Stocks rose on Thursday as investors returned to financial and technology shares on bets the recent rally could have more room to grow after a brief pullback.
Stocks rose on Thursday, lifted by a rebound in technology shares, while a surprisingly big rise in weekly jobless claims brought new worries about the economy and pushed defensive shares higher.
Smaller, shorter and slower will be the key factors governing U.S. public-private partnerships going forward after recent proposed deals imploded due to political or financing troubles.
Senator Arlen Specter's switch to the Democratic Party appears to be paying off with a poll on Monday showing him ahead in his 2010 re-election race in Pennsylvania.
U.S. energy companies rushing to exploit Pennsylvania's massive natural gas reserves have launched a public relations campaign to calm fears the bonanza is contaminating water with toxic chemicals.
Forget the goody bags. Many shareholders accustomed to grabbing free food and gifts at U.S. corporate annual meetings are going home empty-handed.
U.S. stocks declined on Thursday as bleak reports on housing and the labor market dented hopes the economic slump was abating and outlooks from bellwethers like UPS heightened worries about corporate profits.
U.S. stocks declined on Thursday as bleak reports on housing and the labor market dented hopes the economic slump was abating and outlooks from bellwethers like UPS heightened worries about corporate profits.
The Feds raid the Pennsylvania offices of a unit of Germany's Siemens AG on Wednesday as part of an investigation of a Siemens contract with the U.S. military, a company spokesman said.
Wells Fargo & Co posted a record first-quarter profit of $3.05 billion as a surge in mortgage refinancings helped it displace Bank of America Corp as the nation's largest home lender.
Barack Obama's presidency has been a wild ride for the U.S. Congress and lawmakers are bracing for more turbulence when they begin returning on Monday to tackle an array of tough issues from healthcare to energy.
The Dow and S&P 500 rose on Wednesday after better-than-expected regional factory data lifted hopes that the recession is moderating and prompted investors to buy some shares of manufacturers such as United Technologies and 3M Co .
The Dow and S&P 500 rose on Wednesday after better-than-expected regional factory data lifted hopes that the recession is moderating and prompted investors to buy some shares of manufacturers such as United Technologies and 3M Co .
U.S. banks have been told to keep quiet for now about results of a sweeping regulatory checkup into their health, raising questions about whether investors are being wrongly kept in the dark.
Sales at U.S. retailers unexpectedly fell 1.1 percent in March after rising for two straight months, government data showed on Tuesday, dimming hopes the 16-month-old recession was close to hitting bottom.
Former Qwest International Inc Chief Executive and convicted insider trader Joseph Nacchio appears headed for prison on Tuesday after a years-long legal battle marked by a litany of appeals and verdict reversals.
If Wells Fargo's strong first-quarter preliminary performance is any sign, stocks could rally further this week on any reassuring news when three other big banks post quarterly results.
If Wells Fargo's strong first-quarter preliminary performance is any sign, stocks could rally further this week on any reassuring news when three other big banks post quarterly results.
If Wells Fargo's upbeat first-quarter performance is any sign, Wall Street could rally further next week on any reassuring news from three other big banks due to post quarterly results.
Moody's Investors Service cut its credit ratings on Berkshire Hathaway Inc from Aaa, the top rating, saying the recession and investment losses at insurance operations of investor Warren Buffett's holding company reduced its ability to support funding needs.
Aluminum giant Alcoa Inc continued to grapple with the economic downturn in the first three months of 2009 as its measures to stem losses bore fruit, reporting a deficit half as small as the previous quarter.
Don't look now, but the U.S. stock market may be headed for another royal smackdown with fears that first-quarter results will fail to show signs of an upturn for Corporate America.