The safe-haven Swiss franc nursed heavy losses in Asia on Friday, having posted record one-day falls against the euro and dollar after the Swiss National Bank threatened to step up its fight to curb the franc's strength.
The U.S. government effort to set up state-run health insurance exchanges may be falling behind schedule, but technology firms are lining up for the lucrative contracts to build the network's infrastructure.
Nvidia Corp beat third-quarter revenue forecasts, sending its shares skyrocketing, as the graphics chipmaker accelerates a push into the fast-growing mobile device market.
TCW's incoming CEO in 2009, Marc Stern, tried to sow discord and drive a wedge between Jeffrey Gundlach and his tight-knit mortgage-backed securities team, Gundlach testified on Thursday.
People who use Google Inc's social network Google+ will be able to play games, a feature available on its biggest rival Facebook.
Zynga Inc, developer of popular Facebook games such as Farmville, said it is changing how it measures the average playing time for its paying users and has arranged a $1 billion revolving line of credit.
Chinese social networking site Renren Inc posted a small quarterly profit as online advertisement segment rose, but forecast third-quarter revenue largely below market expectations, sending its shares down 8 percent in aftermarket trade.
The Republican Party argues it's the party of job creation, but the statistics indicate otherwise, at least concerning U.S. presidential administrations. Democratic presidents have a higher annual job creation average, 1.647 million per year, than Republican presidents, 966,388 per year.
These days, every day in the market is an adventure. But some daytraders are making a killing, taking advantage of wild market swings that have scared off even strong-stomached investors.
U.S. banks still wrestling with legal troubles springing from the subprime mortgage crisis are lobbying the new consumer agency for strong legal protection for future home loans.
Stocks shot up 4 percent on Thursday as bargain-hungry investors overcame the recent wave of fear that drove selling over the last two weeks.
The number of Americans claiming new jobless benefits fell to a four-month low last week, a sliver of hope for an economy battered for days by a credit rating downgrade and falling share prices.
Stocks rose 4 percent on Thursday as the market bounced back from its recent pummeling and investors cheered results from Cisco and U.S. jobless claims data.
Stocks jumped on Thursday as solid results from Cisco and mildly encouraging U.S. jobs data gave investors an excuse to scoop up shares beaten down in several days of sharp selling.
U.S. banks still wrestling with legal troubles springing from the subprime mortgage crisis are lobbying the new consumer agency for strong legal protection for future home loans.
Gold and silver settled lower Thursday after investors returned to stocks amid encouraging news from the Labor Department and stricter margin requirements from the CME Group Inc., which runs US futures markets.
A new crisis of confidence gripped Europe's banking industry Thursday as its borrowing costs soared, lenders sought emergency funding, and some institutions reviewed exposure to French banks in particular.
With social media brutally accelerating the news cycle and allowing rumors from riots to bank failures to spread at lightning speed, politicians, businesses and governments must adapt fast.
AOL said on Thursday it would buy back $250 million of its stock, a move presumably intended to boost confidence in the shares, which fell 32 percent in two days.
U.S. home mortgage interest rates fell again this week, and the average 30-year fixed rate is now at a low 4.19 percent -- which creates an opportunity for prospective home buyers with good credit histories.
A new crisis of confidence gripped Europe's banking industry on Thursday as its borrowing costs soared, lenders sought emergency funding, and some institutions reviewed exposure to French banks in particular.
Shares in Rupert Murdoch's News Corp rose as much as 15 percent in early trading on Thursday, a day after the company's management posted solid quarterly results, gave a healthy full-year outlook and promised a more aggressive buy back.
Warren Buffett has been buying amid this week's sharp declines in the market, and has not yet seen anything that suggests another downturn is emerging, the legendary investor told Fortune magazine.
Stocks rallied on Thursday as solid results from Cisco and mildly encouraging U.S. jobs data gave investors the motivation to scoop up shares beaten down after several days of sharp selling.
AOL said on Thursday it would buy back $250 million of its stock, a move presumably intended to boost confidence in the shares, which fell 32 percent in two days.
Pan American Silver Corp. said Thursday it swung to a profit in the April through June quarter on higher metal prices.
Shares of gold mining companies fell Thursday as the broader stock market rebounded on bargain hunting and encouraging US jobs data.
With the appointment of nine of 12 members, the "super committee" charged with reducing the budget deficit by at least another $1.5 trillion is taking shape. The body could help stabilize the financial markets by announcing a ?quick-start? agreement on additional debt reduction.
The number of Americans claiming new jobless benefits fell to a four-month low last week, a sliver of hope for an economy battered for days by a credit rating downgrade and falling share prices.
Royal Gold Inc., which holds royalty interests in gold producing properties, said Thursday net income for the April through June period jumped 106 percent as new properties began commercial production and a labor dispute ended.
