The U.S. dollar held near a 10-week low against a basket of currencies on Wednesday ahead of a statement from the U.S. Federal Reserve, which is expected to reaffirm the central bank's focus on supporting growth.
President Barack Obama said that the rules have changed in the global competition for jobs and said the U.S. must adapt by make investments for innovation and infrastructure.
Yahoo Inc warned that revenue will again slide this quarter as it bleeds traffic to Google and Facebook and as a much-touted search partnership with Microsoft Corp fails to deliver quick results.
The U.S. dollar held near a 10-week low against a basket of currencies on Wednesday, ahead of a statement from the Federal Reserve which is expected to reaffirm the central bank's focus on supporting growth.
Shareholders of publicly listed companies will get to weigh in on executive compensation through advisory votes, under a new rule adopted by U.S. securities regulators on Tuesday.
The following are the prepared remarks of President Barack Obama's State of the Union Speech as released by the White House and set to be delivered on Tuesday evening starting around 9 p.m.
President Barack Obama will say that the challenges the U.S. faces are bigger than party and politics, according excerpts from Tuesday night's State of the Union Address.
Bank of America Corp's Countrywide mortgage unit has been sued by investors claiming they were victimized in a massive fraud when they bought mortgage-backed securities.
The U.S. Federal Reserve began a two-day meeting on Tuesday that is expected to end with a nod to an improved economic outlook but no change in course on its $600 billion bond-buying plan.
China's test flight of a prototype stealth fighter will help insulate U.S. weapons spending against deeper cuts sought by deficit hawks and add momentum to efforts by Defense Secretary Robert Gates to redirect precious budget dollars to future threats.
The gold naysayers are using rising rates as a way to dismiss gold. Let me explain why this belief is not only false but also utterly dangerous. First and foremost, the parameters have changed in just a few short years. Government debt has increased substantially in the last few years.
Disappointing earnings reports from blue chips Johnson and Johnson and 3Com cast a pall on U.S. stocks
(corrects figure in Jan. 23 story, 14th paragraph, to $22 trillion from $22 billion)
President Barack Obama will propose that Congress adopt a 5-year freeze on non-security discretionary spending, extending a previous call for a 3-year freeze, senior administration officials said, according to reports.
Verizon Communications expects revenue to rise as much as 8 percent this year as customers rush to buy more smartphones, particularly Apple Inc's iPhone.
Billionaire investor John Paulson's bet that the economy will rebound paid off handsomely last year when his hedge fund clients earned about $1 billion on his Citigroup Inc stake.
(Corrects references to reflect 2011 EPS growth target of 5-8 percent forecasts overall growth, including items other than iPhone, in headline, second bullet point, paragraphs three,
seven, eight and nine)
Life spans in the U.S. lags behind its major high-income industrial peers largely due to Americans’ long history of smoking as well as rising rates of obesity, according to a new report from the National Research Council (NRC).
Verizon Communications expects revenue to rise as much as 8 percent this year as customers rush to buy more smartphones, particularly Apple Inc's iPhone.
U.S. stocks fell on Tuesday after disappointing profits and outlooks from blue chips such as 3M and Johnson & Johnson prompted investors to pause in the recent rally.
U.S. securities regulators were poised to adopt say-on-pay rules on Tuesday aimed at empowering shareholders to cast non-binding votes on executive pay, and to propose new rules designed to help regulators police hedge funds for systemic risk.
U.S. consumer confidence rose more than expected in January to its highest level in eight months, helped by growing optimism about the economy and the jobs market, according to a private sector report released on Tuesday.
