Citigroup Inc., the third-biggest U.S. bank, said it may consider further spending cuts in its securities and banking unit in 2012 after an investment of almost $1 billion failed to yield meaningful revenue.
The Nasdaq rose on Wednesday, powered by a strong earnings report from Apple, while the Dow and S&P 500 turned higher after the Federal Reserve said it would keep interest rates near zero through at least 2014.
She could hardly talk about Africa without tears in her eyes.”
As the GOP primary in Florida approaches, Sen. Marco Rubio attempted to frame himself as a political voice representing the nation's Hispanic community -- and failed.
Is fried food a danger to your health? A new study does not seem to think so. A recent study published in the British Medical Journal has found that the connection between fried foods and cardiovascular health is a mistake, so long as the oil used is sunflower or olive oil. In order to keep the fried food you eat from increasing your risk of heart disease, be sure to follow these tips.
The U.S. Federal Reserve on Wednesday said it will not raise interest rates until at least late 2014, even later than investors expected, in an effort to support a sluggish economic recovery.
Signed contracts for the sale of existing U.S. homes retreated from a 1-1/2-year high in December and demand for home loans fell last week, pointing to a moderation in home sales after recent hefty gains.
The Dow and S&P 500 fell on Wednesday on concerns over Greek debt talks, stalling a strong rally from last year, but the Nasdaq rose on Apple's forecast-beating results.
A lawsuit was filed in California against comedian Jay Leno, over a Mitt Romney joke, which showed a picture of the religion's holy Golden Temple of Amritsar as the presidential candidate summer home. The plaintiff, Indian-American Randeep Dhillon, called it a racist slur against Sikhs.
Megaupload founder Kim Dotcom (formerly Kim Schmitz) was denied bail by a New Zealand court on Wednesday after a judge and prosecutors determined he was an extreme flight risk.
The surge in shares of Apple Wednesday restored its status as the world’s most valuable company.
World stocks and the euro suffered on Wednesday as uncertainty about Greece's debt talks overshadowed strong economic data from Germany, blow-out earnings from Apple, and expectations that the Federal Reserve will push back the timing of an eventual rate hike.
Are Newt Gingrich and Mitt Romney the same? Vice President Joe Biden thinks so, and a side-by-side comparison of their positions shows more similarities than differences.
Now that Apple, the world’s most valuable company, has reported blowout first-quarter results for its best-ever period, it’s also disclosed holding $97.6 billion in cash and investments.
Rep. Gabrielle Giffords officially resigned from the House of Representatives on Wednesday in an emotional goodbye for the three term congresswoman serving Arizona's 8th congressional district. She returned to the House floor one last time as her colleagues unanimously approved her bipartisan border security legislation as she stepped down from office.
If you listened to the president’s State of the Union address Tuesday evening, you may have been confused. The rosy picture he painted of America as a thriving, secure, prosperous, and upwardly mobile nation doesn’t match reality, as you and I know it. In fact, Obama’s reckless deficit spending has taken this country to the edge of financial collapse, leaving us jobless, economically stagnant, lacking in innovation, and weak in our national defenses.
Kim Dotcom, founder of file-sharing sites Megaupload and Megavideo, was denied bail on Wednesday. A New Zealand judge ruled that the copyright infringement suspect, a.k.a. Kim Schmitz and Kim Tim Jim Vestor, would be in custody for at least another month, saying he posed a significant flight risk.
Beginning in March, devices of Sprint customers will roam on other wireless networks in many parts of Kansas and all but the metropolitan areas of Oklahoma. AT&T is calling a foul on the plan.
Delta Air Lines was diverting some flights on polar routes between Detroit and Asia to avoid disruptions to aircraft communications by a strong solar radiation storm, the airline said on Tuesday.
Several airlines were forced to divert flight patterns as radiation from a massive solar storm hit earth. The 2012 storm is the biggest in nearly a decade, according to scientists at NASA.
Operating in a foreign market can be daunting. For small business exporters, it is therefore crucial to receive advice and support from business partners.
Kim Dotcom, the founder of file-sharing site Megaupload.com who faces a lengthy jail term in the United States if convicted of racketeering, money laundering and Internet piracy, seems to have a mischievous sense of humor.