Hackers have flooded the Internet with virus-tainted spam that targets Facebook's estimated 400 million users in an effort to steal banking passwords and gather other sensitive information.
Current Fannie Mae and Freddie Mac mortgage-backed securities are likely to retain U.S. government backing should Congress create a new system for financing U.S. homes, Federal Reserve Board Chairman Ben Bernanke said on Wednesday.
Lawyers seeking civil damages against Toyota Motor Corp on behalf of U.S. consumers for diminished resale value of recalled vehicles are broadening their cases to add racketeering claims against the automaker.
Nike Inc posted a return to sales and profit growth on Wednesday and forecast higher expected orders around the world after a year of declines, sending its shares up more than 3 percent.
Google Inc's Nexus One smartphone will soon be available to subscribers of Sprint Nextel Corp, the second U.S. wireless service provider to announce an agreement to support the touchscreen phone.
A package of tax breaks and highway spending cleared the Congress on Wednesday, the first of what Democrats hope will be several efforts to bring down unemployment rate.
China on Wednesday rejected criticism of its exchange rate policies and said it was being made a scapegoat after the U.S. Congress threatened to slap duties on Chinese goods unless it revalues its yuan.
The three major U.S. indices rallied to new 2010 highs on Wednesday, with the Dow Jones Industrial Average finally surpassing its January 19 peak.
U.S. producer prices in February posted their biggest fall in seven months as energy costs tumbled, validating the Federal Reserve's decision to hold interest rates very low on evidence of tame inflation.
Lara Lewis used to be a stressed-out single mother whose teaching job left her little time for her young daughter, but now she works from home, selling an estimated $60,000 a year worth of jewelry online.
JimmyJane, a startup that makes vibrating sex toys, raised $2 million from investors, according to a recent regulatory filing.
A new version of a cybersecurity bill was introduced in the Senate on Tuesday that may eliminate some opposition to the measure from the tech industry.
Sprint Nextel will unveil a cellphone from HTC Corp next week that will be the first to support WiMax, Sprint's fastest wireless service, according to analysts.
A Lehman Brothers bankruptcy examiner's report will help securities regulators in their investigation of large financial firms involved in the Wall Street meltdown, a top regulator said on Wednesday.
Stocks climbed on Wednesday, pushing the Dow to a recovery high, after a benign February inflation reading buttressed the Fed's renewed vow of low interest rates.
The basic materials and financial sectors on Wednesday lifted the Dow Jones Industrial Average to a new 2010 intraday high of 10,766.
General Motors Co has a reasonable chance to show a profit in 2010 and could sell shares by late this year though it has no timetable for an IPO that would reduce the U.S. government's majority stake, Chief Financial Officer Chris Liddell said on Wednesday.
(Reuters) - President Barack Obama picked up his first convert in the push for healthcare reform on Wednesday as Democrats in the House of Representatives prepared for a close weekend vote on final passage.
Fannie Mae, the largest provider of U.S. residential funding, on Wednesday slashed its forecast for residential investment this quarter following a setback in home sales, and warned on its impact on the economic recovery.
Help the Parkinson's sufferers in Australia cope up with the trauma of having the disease early in life
Stocks rose on Wednesday, with the Dow hitting a recovery high, as the Fed's renewed promise of low interest rates was underscored by a benign inflation reading.
Producer prices in February posted their biggest fall in seven months as energy costs tumbled, validating the Federal Reserve's decision to hold interest rates very low on evidence of tame inflation.
