The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.
U.S. stocks trimmed gains to trade flat on Monday as investors locked in some profits in cautious trading before earnings season picks up steam.
KB Home shares fell 6 percent Monday, the first trading day after the homebuilder said it was being investigated by the U.S. Securities and Exchange Commission over possible accounting and disclosure issues.
Citigroup Inc has been fined $600,000 by the Financial Industry Regulatory Authority over failing to police derivatives transactions that helped foreign clients avoid taxes on dividends.
Citigroup Inc has been fined $600,000 by the Financial Industry Regulatory Authority for failing to police derivatives transactions, including those that helped foreign clients avoid taxes on dividends.
Private equity firm Blackstone Group plans to take advantage of improved equity markets to list up to eight of its portfolio companies, according to a source who received a letter the firm sent to investors.
Users of Microsoft Corp's Sidekick mobile phone may have permanently lost data such as contacts, photos and calendar entries due to the failure of a Microsoft server computer.
Stocks rose on Monday on expectations of positive earnings and help from a weaker dollar, putting the benchmark S&P 500 on track for its sixth straight higher finish.
Users of Microsoft Corp's Sidekick mobile phone may have permanently lost data such as contacts, photos and calendar entries due to the failure of a Microsoft server computer.
Shares of Digital River Inc slumped 41 percent, after the e-commerce services provider said its top customer Symantec will not extend an existing contract to manage its online traffic.
Germany's biggest digital frequency auction -- set to generate up to 5 billion euros ($7.4 billion) -- can go ahead next year as planned despite complaints from the European Union and small operators.
British pest control to parcel delivery company Rentokil Initial has chosen Google to manage its electronic communications, making it the largest company to deploy Google's Apps worldwide to date.
Stocks advanced on Monday on a sign of renewed interest in initial public offerings and a weaker U.S. dollar that drove commodities prices higher, boosting energy and materials shares.
Stocks rose on Monday as continued optimism over the economy lifted energy and other commodity prices, which were also helped by a weaker U.S. dollar.
The dollar gained for the second straight session against the yen on Monday, rising to a more than two-week high, with traders covering short positions as they debated the timing of a tightening in U.S. monetary policy though some investors remained cautious.
Stock futures pointed to a higher open on Wall Street on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
U.S. stock index futures pointed to a higher open on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
Funds advised by U.S. private equity group J.C. Flowers & Co LLC have taken legal action seeking to prevent the full nationalisation of German bank Hypo Real Estate (HRXG.DE), the investment group said.
Stock futures pointed to a higher open on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
China has banned foreign investment into its lucrative online games industry in an effort to tighten control over its virtual worlds.
The swift downturn in California's economy and the ensuing wave of job losses cost Sue and Nabil Boctor their house.
British bank Lloyds (LLOY.L) has lined up six investment banks to run a rights issue expected to be worth over 10 billion pounds ($15.9 billion) as the lender seeks to cut its reliance on the government, people familiar with the matter said on Monday.
British Prime Minister Gordon Brown plans to detail a sale of government assets on Monday aimed at raising 3 billion pounds ($4.8 billion), a draft of a speech provided by his office showed on Sunday
U.S. President Barack Obama's top economic adviser said on Monday the United States is on the path toward economic recovery, conditions in financial markets are steadier and there have been initial signs of stabilization in the housing market.
Demand for public stock offerings in Hong Kong and throughout the region remains strong, despite a few recent deals that struggled, according to a panel of three investment bankers and one hedge fund investor.
Stock futures climbed on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
U.S. stock index futures climbed on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
European stocks were up 1.2 percent by midday on Monday, hitting a near three-week high, as forecast-beating results from Philips (PHG.AS) fuelled hopes over results ahead of this week's earnings from bellwethers.
Chinese shares lostearly gains to profit-takers on Monday, with worry over hugesupplies of new shares from IPOs offsetting the impact ofmarket-friendly central government measures on the mainland.
