A man long rumored to be associated with the digital currency Bitcoin identified himself as its creator.
An Australian man long rumored to be associated with the digital currency Bitcoin has publicly identified himself as its creator, apparently ending one of the biggest mysteries in the tech world. Read more »
Apple says quarterly revenue fell for the first time in more than a decade, as iPhone sales fell compared with a year ago. That's putting more pressure on the world's most valuable public company... Read more »
Congress accomplished relatively little in a short work period, missing deadlines on the budget and on helping Puerto Rico with its financial crisis as lawmakers began a weeklong break. Read more »
Motorists are saving billions on cheaper gasoline, but the long slump in oil prices is taking a heavy toll on companies that find and produce crude. Read more »
Yahoo may have hung out a "for sale" sign, but it hasn't done much to improve its curb appeal. Read more »
Finance officials on Saturday pledged a more forceful effort to stimulate a sluggish global economy. Read more »
Federal regulators say five of the biggest banks in the U.S. haven't worked out strong plans for how they might reshape themselves in case of failure, which could leave them unable to survive... Read more »
U.S. retail sales fell last month as Americans cut back on their car purchases, the latest sign that consumers are reluctant to spend freely. Read more »
The International Monetary Fund warned Tuesday that a British exit from the European Union could inflict severe damage to the world economy by disrupting international trade. Read more »
In a bustling, densely populated corner of Manila, fruit vendor Coring Gutierrez reads $35 due from her latest water bill, more than triple what her family of six paid 15 years ago. Read more »
The National Guard being formed in Russia will be given broad powers to suppress riots, according to a presidential decree released Wednesday. Read more »
The leak of millions of records on offshore accounts claimed its first high-profile victim Tuesday as Iceland's prime minister resigned amid outrage over revelations he had used such a shell... Read more »
California and New York are poised to become the highest-paid minimum-wage states in the nation after their governors each reached deals with lawmakers to raise the lowest amount a worker can be... Read more »
says it's dropping its $15 billion offer to acquire Starwood Hotels, citing various market considerations and ending a bidding war for the parent of St. Regis and Sheraton resorts. Read more »
Apple unveiled a small new iPhone, a new iPad tablet for business use and price cuts for its Apple Watch at a product event Monday. The announcements, which were largely expected, aim to keep up... Read more »
Cuba's government offered a rebuke Thursday of President Barack Obama's plans to use his upcoming visit to promote change on the island, even as it took a long-sought step to lift a penalty on... Read more »
Prescription painkillers should not be a first-choice for treating common ailments like back pain and arthritis, according to new federal guidelines designed to reshape how doctors prescribe drugs... Read more »
Americans' household wealth jumped in the final three months of last year, pushed higher by rising stock prices and greater home values. That leaves many households, particularly wealthy ones, with... Read more »
Yahoo set up a battle for control of its board by appointing two directors likely to further agitate an activist shareholder threatening to lead an investor mutiny aimed at ousting CEO Marissa... Read more »
U.S. employers added a robust 242,000 workers in February as retailers, restaurants and health care providers drove another solid month for the resilient American job market. The unemployment rate... Read more »
veting their favorite team's jersey with the personal touch of their name on the back are flocking online, likely not so much to the sports store at their local mall. Consumer habits are evolving. Read more »
Global stock markets were weighed down Monday by the failure of the world's leading economic policymakers to announce any new measures to boost the global economy. Some relief emerged with the news... Read more »
London-based bank HSBC said Monday it is among a number of firms being investigated by U.S. authorities over the hiring of people connected to Asian governments, raising the risk of more expensive... Read more »
The International Monetary Fund has nominated managing director Christine Lagarde for a second five-year term. Read more »
Federal and state authorities on Thursday announced a $3.2 billion settlement with Morgan Stanley over bank practices that contributed to the 2008 financial crisis, including misrepresentations... Read more »
President Barack Obama sent Congress his final budget on Tuesday, proposing to spend a record $4.1 trillion on a number of initiatives, from a new war on cancer to combating global warming to... Read more »
Strong earnings in North America and China and a reversal of fortunes in Europe powered General Motors to a record net profit of $9.7 billion last year. Read more »
Merck & Co. posted an 87 percent drop in fourth-quarter profit compared with last year when the drugmaker had a huge gain from the sale of consumer health business. It beat Wall Street profit... Read more »
Swiss bank UBS saw its shares slide on Tuesday on news that investors had pulled billions out of its division serving wealthy clients — a token of the market turbulence that has shaken the... Read more »
Police arrested the maverick founder of China's largest online finance business on suspicion of fleecing 900,000 investors of $7.6 billion, in what could be the biggest financial fraud in Chinese... Read more »
The stock market was able to recover from steep losses to close slightly lower on Monday as investors looked past another drop in the price of oil and renewed concerns about U.S. and Chinese... Read more »
The Bank of Japan on Friday said it will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up a... Read more »
JPMorgan Chase will install new ATMs later this year that will allow customers to withdraw cash or initiate other transactions using their cellphone. Read more »
& Johnson, despite a tough year of falling revenue, posted a 27.6 percent increase in fourth-quarter profit, as a big one-time gain offset restructuring and other charges taken by the... Read more »
LG Electronics, the world's second-largest TV maker, on Tuesday reported an unexpected loss for the final quarter of 2015 as its smartphone business struggled and costs for raw materials rose. Read more »
Hyundai Motor Co. reported its lowest annual profit in five years after a failure to fully anticipate strong demand for sports utility vehicles in China led to a sales drop in the world's largest... Read more »
Ford Motor Co. is pulling out of Japan and Indonesia, saying that market conditions in each country have made it difficult to grow sales or make sustained profits. Read more »
Union Pacific Corp.'s fourth-quarter profit fell 22 percent as the railroad hauled 9 percent less freight and worked to cut costs to match the reduced demand. Read more »
Britain and Germany gave their key backing Thursday for Christine Lagarde to stay at the helm of the International Monetary Fund for a second term. The savvy Frenchwoman, however, held back from... Read more »
Low oil prices are complicating life for the European Central Bank in its struggle to push up the worrisome low inflation in the 19 nations that use the euro currency. Read more »
A prevailing sense of anxiety was in the air in the Swiss ski resort of Davos as the World Economic Forum kicked off Wednesday with delegates fretting about the turbulence in financial markets,... Read more »
Facing a cocktail of risks from the economic slowdown in China to the rise of the Islamic State group, chief executives around the world are more pessimistic about the global economy than at any... Read more »
Cheaper jet fuel thanks to falling oil prices helped Delta Air Lines earn $980 million in the fourth quarter despite lower revenue than a year ago. Read more »
Puerto Rico's $72 billion public debt crisis has forced congressional leaders to pay attention to a U.S. territory that's usually on the sidelines of American politics. Read more »
China's slowdown is ratcheting up financial stress on companies while the country's leaders scramble to avoid a spike in job losses. Full-year 2015 growth of 6.9 percent was the lowest in 25 years,... Read more »
Bank of America profits rose nearly 10 percent in the fourth quarter as the bank cut costs and generated better results from lending and other activities in its consumer banking division. Read more »
Cuts, cuts and more cuts. Read more »
Best Buy's shares sank Thursday after the nation's largest consumer electronics chain reduced its sales outlook for the fourth-quarter as it reported weak holiday business in mobile phones and... Read more »
Stocks are mixed in the early going as the market stabilizes following its worst drop since September. Read more »
World shares rose Wednesday after China reported improved exports in December, salving nerves about the world's No. 2 economy, though a rally in Shanghai's stock market was short-lived. Read more »
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