From a Chicago police officer, to a lawyer in New York to a stripper in Dallas, the number of lawsuits by workers claiming they are do overtime and fair pay is skyrocketing in the U.S.» Read More
Great news for parents and teens alike — the summer-job outlook for teens looks a lot sunnier than last year. BRB, have 2 tell my BFF!
Goldman Sachs is raising up to $600 million for a publicly-traded credit fund that will buy risky loans. What could go wrong?
Jimmy Fallon signed a contract extension with NBC that will keep him at the network. It is understood the deal will include that he will succeed Jay Leno as host of the "Tonight" show at some point. The New York Times reports.
Two pipeline spills have prompted new criticism from opponents of the proposed Keystone XL project, while raising questions about whether the government is adequately monitoring U.S. pipelines. The NYT reports.
With its rare apology, Apple went from pariah to praiseworthy in the eyes of China's state-controlled media, a lesson for other foreign firms not to underestimate the power of the government press.
"Everyone is worried...we are sure to peak and crash from here but I don't think retail investors getting back into stocks will mark a major top," one trader said.
Despite changes to the alternative minimum tax rules, millions will still have to pay it and the number of obligated taxpayers will keep growing.
Vocal activist and founder of Third Point Partners Dan Loeb stood out in an otherwise tough first quarter for hedge funds.
A federal judge ruled Monday that Stockton, Calif., is eligible for court protection from its creditors, clearing the way for a battle over whether public workers' pensions can be cut when the city goes bankrupt. The NYT reports.
Arkansas Attorney General Dustin McDaniel has launched an investigation into Exxon Mobil's ruptured crude pipeline. The spill damaged property and forced the evacuations of 22 homes.
Major automakers posted strong monthly U.S. car sales last month, helped by growing confidence in the recovery and demand for pickup trucks and sport utility vehicles.
Bank of America agreed to pay $165 million to resolve claims from the U.S. credit union regulator over purchases of mortgage-backed securities by corporate credit unions that have since failed.
Fannie Mae earned $17.2 billion last year, the biggest annual profit in the U.S. mortgage giant's history, driven by the housing recovery.
New orders for U.S. factory goods rose sharply in February but a gauge of planned business spending slipped, suggesting factory activity continued to expand at a moderate pace.
Subaru and General Motors are recalling cars to check for corroded brake lines and problems with heated steering wheels, officials said.
It doesn't appear that Apple can do anything about its tailspin, CNBC's Jim Cramer says.
A popular U.S. visa program for skilled workers is likely to hit its quota within days after its application period opens, triggering a lottery and signaling that companies feel confident about the economy.
Amazon has hired a 20-year Microsoft veteran who most recently worked in its Windows Phone unit, fueling speculation that the online retailer and Kindle maker may be developing a smartphone. The Financial Times reports.
It's no April Fool's Day joke. Drivers are indeed paying less to fill up their gas tanks than they did a few weeks ago, a month ago, a year ago.
Tax incentives to spur retirement-plan contributions lead only relatively wealthy, well educated Americans to save more, studies show. Automatic contributions work much better.