U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.
President Bill Clinton said Republicans need to openly state how their proposals, specifically tax cuts, would realistically work for the benefit of the American economy.
The producer of Monster Energy will no longer be required to tell federal regulators about reports potentially linking its products to deaths and injuries. The NYT reports.
Applications for U.S. home mortgages tumbled for a second week in a row last week as interest rates continued to climb to seven-month highs, data from an industry group showed on Wednesday.
Japanese government policies to help kickstart its economy and ease the burden of long-term deflation are "on the right path," BlackRock Chairman and Chief Executive Laurence Fink said.
BlackBerry inventors Mike Lazaridis and Doug Fregin are pairing again to launch a $100 million fund to incubate and commercialize quantum science technologies capable of spearheading the next wave of computing.
Shares of the investment giant have dropped 5 percent in two days, as jitters over Cyprus spooked the market and put European tail risk back onto the table. And while banks as a whole have sold off, Morgan Stanley has especially taken it on the chin.
The latest retail sales numbers give ammunition to the bulls that the good old days are back. But hold on for just a minute optimists; the numbers aren't THAT great.
Apple will soon make public its plan for a big chunk of its $137 billion cash pile, said Will Power, senior research analyst at Robert W. Baird, on Tuesday.
Americans are living longer and don't have anywhere near enough saved for retirement, a dire new study from the Employee Benefit Research Institute showed Tuesday.
The bailout in Cyprus could mean a pause in the US stock-market rally but some market pros say it's also likely to give the Fed more ammunition to maintain its stimulus.
During the height of the housing boom, some likened the flipping game in Miami's condo market to a circus. The circus is back, and more high-flying than ever.