Stocks Fall After Fed Minutes Show Willingness to Taper in June
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Stocks and bonds were volatile after Fed Chairman Ben Bernanke discussed how the central bank might wind down its monetary easing policy.
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The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a continued steady improvement in labor market conditions.
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The majority of Americans fear the U.S. will become the the victim of a major cyber attack, or target another country with cyber weapons, according to a recent survey.
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Marriage confers the benefits of division of labor and economies of scale on everything from washing machines to health insurance. But it's not just about living under the same roof.
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Coach's longtime Chief Executive Lew Frankfort will step down in January 2014 and be replaced by the executive who oversaw the upscale leather-goods maker's successful expansion in Asia.
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Pepsi reported quarterly earnings and revenue that topped Wall Street's expectations.
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American Airlines and US Airways plan to merge in a deal that would create the world's largest carrier and caps years where the industry was marked by bankruptcy and consolidation.
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Hedge fund manager William Ackman, who has called nutritional supplements company Herbalife a pyramid scheme, said the biggest risk in shorting the company was whether regulators would take time to focus on the matter.
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Boeing denied misconduct by its managers afterb a union representing engineers and technical workers accused the planemaker's security staff of intimidating some members over labor contract votes.
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Cisco's earnings topped forecasts and its outlook was in-line. "I think what our customers are telling us is a very slow start and steady improvement throughout the year," CEO John Chambers said.
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In the recovery so far, small businesses have largely been left behind. Initially, loans were hard to come by and consumers weren't shopping. Now, small-business owners say, Washington is throwing up additional roadblocks. The New York Times reports.
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The pomp and soaring rhetoric of President Barack Obama's State of the Union address roused his Capitol audience to standing ovations, but a day after, the U.S. Congress is no closer to achieving major accomplishments in 2013.
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Apple defended its proxy in a legal filing against David Einhorn's lawsuit on Wednesday, stating in the filing that the lawsuit was a way for Einhorn to "induce" Apple to adopt a new type of preferred stock.
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Applied Materials earnings fell sharply but topped expectations. The chip-equipment maker's outlook was in-line with forecasts.
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Time Warner is in preliminary talks to sell some of its magazine assets to Meredith Corporation.
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President Obama says he wants more Americans to be able to save money by refinancing their mortgages. The trouble is that mortgage rates are rising.
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"Our 'Take this Job and Shove It" indicator of current/future consumer confidence hit a recovery high," says one strategist. "You're not going to quit your job if you have no faith in your own economic status."
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President Barack Obama tried to push past the fiscal battles that plagued his first term, as he laid out an agenda he hopes will shape his legacy.
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Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending. Separately, import and export prices rose slightly less than expected in the month.
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Leon Cooperman liquidated his Apple stock and purchased Facebook, according to a 13F filing. Is it time to buy Apple?
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For large retail and restaurant chains the big unknown in the year ahead is how much more they'll pay for health coverage. Employers with 50 or more workers who put in 30 hours a week will be required to provide health care coverage or pay a fine, under the Affordable Care Act.
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