Consumer credit surged in December as shoppers boosted their credit-card debt for the first time in more than two years, supporting views economic activity was gathering momentum.
Former Morgan Stanley Smith Barney financial adviser Alan Harter has launched a new firm, Pactolus Private Wealth Management, targeting families and people with at least $25 million to invest.
Gold prices inched up on Monday, underpinned by inflation concerns, but a more optimistic economic outlook and worries about interest rate hikes kept bullion from rising further.
Shanee Greenidge of Boston has been searching for full-time work since she dropped out of high school in 2009 and took a string of part-time jobs to help her mother pay bills.
Texas Instruments announced plans for a chip on Monday that it said will give users more versatility in how they use their cellphones, helping it to compete better with rivals including Qualcomm Inc and Nvidia.
Ensco Plc
plans to buy rival Pride International Inc for about $7.3 billion in a deal that would create the world's second-largest offshore oil and gas driller.Political unrest in Egypt and Tunisia may discourage Western job seekers from moving to the Gulf region as Arab governments focus more on youth unemployment, a recruitment agency report showed.
The United States and Brazil will pressure countries that keep their currencies undervalued, Treasury Secretary Timothy Geithner said on Monday, reinforcing an emerging alliance between the Western Hemisphere's two biggest economies at the expense of China.
U.S. regulators on Monday made their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
The U.S. government will have to reduce its competitive role in the mortgage market to entice private investors to return, even if it means higher borrowing costs in the transition, the chief executive officer of Redwood Trust said on Monday.
Google Inc executive Wael Ghonim, who went missing in Cairo, has been released and is on his way home, a family member told Reuters on Monday.
Chipotle Mexican Grill (CMG.N) has a lot going for it -- an upscale burrito concept, a hip and eco-friendly image, expansion plans galore and a 500 percent-plus stock price gain in just over two years.
The U.S. government strategy to clamp down on illegal immigrant workers has been focused for the last two years on so-called I-9 audits that target employers rather than large-scale raids that net lots of employees .
Ford Motor Co is recalling more than 1,600 just-built Explorers for a safety problem with the second row of seats.
Merger activity drove the Dow and S&P to two-and-a-half-year highs on Monday in the latest in a series of mileposts that point to more gains ahead.
Stocks closed higher on Monday, with merger activity driving the Dow and S&P to fresh two-and-a-half-year highs, the latest in a series of mileposts that point to more gains ahead.
Chesapeake Energy Corp wants to sell holdings in Arkansas' Fayetteville shale natural gas field and its stakes in two companies to raise $5 billion as it tries to trim a heavy debt load.
U.S. stocks rose on Monday, boosted by merger news and rising metals prices as investors bet on a stronger global economy.
U.S. regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
Google and European Union regulators are in tentative talks to resolve an antitrust probe against the Internet's dominant search engine, a source familiar with the case said on Monday.
The Dow and S&P 500 advanced to their highest levels since June 2008 on Monday as a flurry of merger news and solid earnings sparked broad gains.
A Russian man has pleaded guilty in court to stealing $10 million from former Royal Bank of Scotland division World Pay in 2008 by hacking into accounts, RIA News reported on Monday.
Health insurer Humana Inc posted a far lower quarterly net profit on Monday, hurt by a variety of expenses, but raised its 2011 earnings forecast on better-than-expected sales of its Medicare plans for the elderly.
Chesapeake Energy Corp wants to sell holdings in Arkansas' Fayetteville shale natural gas field and its stakes in two companies to raise $5 billion and trim its heavy debt load.
Health insurer Humana Inc posted a far lower quarterly net profit on Monday, hurt by a variety of expenses, but raised its 2011 earnings forecast on better-than-expected sales of its Medicare plans for the elderly.
Google and European Union regulators are in tentative talks to resolve an antitrust probe against the Internet's dominant search engine, a source familiar with the case said on Monday.
A Google Inc executive who had gone missing in Egypt was released on Monday and was on his way to Tahrir Square, the center of two weeks of anti-government demonstrations, Al Arabiya television reported.
Stock index futures rose on Monday on growing hopes Europe will sort out its tangled debt issues and as metals prices advanced on bets of a stronger global economy.
U.S. stocks rose on Monday as a flurry of merger news and solid earnings boosted investors' appetite for equities, pushing the Dow and the S&P 500 to their highest levels since June 2008.
Loews Corp reported its best quarter of the year as strong investment income from its biggest holding, CNA Financial , helped the conglomerate post a better-than-expected 16 percent increase in quarterly profit.
