Stocks finished mixed, following a sell-off in Europe, on worries over Portugal possibly needing a financial bailout, ahead of the kick-off of the fourth-quarter earnings season.
The Federal Reserve's $600 billion bond-buying program helped solidify a shaky economic recovery and looks increasingly set to run its course, two top Fed officials indicated on Monday.
Iceland called in the U.S. ambassador in Reykjavik on Monday to register its displeasure at a U.S. court's demand for details of an Icelandic lawmaker's Twitter account, the State Department said.
India is considering using gold to temporarily settle oil trades with Iran. If India were to settle crude oil trade in gold (even temporarily), it may set a precedence that will further erode the international status of the U.S. dollar and bolster the reputation of gold.
One of Jared Loughner’s favorite books, according to the 22-year-old Arizona assassin’s YouTube profile, is Gulliver’s Travels. So, my theory is that Irish satirists put him up to it.
U.S. retail sales rose 4 percent in the 2010 holiday selling season and should rise 2.2 percent in the first quarter of this year, a group that measures customer traffic in retail locations said on Monday.
Only 10 days into 2011 and it is already shaping up to be AT&T's toughest year since its 2004 formation as it is set to lose the exclusive U.S. rights to sell Apple Inc's iPhone.
U.S. airlines and online travel sites have 60 days to comply with a new law designed to make it easier for passengers to know when they make a reservation what carrier will actually do the flying.
WikiLeaks' founder Julian Assange is due to appear in a London court on Tuesday as lawyers draw the battle lines in his fight to avoid extradition to Sweden for questioning about alleged sex crimes.
U.S. Rep. Gabrielle Giffords (D-AZ), who sustained a gunshot to the head during a Congress on Your Corner event in Tucson that killed six people, including federal judge John Roll, and injured 14 others, on Saturday, is still in critical condition but is expected to recover.
Rep. Gabrielle Giffords, D-AZ, continues to follow basic commands from physicians and there has been no progression on the swelling in her brain on Tuesday, the third day after surgery following a point-blank shooting incident on Saturday.
Morgan Stanley said it would spin off its proprietary trading unit as an independent firm by the end of 2012.
The biggest U.S. banks have stepped away from the brink of failure, but fourth-quarter earnings will likely show the financial crisis continues to weigh on profits.
The U.S. Patent and Trademark Office (USPTO) issued a record 219,614 patents in 2010, with IBM grossing the highest number of patents followed by Samsung and Microsoft.
Stocks recovered most of their early losses in light volume and ended slightly lower on Monday as prospects for strong earnings helped counter fears Portugal would be forced into a bailout.
The biggest risk to U.S. Rep. Gabrielle Giffords, D-AZ, is brain swelling, as she remains in critical condition on Monday, after a Saturday shooting.
The “Congress on Your Corner” event on Saturday morning, Jan. 8 in Tucson, Arizona was at least the second such constituent event hosted by U.S. Rep. Gabrielle Giffords that was attended by Jared Lee Loughner, the 22-year-old Tucson resident who is charged by federal authorities with shooting Giffords, and killing U.S. District Judge John Roll and Gabriel Zimmerman, a Giffords’ aide, according to the FBI.
The U.S. Consumer Product Safety Commission (CPSC) is setting up its first overseas office for consumer product safety after failing to persuade makers of defective Chinese drywall to compensate affected U.S. homeowners.
Socks cut losses on Monday as the euro gained ground against the U.S. dollar, reflecting reduced worries after calls for Portugal to seek a rescue from its debt crisis.
Education-related stocks are getting hammered this morning after a prominent company in the field, Strayer Education (Nasdaq: STRA) reported a 20 percent drop in poor enrollment for its latest winter term.
Verizon, Sprint and T-Mobile have their own share of 4G smartphones ready for release. Verizon has announced its 4G smartphone HTC Thunderbolt, the successor of Droid Incredible and Motorola Droid Bionic 4G, while Sprint showcased their HTC EVO Shift and T-Mobile had their share with Motorola Cliq 2, the successor of the Cliq XT which was launched last year. Also AT&T will get HTC Inspire 4G and Motorola ATRIX 4G.
U.S. retail sales rose 4 percent during the 2010 holiday season, and should rise 2.2 percent in the first quarter of 2011, research firm ShopperTrak said on Monday.
