Fed's debate shifts from lift-off to long march to normal
For the Federal Reserve, deciding when to raise rates for the first time in nearly a decade has become the easy part.
Dec 11, 2014 2:59 PM EST
Stronger economy helps trim U.S. budget deficit
The U.S. federal budget deficit narrowed in November, helped by a strengthening economy that boosted tax receipts during the month, Treasury Department data showed on Wednesday.
You may already be too late for hottest holiday toys
If you still have Disney's Frozen Castle and Ice Palace Playset on your holiday gift list this year, you may already be out of luck.
Shares fall on oil's five-year low; dollar slides
Oil prices slumped to five-year lows on Wednesday and U.S. and European equity markets fell as investors worried about the Greek and Chinese economies withdrew from riskier positions and bought Japanese yen, which rose against the U.S. dollar.
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U.S. third-quarter growth likely to be revised higher on services data
U.S. economic growth was likely stronger in the third quarter than previously reported, according to data on Wednesday that showed spending on services expanding at a brisk clip.
Dec 10, 2014 3:24 PM EST
Shares fall on oil drop, Greek political turmoil
Investors sold equities worldwide on Tuesday after China's market posted its worst day in five years and oil prices fell to levels not seen since 2009.
Dec 09, 2014 3:23 PM EST
Canceling a hotel reservation last-minute could cost you
When it comes to changing hotel reservations, the concept of 'last-minute' is about to get a bit longer.
Dec 09, 2014 3:20 PM EST
Abercrombie CEO Jeffries steps down as company seeks new look
Abercrombie & Fitch Co (ANF.N) Chief Executive Michael Jeffries, who transformed the teen apparel retailer from a drab sports brand into a fashion icon before running afoul of shoppers and investors, has stepped down after over two decades at the helm.
Dec 09, 2014 3:18 PM EST
ECB's Praet says would have cut interest rates at last meeting if possible
The European Central Bank would probably have cut interest rates at its last meeting if they had not already been at the zero limit, European Central Bank chief economist Peter Praet said on Tuesday.
Dec 09, 2014 3:16 PM EST
Dow, S&P 500 edge down on global worries; Nasdaq climbs
The Dow and S&P 500 fell on Tuesday following concerns about global weakness and political turmoil, while the Nasdaq edged higher along with tech shares and energy.
Dec 09, 2014 3:13 PM EST
U.S., European stocks fall; oil hits five-year low
U.S. and European stocks fell on Monday after weak Chinese and Japanese data stoked worries about slowing global economic growth, while oil prices sank to five-year lows on expectations of oversupply into 2015.
Dec 08, 2014 4:22 PM EST
Behind the holiday trend of self-gifting
Jill Bascou looked like a typical holiday gift shopper standing in line on Thanksgiving Day shortly after the Target in Marlton, New Jersey opened at 6 p.m.
Dec 08, 2014 4:20 PM EST
BoE's Weale: signs recovery will boost productivity 'tenuous'
Signs that Britain's economic upturn will soon end years of poor productivity growth are tenuous at best, which could mean interest rates will need to rise, Bank of England policymaker Martin Weale said on Monday.
Dec 08, 2014 4:16 PM EST
Operator of Bitcoin stock exchange penalized by U.S. SEC
U.S. securities regulators on Monday ordered the operator of a stock exchange, which allowed clients to use Bitcoin to trade in certain securities, to pay $68,000 to resolve claims that he did not register the exchanges.
Dec 08, 2014 4:12 PM EST
U.S. factory orders fall for third straight month
New orders for U.S. factory goods fell for a third straight month in October, pointing to a slowdown in manufacturing activity.
Dec 05, 2014 12:01 PM EST
JPMorgan's Dimon says 'no evidence of cancer'
JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon said medical tests showed "no evidence of cancer in my body," according to an internal memo seen by Reuters.
Dec 05, 2014 11:59 AM EST