What's It Mean To Be Rich? Don't Ask Treasury Secretary Jack Lew
December 11 2014 2:32 PM
Defending a financial executive nominated by Obama, Lew's comments spotlight the debate about the definition of "rich."
Declining Gas Prices Powering Surge In US Retail Spending
December 11 2014 9:57 AM
The recent drop in gasoline prices, coupled with Thanksgiving weekend sales, helped U.S. consumers pick up retail spending last month.
Dow Hammered On Global Fears
December 10 2014 6:03 PM
The Dow tumbled more than 260 points Wednesday due to "jitters" in the U.S. stock market as concerns grow about a lackluster global economy.
Morgan Stanley Fined $4M For Rogue Apple Trades
December 10 2014 1:19 PM
Morgan Stanley agreed to pay a $4 million fine to the SEC for violating a market access rule after a rogue trader engaged in fraudulent trading of Apple shares.
After OPEC Cuts Outlook, Dow Drops More Than 150 Points
December 10 2014 11:14 AM
The Dow tumbled after OPEC slashed its forecast for 2015 production by 300,000 barrels per day to 28.9 million barrels.
How Ferguson Businesses Are Raising Money For Repairs
December 10 2014 10:10 AM
People have donated thousands to small businesses in Ferguson to help rebuild after violent protests.
Australia Pledge Helps UN Green Climate Fund Hit $10B Goal
December 10 2014 7:40 AM
Australia had previously said that it would continue to aid vulnerable countries in the Pacific region, rather than donate to the fund.
NJ Pension Trustees To Sue Christie
December 10 2014 1:01 AM
State officials say Christie violated his own pension law when he cut the required contributions to the retirement system.
A Strong Dollar Could Hurt US Economy
December 09 2014 3:36 PM
The U.S. dollar hit a seven-year high against the Japanese yen on Monday. Why would a stronger dollar be bad for the U.S. economy?
Luxury Retailers Quietly Outperform Mid-Tier Stores
December 09 2014 3:23 PM
The U.S. luxury sector is quietly booming as wealthy shoppers cash in on stock market highs.
Dow Plunges More Than 200 Points As Crude Oil Prices Tumble
December 09 2014 11:18 AM
The Dow dropped more than 200 points in morning trading Tuesday after oil prices continued to hover around five-year lows.
Using Airbnb In Boston? Brace Your Wallet
December 09 2014 9:30 AM
Cancun, Dubai and Macao also rank among the most expensive Airbnb cities.
Why Abenomics Isn't Working
December 08 2014 8:06 PM
Abenomics, a three-pronged effort to expand Japan’s economy through monetary, fiscal and structural policies, hasn't been effective.
Dow Drops More Than 100 Points As Crude Oil Tumbles
December 08 2014 5:36 PM
The Dow and S&P 500 dropped Monday as the energy sector tumbled after Morgan Stanley slashed its forecast for Brent crude.
Stagnant Wage Growth Hampers Auto Sales Rebound
December 08 2014 3:56 PM
The nation's economic recovery has a lot less bounce than previous recoveries, at least from the carmakers' point of view.
Why Foreign Automakers Aren't Worried About China’s Auto Sales Slowdown
December 08 2014 12:49 PM
China, the world's largest, fastest-growing car market, is cooling a lot. Here's why foreign automakers remain bullish on long-term growth.
Dow Flirts With 18,000 Milestone
December 08 2014 11:14 AM
Wall Street is eyeing this week’s retail sales and inflation data from last month for clues about the U.S. economy's health.
Down To The Wire
December 08 2014 8:32 AM
U.S. Congress has reached the deadline to pass a funding bill. Here's what to watch as the government once again faces a potential shutdown.
Climate Finance Study Highlights Lopsided Distribution Of Funds
December 08 2014 7:26 AM
The study, conducted by a London-based think tank, found that poorer nations had not benefited from contributions to existing climate funds.
ECB Loans Offer Clues In Guessing Game Over Quantitative Easing
December 07 2014 8:05 AM
The ECB forecasts the eurozone economy will grow just 1 percent in 2015, as opposed to the 1.6 percent it projected three months ago.