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Market looks to JPMorgan earnings for direction

JPMorgan Chase & Co. is set to report earnings tomorrow at 7:00 a.m., New York time. Analysts are expecting earnings of $0.61 per share, according to data compile by FactSet.

Gold price heading toward $1,650: Jim Sinclar

The gold price boom in the last one year has turned several commodities analysts into bullion experts. But when it comes to consistent forecast of gold price, everyone loves to listen to what Jim Sinclair utters. A seasoned gold bull, Sinclair has been arguing all these years that gold is real money and thus gold price is headed for a boom.

SEC sues Bank of America again, on Merrill losses

The Securities and Exchange Commission sued Bank of America Corp for a second time over its takeover of Merrill Lynch & Co, accusing the bank of failing to disclose huge losses at Merrill before shareholders voted on the merger.

FDIC staff proposes tying bank fees to pay

U.S. banks with compensation plans that encourage risk-taking would have to pay more for deposit insurance under a plan floated by the staff of the Federal Deposit Insurance Corp on Tuesday.

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GE loses wind turbine patent fight with Mitsubishi

The U.S. International Trade Commission said on Friday that it found no violation of General Electric wind turbine patents by Mitsubishi, and it terminated its investigation.

Stuyvesant Town owners to miss loan payment: report

Owners of Stuyvesant Town and Peter Cooper Village, a vast New York apartment complex, will miss a $16 million loan payment on Friday, putting them in technical default on their mortgages, the New York Times said, citing executives briefed on the matter.

Google sweetens bid for On2, shares up

Google Inc sweetened its bid for On2 Technologies with a cash portion that boosts the deal value by 20 percent to $134 million, months after shareholders of the video compression technology company balked at the initial price.

Police Woman TV producer David Gerber dies, age 86

Award-winning television producer David Gerber, who worked on a range of programs from series like 1970s hit Police Woman to 2006 TV movie Flight 93, has died at age 86, his spokesman said on Tuesday.

H&R Block settles nationwide IRA lawsuit

H&R Block Inc will pay as much as $20.2 million to settle a New York lawsuit accusing it of fraudulently marketing retirement accounts that caused hundreds of thousands of mostly lower-income clients to lose money.

H&R Block settles nationwide IRA lawsuit: Cuomo

Time Warner Cable, Fox at impasse; blackout looms

About 13 million Time Warner Cable Inc subscribers were to lose most Fox programing at midnight on Thursday unless the cable service provider reached a last-minute deal to pay fees to News Corp to broadcast the shows.

Guilty plea on tax charge in $1.8 bln NYC property sale

A project director who helped broker the 2005 sale of Riverside South Properties, one of New York City's largest real estate transactions, has pleaded guilty to a tax evasion charge but is not expected to face prison time.

Rivals climb as YRC fights to survive

As troubled U.S. trucker YRC Worldwide fights to stay afloat, investors scooped up stocks in its rivals on Tuesday in anticipation of a bankruptcy.

Wall Street set to rise after home price data

Wall Street was set for a higher open on Tuesday after data showed home prices were unchanged in October and analysts said it suggested slow stabilization in the housing sector.

Ultra Petroleum to buy assets in Marcellus Shale

Ultra Petroleum Corp (UPL.N) said it would pay about $400 million to an unnamed private company to buy a stake in the burgeoning U.S. Marcellus Shale region, the latest oil and natural gas explorer to expand its footprint in the area.

Brad Ferro doesn't remember punching Snooki (VIDEO)

The gym teacher from Queens, New York who punched Jersey Shore star Nicole Polizzi Snooki on the show says he does not recall throwing the punch.

FTC sues chip giant Intel

The U.S. government filed suit against Intel Corp on Wednesday, alleging that the chip giant illegally used its dominance of the market for a decade to stifle competition and strengthen its monopoly.

Federal Trade Commission sues Intel for abusing market dominance

The U.S. government filed suit against Intel Corp on Wednesday, accusing the chip giant of illegally using its market dominance to stifle competition for a decade.

Federal Trade Commission sues chip giant Intel

The government filed suit against Intel Corp on Wednesday, alleging that the chip giant illegally used its dominance of the market for a decade to stifle competition and strengthen its monopoly.

Wall St slips on inflation concern

U.S. stocks fell on Tuesday, with the Dow and S&P 500 moving off 14-month highs, as a climb in producer prices raised inflation concerns.

Houston eyes Asia trade as Panama Canal expands

Warehouses holding everything from beer kegs to frozen chickens crowd the roadside along Highway 146 south of Houston, and a ferocious building boom is adding acres more, thanks to an even bigger project 1,800 miles away in Panama.

Verizon CEO gearing up for retirement, or not?

Verizon Communications Ivan Seidenberg, 63, definitely falls into that category as evidenced by his request that the Wall Street Journal's Joann Lublin keep his reply off the record when she asked him about succession at a conference on Friday.

NY fund manager admits multimillion dollar fraud

A jailed New York hedge fund manager whose fraud was revealed in the wake of the Madoff scandal, admitted in court on Friday to fabricating client account statements and overstating asset values by hundreds of millions of dollars.

Strong sales boost recovery hope

Consumers stepped up their spending in November and grew more optimistic this month, unexpectedly strong data showed on Friday, raising hopes a self-sustaining economic recovery was starting to unfold.

NY fund manager pleads guilty to $150 million fraud

A jailed New York hedge fund manager whose fraud was revealed in the wake of the Madoff scandal, pleaded guilty in court on Friday to charges of bilking investors of an estimated $150 million.

Strong sales, sentiment data boost U.S. recovery hope

U.S. consumers stepped up their spending in November and grew more optimistic this month, unexpectedly strong data showed on Friday, raising hopes a self-sustaining economic recovery was starting to unfold.