A massive 8.9 earthquake struck Japan on Friday triggering a reportedly 33-feet high (10 meters) tsunami that swept away cars, planes, homes and even some smaller buildings along the country's northeastern coast.A tsunami warning was issued for the entire Pacific basin, except initially, for the U.S. and Canada.
Consumer sentiment fell to its lowest level in five months in early March as gasoline prices rose, a survey released on Friday showed.
Internet video firm Hulu is planning to reduce the size of its board in an attempt to streamline decision-making within the venture, the Wall Street Journal said, citing people familiar with the plan.
The United States must reduce its dependence on oil and begin to reform energy policy, President Barack Obama said on Friday, pledging to do all he could to keep gasoline prices low.
Big jumps in U.S. oil refining shares on Friday in reaction to Japan's massive earthquake could soon reverse as traders digest the impact of the disaster
The U.S. will assist Japan with heavy lifting equipment to move debris and has activated two search and rescue teams to help in the aftermath of the massive 8.9 magnitude earthquake and subsequent Tsunami on Friday that has already killed hundreds of people and has injured and displaced many others.
The trading pattern of the prices of stocks and crude oil looks worryingly like it did just before the last recession.
U.S. consumer sentiment fell to its lowest level in five months in early March as gasoline prices rose, a survey released on Friday showed.
Hundreds of people are lining up at Apple Inc stores on both U.S. coasts hours before the iPad 2 goes on sale on Friday, signaling strong appetite for a device that extends Apple's lead in the fledgling market it created.
Regardless of whether hedge fund chief Raj Rajaratnam ends up testifying at his criminal trial, jurors are going to hear a lot from him.
U.S. job openings slipped in January, as did the job openings rate, government data showed on Friday.
With his 67th birthday just weeks away, the investor widely known as the Bond King has taken one of the biggest bets of his life -- but at least Bill Gross has got some company.
Statement By The President On The Earthquake In Japan And The Resulting Tsunami Warning Throughout The Pacific
An exclusive high school graduation celebration at Walt Disney World Resort's Magic Kingdom in Florida will come to an end, as the theme park is pulling the plug on the annual event after 2011.
National banking groups representing firms of all sizes are getting behind a lawsuit challenging the constitutionality of a crackdown on debit card processing fees.
Guantánamo Bay is a bay located in Guantánamo Province at the southeastern end of Cuba. It is the largest harbor on the south side of the island and is surrounded by steep hills creating an enclave cut off from its immediate hinterland.
Oil prices fell on Friday after a massive earthquake shook Japan, the world's third-largest oil consumer, sending a tsunami sweeping across the Pacific Ocean and pushing U.S. crude prices below $100.
A top Federal Reserve official signaled on Friday the central bank won't tighten monetary policy any time soon, even as the jobs recovery looked set to quicken.
Oil slid by on Friday, with U.S. crude falling below $100, after an earthquake rocked Japan, created a 10-meter tsunami and shut down dozens of plants in the world's third-largest oil consumer.
Retail sales posted their largest gain in four months in February as shoppers stepped up purchases of autos, clothes and other goods even as they spent more for gasoline.
Stocks edged lower on Friday after a massive earthquake hit Japan and a disappointing reading on consumer sentiment.
Sales at U.S. retailers increased broadly in February as rising energy prices boosted receipts at gasoline stations, but consumers also spent on a range of products in a sign of resilience in the face of rising gasoline prices.