that the risks are well-known—and thus baked into prices, says Goldman Sachs's Abby Joseph Cohen.
Qualcomm reported quarterly earnings Wednesday that met analysts' expectations, but light guidance for the current quarter sent share down sharply.
In a marked difference to prior annual meetings, Citigroup shareholders praised management and the board on Wednesday for revitalizing the bank's strategy.
Not too long ago, Wall Street analysts were leapfrogging each other with lofty price forecasts for the stock. On Wednesday, those same analysts did an about face.
A surprise drop in gasoline supplies sent oil and gasoline futures higher, but pump prices are likely to head lower.
As securing loans from large banks remains tricky, more small-business owners are turning to small banks and other nontraditional sources of capital to grow their operations.
Amazon is known in the ad industry as the "sleeping giant" because it harbors a trove of unused consumer-spending data, but now it's awakening to the potential.
The average fee a bank charges non-customers to use its ATM increased by 20 percent over the last five years, a recent report found.
Homes built without ready buyers were all the rage for builders during the housing boom, before demand disappeared. Now they're coming back.
If Tuesday's brief market plunge from the bogus Associated Press tweet sent your pulse racing, it might be time to find a good sedative.
Big banks must innovate and not simply rely on increased leverage and risk to increase returns said former Bank of America President Sallie Krawcheck. If they don't, she expects that shareholders will be the ultimate losers.
Apple may finally have Wall Street off its back, but now the question lingers, just what exactly is the company planning to do with its $145 billion cash hoard?
If not for the Fed's cheap money, spending cuts likely would be having a larger impact on economic growth, hiring, business spending and consumer sentiment. NBC News.
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.
Ford reported quarterly earnings and revenue that surpassed analysts' expectations on Wednesday, with new cars helping to boost sales.
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.
Millions of people who can't find a full-time job are taking anything that pays them under the table, and in turn are helping to boost consumption, say analysts.
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.
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