Stocks gave up gains on Wednesday as the S&P 500 hit a technical barrier near a nine-month high and Apple shares erased a 3 percent advance.
U.S. stocks gave up gains on Wednesday as the S&P 500 hit a technical barrier near a nine-month high and Apple shares erased a 3 percent advance.
Federal Reserve policymakers are turning to cars to illustrate just how split they are over what, if anything, to do about the U.S. economy, with some eying the brake pedal and others the gas.
Apple CEO Tim Cook offered a tantalizing sneak peek of Apple's future strategy to investors at the Goldman Sachs Technology and Internet conference in San Francisco on Tuesday.
A debt-laden Chinese technology firm seeking to ban all shipments of Apple's popular iPad tablet into and out of the country has been told that China's customs authorities are unlikely to intervene in the trademark battle.
An important leading indicator on the state of national manufacturing revealed a high level of optimism in that economic category, suggesting the recovery underway in that sector could become a rolling trend.
Mitt Romney went on the offensive Tuesday on one of Michigan's biggest industries, the automotive industry, lambasting the bailouts to General Motors Co. and Chrysler Group LLC from President Barack Obama and proclaiming himself a son of Detroit.
A gauge of manufacturing in New York State picked up in February to its highest level in more than 1-1/2 years, though the pace of new orders slowed, the New York Federal Reserve said in a report on Wednesday.
The Fed revised December's industrial output to show a solid 1.0 percent increase instead of the previously reported 0.4 percent gain, pointing to underlying strength in the economy. Economists polled by Reuters had expected industrial production to increase 0.7 percent last month .
A massive fire swept through an overcrowded prison in Honduras and killed more than 350 inmates, including many trapped inside their cells, officials said on Wednesday.
Many of the victims suffocated or were burned to death in the blaze that began late on Tuesday night at the prison in Comayagua, about 75 kilometers (45 miles) north of the capital Tegucigalpa.
Deere & Co., the world's largest maker of farm tractors and combines, reported a 3.7 percent fiscal first quarter earnings increase that topped analysts' estimates, as U.S. farmers flush with cash update aging fleets.
Condoms have been a part of our lives for a very long time now, whether we deny or accept the fact. Educating people on safe sex is important but knowing how it is actually manufactured is equally and undeniably significant.
Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 rising 0.5 to 0.6 percent.
Business inventories rose 0.4 percent in December, reinforcing the view that fourth-quarter economic growth received a big boost from companies restocking their shelves.
India's headline inflation slowed to its lowest level in more than two years in January as food prices fell, sparking hopes that the RBI will start cutting interest rates sooner rather than later to battle the country's economic slowdown.
Apple has said that auditors from a labor rights group have begun inspections of the Chinese factories, including Foxconn factories in Shenzhen and Chengdu, which manufacture its iPad and iPhone.
U.S. and European regulators approved Google Inc's $12.5 billion purchase of Motorola Mobility and said they would keep a sharp eye on the web search giant to ensure patents critical to the telecom industry would be licensed at fair prices.
U.S. and European regulators approved Google Inc's $12.5 billion purchase of Motorola Mobility on Monday and said they would keep a sharp eye on the web search giant to ensure patents critical to the telecom industry would be licensed at fair prices.
General Electric Chief Executive Jeffrey Immelt on Monday defended the U.S. Export-Import Bank against charges the export-facilitating lender is corporate welfare and should be shut down.
The medication used to treat childhood leukemia is experiencing a nationwide shortage. Hospitals across the country could run out of supplies within the next two weeks, leaving thousands of children at a greater risk of dying from the disease.
Rick Santorum may want to discuss economic policy, but the candidate is spending his time talking about social issues as his campaign gets a new surge of support.
