Mayor Michael Bloomberg warned that if the city of New York does not start tackling its budget deficit problems now, they could haunt the city for decades.
Home resales jumped more than expected in December despite bad weather as sellers cut prices, offering some hope for a sector that has been struggling to recover from its worst slump in modern history.
The Dow and S&P were flat on Thursday while the Nasdaq slipped as investors paused to digest corporate earnings against raised expectations in a market many analysts viewed as extended.
Bill Draper speaks to IBTimes about his views on venture capital investments.
The leadership of the Roman Catholic Church is embroiled, once again, in a sexual abuse scandal or, more properly speaking, another aspect of the same sexual abuse scandal that has haunted the Church for over 20 years.
U.S. securities regulators adopted new rules on Thursday that aim to give investors better information before they decide to invest in asset-backed securities, a market still struggling to recover from the financial crisis.
UnitedHealth Group Inc posted a higher-than-expected fourth-quarter profit, helped by moderating use of medical services by its members and enrollment growth across its health insurance plans.
President Barack Obama will deliver remarks at the 50th Anniversary of John F. Kennedy's Inauguration on Thursday
U.S. regulators adopted new rules Thursday that seek to give investors better information before they decide to invest in asset-backed securities, a market that's still struggling to recover from the financial crisis.
U.S. initial jobless claims fell more than expected last week and showed their biggest decline since February, in a hopeful sign for the U.S. labor market.
Wall Street fell for a second day on Thursday as earnings failed to live up to lofty expectations and investors booked profits in a market extended by weeks of gains.
U.S. home resales jumped more than expected in December and claims for new jobless claims last week posted their biggest decline in nearly a year, showing two key economic trouble spots on the mend.
A new survey reveals kids aged 2-5 are more likely to know how to use a smartphone app than tie their shoelaces.
Stocks fell on Thursday as upbeat economic data on jobs and housing failed to offset a selloff in the technology and materials sectors.
At least 48 people were killed in Iraq on Thursday in bombings targeting Shi'ite pilgrims and police, a third day of bloodshed that posed a challenge to Iraqi security forces as U.S. troops prepare to withdraw.
South Korea agreed on Thursday to a North Korean offer of high-level military talks, a major breakthrough in the crisis on the peninsula which improves the prospect of renewed aid-for-disarmament negotiations.
Iran said it had no fresh offer to make to revive a nuclear fuel swap proposal but was ready to discuss it in talks with world powers on Friday, and Russia said ways of easing sanctions on Tehran should be addressed too.
President Barack Obama urged Chinese President Hu Jintao to let the value of China's yuan currency rise and delivered a strong message on U.S. concerns over Beijing's human rights record at a summit on Wednesday.
Morgan Stanley posted a 60 percent increase in fourth-quarter shareholder profit, helped by rising revenue in its retail brokerage business.
U.S. stocks fell on Thursday led by losses in the technology sector and on worries that China's rapid growth may lead to more aggressive measures to tackle inflation.
Wal-Mart Stores Inc is headed to Washington to unveil its plan to promote healthier and more affordable food options at its stores.
U.S. online retailer Amazon.Com is to buy the 58 percent of British DVD and games rental firm Lovefilm it does not already own for an undisclosed price, it said on Thursday.