The Federal Open Market Committee was expected to keep its target funds rate near zero, as all eyes look toward a possible rate hike next year.» Read More
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.
U.S. manufacturing grew less briskly in January after hitting an 11-month high the prior month as output slowed.
Wal-Mart is in need of a bricks-and-mortar makeover, and to resonate with today's shopper, it needs to cut, relocate and shrink its store base.
Major U.S. automakers General Motors and Ford both reported month auto sales that declined in January.
President Barack Obama met with the business executives to address how to get long-term unemployed Americans back to work. Experience may not help.
Many NFL stars earn a fortune during their career, only to find themselves struggling when their playing days are over.
Nutrition and weight loss company Herbalife estimated fourth-quarter profit above analysts' expectations and announced a $1 billion debt offering.
Though most American households are in a spending mood, consumers at the bottom end of the ladder are waiting to shop.
U.S. consumer spending rose more than expected in December, but weak income growth suggested the economy could cool off a bit.
U.S. consumer sentiment dipped slightly in January, with recent economic improvement not translating to expectations for future gains, a survey released on Friday showed.
A closely-watched barometer of business conditions dipped in January, showing employment conditions declining as prices rose.
Wal-Mart lowered its fourth quarter guidance on Friday, blaming a litany of negative factors for the lowered expectations.
As the economy shrugged off the effects of the government shutdown, economists said President Obama faced an uphill battle to burnish his legacy. The NYT reports.
Samsung is fighting Apple's bid for a permanent sales ban on some Samsung smartphones, which Apple claims infringe on its patents.
Hammer-wielding masked robbers pull a brazen robbery at Fifth Avenue store, WNBC reports.
The world's largest consumer of energy is producing oil and gas hand over fist. Judging by some of Big Oil's earnings results, you couldn't tell.
MasterCard posted a lower-than-expected quarterly profit and said its net revenue for the year would come in at the low end of its forecast range.
Amazon posted quarterly results that fell short of expectations and said it may increase the cost of its popular Amazon Prime subscription by $20 to $40.
Yahoo reported on Thursday that some of its users' e-mail accounts may have been targeted in a security breach of a third-party database.
New domain names are starting to hit the market. Here's a breakdown of how the process works and what it means for businesses.
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Uber said Wednesday that it would begin a new series of measures to boost safety at the ride-sharing startup—including biometric and voice screening for drivers.
A Japanese lingerie maker recalled more than 20,000 brassieres after complaints that underwires suddenly poked out.
The Queen's Christmas speech this year could be one to watch out for, as gamblers place bets on her abdication.