U.S. asks banks to scrutinize Libya transactions
The Treasury has told American banks to closely monitor transactions that may be related to unrest in Libya for any possible signs that state assets were being misappropriated.
Mexico seasonally adjusted jobless rate dips in Jan
Mexico's unemployment rate, adjusted for seasonal swings, fell to 5.23 percent in January from 5.55 percent the previous month, aided by a recovery in Latin America's second largest economy, official data showed.
Manhattan loses jobs as outer boroughs grow: study
Manhattan lost nearly 110,000 jobs from 2000 to 2009 while its outer boroughs were gaining jobs, thanks to the growth of two sectors, education and healthcare, a think tank's report said on Wednesday.
France's Publicis faces $100 million gender bias lawsuit
A former public relations employee has sued Publicis Groupe SA for $100 million, saying the French advertising company discriminates against women in pay and promotions. Women make up 70 percent of the company's public relations staff but hold only about 15 percent of leadership positions, the lawsuit says.
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Exclusive: BofA to harvest retirement assets through Merrill
Bank of America Corp. is no Fidelity Investments when it comes to retirement accounts, but it boosted retirement assets under management by nearly 10 percent last year and is gunning for more by guiding bank depositors to Merrill Lynch advisers and its new online brokerage channel.
Getting dumped spurs matchmaking business
In the process of picking up the pieces of his own broken heart, Thomas Edwards stumbled upon a business helping others fix their love lives. After a college romance ended badly, Edwards' confidence tanked and his social life disappeared.
Trying to survive inflation? Ask Venezuelans!
Having lived with double-digit inflation since Ronald Reagan was in the White House, Venezuelans know a money-stretching trick or two the rest of the world could heed as soaring commodities push up prices.
U.S. seeks more data on Protalix drug; shares sink
Health regulators want more data on Protalix Biotherapeutics Inc and Pfizer Inc's experimental drug for Gaucher disease before deciding whether to approve the therapy for patients with the rare genetic disorder.
Fourth-quarter growth revised down unexpectedly
The economy grew more slowly in the fourth quarter than initially estimated as government spending shrank more sharply and consumer spending was less robust, a government report showed on Friday.
Wall Street rebounds from sell-off as oil eases
Wall Street rebounded on Friday after a week-long sell-off as oil prices stabilized from recent highs.
Consumer sentiment rises to best in 3 years: survey
Consumer sentiment rose to its highest level in three years in February, helped by an improving view of the labor market recovery, a survey released on Friday showed.
German MPs to vote on debt crisis motion in mid-March
Germany's parliament will vote in mid-March on a motion opposing most of potential solutions to Europe's debt crisis, possibly tying Chancellor Angela Merkel's hands ahead of a summit aimed at agreeing a deal.
Irish woes, margin take shine off Lloyds profit
British bank Lloyds took a 4 billion-pound ($6.5 billion) hit from bad debts in Ireland and margins will not improve this year, taking the shine off a return to profit for the part-nationalized lender.
Fourth-quarter growth revised down
The economy grew slower than initially estimated in the fourth quarter as government spending contracted more sharply and consumer spending was less robust, a government report showed on Friday.
UK economy shrank even more than first thought in Q4
Britain's economy suffered an even sharper slump than expected at the end of last year and would have shrunk slightly even without December's bad weather, official data showed on Friday.
U.S., Saudi reassure on growth as Libya turmoil drives oil
The world can weather a spike in oil prices, U.S. President Barack Obama said, as Saudi Arabia offered some respite to fears over Middle East oil supplies by indicating it can cover export cuts resulting from Libya's civil war.
Lloyds swings back to profit despite Irish hit
Part-nationalized British bank Lloyds swung back into profit last year after a recovery in its core UK retail banking operations absorbed a 4 billion-pound ($6.5 billion) hit on bad debts in Ireland.
U.S., Saudi Arabia offer reassurance as Libya turmoil drives oil
The world can weather a spike in oil prices, U.S. President Barack Obama said, as Saudi Arabia offered some respite to fears over Middle East oil supplies by indicating it can cover export cuts resulting from Libya's civil war.
SEC sets charges in portfolio pumping scheme
A U.S. regulator charged two financial firms and three individuals with violating federal securities fraud laws over an alleged portfolio pumping scheme to manipulate prices of several small U.S. stocks, generating more than $63 million of illegal proceeds.
