Warm weather and a desire to refresh wardrobes should have helped retailers increase sales in April, showing consumers are willing to spend a little more in an improving economy.
Craigslist.com was subpoenaed on Monday by Connecticut's attorney general, who is investigating whether the popular online classified ad service is doing enough to quash prostitution on its site and whether it may be profiting from it.
U.S. consumer confidence firmed to a 1-1/2-year high in April, while house prices rose in February on an annual basis for the first time in more than three years, in fresh signs of a strengthening economy.
General Motors Co on Tuesday said it would invest about $890 million to upgrade five North American plants to build the next-generation V8 engine for its full-sized pickup trucks.
U.S. home prices fell in the month of February, but rose compared to a year ago for the first time in more than three years, in the latest sign that the housing market is slowly recovering.
Home prices fell in the month of February, but rose compared to a year ago for the first time in more than three years, in the latest sign that the housing market is slowly recovering.
The writer of a book entitled How I caused the credit crunch worked for the unit of Goldman Sachs that sold the financial product at the heart of U.S. fraud allegations against the bank.
Stocks staged a late-day comeback on Thursday as strong quarterly profits from consumer bellwethers like Starbucks Corp outweighed worries about Greece's shaky finances.
Stocks staged a late-day comeback on Thursday as another steady drumbeat of strong quarterly profits from consumer bellwethers like Starbucks Corp outweighed worries about Greece's finances.
Uniformed doormen and apartment building workers reached a deal with New York building owners on Wednesday, narrowly averting a strike that would have left residents running elevators, disposing of trash and doing other chores themselves.
With some of Wall Street's most volatile names on the earnings calendar next week, investors may want to keep the antacids handy.
Seven former wealthy U.S. clients of UBS AG were charged on Thursday with filing false tax returns, collectively hiding more than $100 million held offshore in Swiss accounts.
Private equity firm Quadrangle Group LLC settled its part of a long-running pay-to-play probe involving the state's $129.4 billion pension fund, but the accord excludes co-founder Steve Rattner, who remains under scrutiny.
Seven former U.S. clients of UBS AG were charged with failing to pay taxes for assets held offshore in Swiss accounts, with one attempting to evade tax on $20 million, according to court documents on Thursday.
Private equity firm Quadrangle Group LLC settled its part of a long-running pay-to-pay probe involving the state's $129.4 billion pension fund, but the accord excludes co-founder Steve Rattner, who remains under scrutiny.
U.S. stocks were little changed on Thursday as an upbeat profit forecast from United Parcel Service pushed up transportation shares, offsetting concerns about a rise in weekly jobless claims.
Stocks fell on Tuesday as investors worried about a report Greece wants to renegotiate a financial aid package and on the prospect of rising interest rates.
For over a decade, New York state has papered over budget deficits and over-spending by shuffling money among accounts, siphoning cash from dedicated funds and abusing temporary loans, according to a report released on Monday.
The Treasury on Monday pledged to sell its 7.7 billion Citigroup Inc shares this year, a step that further reduces the government's influence on the banking giant.
UBS adviser Chuck Huebner knew he was done with big brokerages when some supervisors questioned a stock he had purchased for one of his clients. The offending equity? Berkshire Hathaway.
The manager of teen pop star Justin Bieber was arrested on Wednesday for refusing to warn fans on Twitter about overcrowding at a shopping mall event, narrowly avoiding a horrible disaster, authorities said.
Stocks rose on Monday, building on last week's strength, as the passage of a bill overhauling the healthcare system ended much of the uncertainty about the issue for investors.
