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Best Buy reported lower-than-expected sales and profit, hurt by rising costs to expand its business and signs of weaker consumer demand, sending its shares down 6 percent.

Best Buy reported lower-than-expected sales and profit, hurt by rising costs to expand its business and signs of weaker consumer demand, sending its shares down 6 percent.

Credit rating agencies like Moody's Corp and Standard & Poor's hoped to win a reprieve on Tuesday from a proposal that would upend their business model as U.S. lawmakers sat down to craft a final rewrite of financial regulations

Manufacturing in New York state grew in June even as employment declined, supporting the view the factory sector is recovering, while import prices recorded their largest decline in nearly a year in May.

Stocks advanced on Tuesday as multinationals climbed in sync with the euro after a number of successful European debt auctions eased investor concerns about the continent's solvency crisis.

Credit card delinquencies fell again at major lenders in May as more consumers managed to pay their bills despite a sluggish economic recovery.

U.S. crude oil futures climbed on Tuesday after the euro and equities markets rose when debt auctions in Europe bolstered investor confidence in global economic recovery.

Embattled credit-rating agencies like Moody's Corp and Standard & Poor's could catch a break on Tuesday when U.S. lawmakers sit down to craft a final rewrite of financial regulations.

U.S. lawmakers blasted major oil companies on Tuesday for virtually worthless and cookie cutter plans to handle a deepwater oil disaster as top industry executives testified on BP's massive spill in the Gulf of Mexico.

Small banks believe they have no choice but to support Visa Inc and MasterCard Inc in a battle against lawmakers over fees for processing debit card transactions.

Manufacturing in New York state grew in June even as employment declined, while U.S. import prices recorded their largest decline in nearly a year in May, reports on Tuesday showed.

Stocks rose on Tuesday as the euro strengthened after successful European debt auctions and U.S. data showed inflation remained under control.

Executives from other major oil companies turned on BP Plc and defended their own drilling practices during a U.S. congressional hearing on Tuesday as they sought to stave off new government regulations in the wake of BP's oil spill in the Gulf of Mexico.

OnLive announced on Tuesday initial lineup of games and a new pricing plan ahead of its launch on Thursday, as the cloud-gaming service prepares its much anticipated rollout.

Oil rose toward $76 on Tuesday, drawing support from forecasts of reduced crude stockpiles in the United States, but wary after a Greek sovereign debt downgrade that underlined the extent of the euro-zone crisis.

Foreign investors reduced purchases of long-term U.S. securities in April but remained net buyers, while China raised its U.S. Treasury holdings for a second straight month, the Treasury Department said Tuesday.

As I've mentioned a few times, geothermal looks to be approaching a rolling boil. A few more positive indicators on the sector presented themselves over the past week. First came news last week that the state of Alaska will reduce royalty rates for geothermal projects on state lands. Previously, state geothermal royalties had been set at a towering 10 to 15% of gross revenues. Under the new legislation, this will fall to 1.75% during the first ten years of income-generating production. After ten...

Stocks were set to rise at the open on Tuesday as data showed inflation continues to be under control and strong demand at European debt auctions eased concerns about euro zone fiscal problems.

Nestle is suing U.S. food group Sara Lee in France for patent infringement of its Nespresso coffee system, the Swiss company said on Tuesday, aiming to protect its top-selling product.

Indian equity markets are showing signs of higher volatility and hinting at consolidation from its current levels primarily on the back of overseas economic concerns, the gold prices are once again believed to scale up to make newer highs in near future.

Best Buy Co's quarterly profit and sales missed Wall Street estimates, hurt by a sharp decline in prices for television sets, sending its shares down over 6 percent.