In a speech to the International Monetary Fund, Larry Summers raises the possibility that we might be stuck in a permanent economic slump.
It will be a dose of reality for virtual currencies. With growing investor and consumer interest, lawmakers are holding a hearing to find out more.
It only takes a little bitcoin to enjoy a big sandwich at one Subway location. An Allentown, Pa. shop has made history by accepting bitcoins.
United and Delta this month raised the number of miles needed to score certain flights, leaving fliers to wonder which carrier will be next. NBC News reports.
The season of big round numbers--as in, 16,000 on the Dow, 1,800 on the S&P 500 and 4,000 on the NASDAQ--is upon us. Are we overbought?
Large asset managers are heralding infrastructure investing given crumbling pipes, ports and power plants--and broke governments.
Following the sale of The Washington Post, yet another big publishing brand name is looking to put itself on the block.
Passengers are spending more at airports, due in part to unique offerings. In 2012 travelers spent $630 million on retail items in U.S. terminals.
Stocks are showing virtually no signs of fear that the Affordable Healthcare Act's dismal debut may have more widespread repercussions.
Is there a big reason to sell stocks? Not right now. Everyone is more scared of missing the upside.
In his annual letter to Berkshire Hathaway shareholders, Warren Buffett says he did some "dumb things in investments" last year, while defending Berkshire's "equity put" derivatives contracts. Buffett also predicts the economy will "be in shambles throughout 2009 - and for that matter, probably well beyond - but that conclusion does not tell us whether the stock market will rise or fall." He's still optimistic for the long-term, however, again pointing out that "our country has faced far worse travails in the past" but always "we've overcome them." He says confidently, "America's best days lie ahead."
This week the embattled hedge fund manager sold $88 million worth of fine art. Does this trader know something the rest of the art market doesn't?
A new study from McKinsey argues that the Fed's stimulus program has had little effect on the stock market.
The growing wealth disparity between CEOs and workers finally may be catching up to corporate America.
New Fed Chairman Yellen got exactly what she wanted: a quiet, non-controversial hearing. Stocks rose modestly.
Heated competition for depleted inventory means shoppers must have all their financials lined up before they even hit an open house.
Who is Gotham's "Funniest Person in Finance" -- a trader? a financial advisor? an IT guy? Click ahead to find out!
Fed chief nominee-in-waiting Janet Yellen got markets rolling on Wednesday with her dovish remarks. Don't expect much follow-through.
Meredith Whitney is hoping to apply her financial advisory skills to hedge funds, but it's not clear if investors will buy in.
The new boss of the New York Stock Exchange talks about the future of the trading floor.
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