AIG profits on asset sales, life unit strong
Bailed-out insurer American International Group Inc earned $11.2 billion in the fourth quarter on asset sales, but charges to expand its reserves for old asbestos claims pushed its underlying operations into another loss.
Jobless claims fall, durable orders mixed
New claims for jobless aid fell last week, indicating labor market healing, but declines in new home sales and orders for a range of factory goods in January showed the recovery remains uneven.
Wall St recovers off lows on oil drop, Boeing up late
Bruised but not bowed, bulls staged a rebound on Thursday and helped stocks stabilize in a volatile session suggesting investors aren't ready to give up on the market's rally.
Fed's Bullard says it's time to debate completing QE2
A senior U.S. Federal Reserve official said on Thursday he thinks it is time to consider tapering off or scaling back a $600 billion bond-buying program because of an improved economic outlook.
GM shares hit post-IPO low, oil risk trumps profit
General Motors Co posted fourth-quarter results that topped Wall Street expectations, but its shares fell below their IPO price as investor concerns shifted to the pressure from rising oil prices and higher costs of launching and selling new cars.
U.S. foreclosure deal slowed by infighting: sources
U.S. regulators' efforts to settle with banks over improper mortgage foreclosures are being hampered by infighting among the groups involved in the talks, and a settlement may take a while, according to sources familiar with the matter.
Late rebound on oil drop shows bulls still kicking
Bruised but not bowed, bulls staged a rebound on Thursday and helped stocks stabilize in a volatile session suggesting investors aren't ready to give up on the market's rally.
Wall St slips in sell-off's 3rd day as oil jumps
U.S. stocks fell for a third day on Thursday as U.S. crude oil prices hovered near $100 a barrel on violence in Libya.
Target, Kohl's say consumer spending gains fragile
Mid-tier department store operator Kohl's Corp expects more sales gains this year, while discount retailer Target Corp said fewer shoppers are defaulting on their credit card debt -- signs that consumers' finances are getting better, slowly.
GM shares at post-IPO low, oil risk trumps profit
General Motors Co posted fourth-quarter results that topped Wall Street expectations, but its shares fell below their IPO price as investor concerns shifted to the pressure from rising oil prices and higher costs of launching and selling new cars.
New home sales drop 12.6 percent in January
New U.S. single-family home sales fell more than expected in January, a government report showed on Thursday, pulled down by a plunge in activity in the country's West as a homebuyer state tax credit in California ended.
GM posts profit, shares under pressure
General Motors Co posted fourth-quarter results that topped Wall Street expectations, but its shares dipped below its IPO price as investor concerns shifted to the pressure ahead from rising oil prices and other costs.
Blindsided by love, says accused ex-Disney employee
She did it for love, a designer handbag and shoes. Bonnie Hoxie, a former Walt Disney Co (DIS.N) executive's secretary, told a federal judge on Tuesday she was blindsided by love and did not make the correct choices in giving confidential company information to her then-boyfriend a year ago.
Americans oppose taking away union bargaining: poll
Most Americans oppose laws that would take away the collective bargaining power of public employee unions, as in a proposal in Wisconsin that has sparked mass protests, as well as Ohio and other states, according to a USA Today/Gallup Poll released on Wednesday.
GM Brazil chief quits amid tumble in market share
The head of General Motors Co's (GM.N) Brazilian unit, Denise Johnson, has stepped down after just eight months on the job, the company said. Johnson's resignation, announced on Tuesday, comes amid a decline in GM's market share in Brazil.
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Americans Were Asked What They'd Do With An Extra Month's Income. Nearly Half Would Spend None Of It.
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Riyadh Airport Will Stay Closed Until October 17. Major Airlines Are Extending Flight Cancellations.
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The American Dream Now Costs $5.3 Million. Even College Graduates May Not Earn Enough To Cover It.
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Wall Street Is Trading Near Record Highs. The Richest 1% Own More Than Half Of America's Stock Wealth.
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Social Security Checks Could Get A Bigger Boost In 2027. Here's How Much More Retirees May Receive.
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Starbucks Says It Is Not Buying Chipotle. The Denial Sends Chipotle Shares Tumbling.
