Goldman Sachs Group Inc scored at least one victory in an otherwise tough week - this one against a coalition of religious groups.
A top regulator on Friday slammed a House bill to boost small business growth, adding to the chorus of critics who appear poised to derail passage of a rare bi-partisan bid to spur growth in an election year.
The Federal Trade Commission is examining whether Google deceived consumers by planting so-called Internet cookies in Apple's Web browser without users' consent, Bloomberg reported on Friday.
The primary advocate group for former MF Global customers is undertaking an effort to convert the commodities broker's bankruptcy status to one that allows a more streamlined liquidation process, saying it would preserve more potential payback for customers.
Consumer prices rose the most in 10 months in February as the cost of gasoline spiked, but there was little sign that underlying inflation pressures were building up.
The U.S. Federal Trade Commission is examining whether Google deceived consumers by planting so-called Internet cookies in Apple's Web browser without users' consent, Bloomberg reported on Friday.
Hedge fund manager Philip Falcone's LightSquared lost its main business partner, Sprint Nextel Corp , but gained $65 million from the breakup that may help its last-ditch effort to get regulatory approval to establish a high-speed wireless network.
Deficits for the next two fiscal years would be slightly higher than the White House envisions if President Barack Obama's budget plan were adopted, the Congressional Budget Office said on Friday.
Seven employees from a non-profit organization created by Newmont Mining's Peruvian subsidiary have been detained by townspeople near the company's stalled $4.8 billion Conga mine, the group said on Friday.
India's budget proposal for 2012, although containing a few welcomed provisions, failed to convince the world that the ruling Indian National Congress party will make meaningful policy changes to tackle the country's structural problems.
Gold was largely unchanged on Friday, but posted its second-biggest weekly decline this year due to an early week drop after the FederalReserve withheld additional easing amid a string of encouraging U.S. economic data.
The S&P 500 closed out its best week in three months with a slim gain on Friday as investors continued to propel equities near four-year highs.
The Violence Against Women Act is at the center of an explosive debate in Congress this week. The bill has been authorized twice since its introduction in 1994, but this time Republicans are putting up a fight. Either way, things are looking up for Senate Democrats.
A group of 188 lawmakers on Friday urged President Barack Obama to crack down on predatory Chinese pricing practices, which they said are threatening the auto parts industry.
Hedge fund manager Philip Falcone's LightSquared has lost its main business partner, Sprint Nextel Corp , which returned $65 million in payments to the telecommunications startup.
The S&P 500 rose slightly on Friday and was on track for its best week in three months as investors continued to propel equities near four-year highs.
Glencore is planning a three-way carve-up of Canada's largest grain handler Viterra , an industry source said, to help navigate a politically charged federal review process if it wins a looming bidding war for the company.
The S&P 500 edged higher on Friday in its best week in three months as two slightly softer economic reports, although capping gains, were unable to shake the optimism over the economy that has helped drive stocks to near four-year highs.
With massive debts to repay, Dublin was compelled to accept huge bailouts from the European Union and International Monetary Fund.
The S&P 500 extended its run in its best week in three months on Friday as a pair of slightly softer economic reports, although capping gains, were unable to shake the optimism over the U.S. economy that has helped drive stocks to near four-year highs.
Given the lack of sufficient infrastructure and endless political instability, Sudan’s energy sector faces many monumental challenges.
Consumer prices rose the most in 10 months in February as the cost of gasoline spiked, but there was little sign that underlying inflation pressures were building up.
Is George Clooney’s satellite monitoring of Sudan ethical?
Stocks were flat on Friday as data showed inflation remained in check last month as the domestic economy continues to improve, but consumer sentiment slipped.
Stocks pared early gains to briefly trade negative on Friday after data showed consumer sentiment fell in March.
British politicians visiting Wall Street would once have been only too happy to have their photograph taken with the head of Goldman Sachs. This week in New York, Prime Minister David Cameron met Goldman Chief Executive Lloyd Blankfein and other bankers in private.
The euro zone may raise the combined lending power of its bailout funds to close to 700 billion euros from 500 billion in a trade-off between German opposition to committing more money and calming markets, euro zone officials said.
Consumer prices rose by the most in 10 months in February as the cost of gasoline spiked, but there was little sign that underlying inflation pressures were building up.
Bo Xilai has been sacked from his position as the Communist Party Chief of Chongqing. The state-owned Xinhua News Agency’s coverage of the event was brief and unceremonious, belying its critical significance.
Stocks were set for a modestly higher open on Friday as data showed inflation remained in check as the domestic economy continues to improve.
