The Fed will keep its version of the monetary printing press running a while longer, though Chairman Ben Bernanke provided hints Wednesday that the days of extreme easing are coming to a close.» Read More
KFC parent Yum Brands reported sales fell 13% in March at restaurants in China amid a new bird-flu scare.
So did at least one law firm, a hedge fund, a private equity fund, trade groups and lobbyists.
Two days after J.C. Penney's board of directors ousted Ron Johnson as chief executive, hedge fund manager and board member Bill Ackman broke his silence to say he's sticking by the beleaguered department store retailer.
The second-largest U.S. oil company said its output declined in the first two months of the first quarter from the previous quarter due to maintenance in the Gulf of Mexico.
Homes are more affordable now than they have been in decades, but that could turn more quickly than expected, because the affordability is based entirely on mortgage rates.
Newly reappointed JC Penney CEO Mike Ullman detailed some of his top priorities in one of his first conversations with analysts since Ron Johnson was ousted this week as chief of the struggling retailer. The top priority: reconnecting with its customers.
According to Einstein, nothing's faster than the speed of light. But for some traders the speed of light—at least through fiber-optic cable—just isn't fast enough anymore.
The construction sector is poised for strong growth and will become a leading job creator, said Sheryl Palmer, CEO of homebuilder Taylor Morrison.
Federal Reserve policy makers worried about increased risks due to the central bank's aggressive monetary stimulus, though most view those dangers as "manageable" for now.
President Obama's fiscal 2014 budget plan proposes cancellation of or cuts to several weapons programs.
Silicon Valley’s latest attempt to shape national policy risks attracting negative publicity, critics say.
President Barack Obama called the sequester reckless and said his 2014 budget proposal a "fiscally responsible blueprint for middle class jobs and our economy."
Instagram has yet to monetize its photo-sharing social network. It may want to take a page out of Twitter's monetization playbook.
The US Postal Service is delaying its plan to cease Saturday delivery of first-class mail, a service that it says is costly but that many Americans rely on.
With home listings down as the housing market heats up, some buyers are refusing to wait until the for-sale signs appear.
Ron Johnson's plush taste, against-the-grain ideas and controversial partnership deals all played a hand in his downfall at JC Penney after 17 months. The NYT reports.
President Barack Obama on Wednesday will issue ideas to raise $580 billion in new tax revenues, including a minimum tax on the wealthy and putting an end to some corporate tax breaks.
President Obama sent Congress a $3.8 trillion spending blueprint on Wednesday that strives to achieve a "grand bargain" to tame runaway deficits, raising taxes on the wealthy and trimming popular benefit programs.
The 2013 Atlantic hurricane season will be "above average" with 18 tropical storms, nine of which will intensify into hurricanes, forecasters at Colorado State University predicted on Wednesday.
The Senate Banking Committee is set to hold a hearing on Thursday to examine whether regulators inappropriately "outsource" oversight to consultants that are paid billions of dollars by the banks. The NY Times reports.