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US home prices rise in March as spring buying season begins

U.S. home prices kept climbing in March as the spring home buying season began.

US home prices rise in March as spring buying season begins

U.S. home prices kept climbing in March as the spring home buying season began, but so far the higher costs haven't thwarted sales. Read more »

6 hours ago

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Janet Yellen says Fed could raise rates in coming months

Federal Reserve Chair Janet Yellen said Friday that an interest rate hike would be appropriate in the coming months if the economy keeps improving. Read more »

May 27, 2016

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McDonald's CEO says company is making changes customers want

McDonald's, under intense pressure in a competitive industry, sought to reassure its shareholders Thursday that it is making changes to its food and service that customers want. Read more »

May 26, 2016

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G-7 finance leaders seek to reassure on global economy

Finance leaders of major industrial countries meeting in Japan need to find ways to use all the "policy levers" they have to help counter anxiety over global economic prospects, U.S. Treasury... Read more »

May 20, 2016

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Stocks move higher, led by technology and banks

Stocks are climbing in early trading on Friday as traders respond to some encouraging earnings and deal news. The gains were broad. Nine of the 10 sectors of the Standard and Poor's 500 index rose,... Read more »

May 20, 2016

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Pondering the store's future in an age of web buying

What's the future of the physical store? Read more »

May 18, 2016

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Fed's surprise message: June hike likely if economy improves

Catching many investors off guard, the Federal Reserve made clear Wednesday that an interest rate hike in June is likely if the economy keeps improving. Read more »

May 18, 2016

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Global stocks slip amid weak Chinese data but oil rises

Weak Chinese economic data weighed on global stocks Monday at the start of a week that's likely to be dominated by speculation over whether the U.S. Federal Reserve will raise interest rates in June. Read more »

May 16, 2016

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Nordstrom shares tumble on slashed annual outlook, weak 1Q

Nordstrom's shares are tumbling in extended trading after the upscale department store slashed is annual sales and profit outlook. Read more »

May 12, 2016

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Study: Sanders' economic plan piles $18T on federal debt

Sen. Bernie Sanders' tax and spending proposals would provide new levels of health and education benefits for American families, but they'd also blow an $18-trillion hole in federal deficits,... Read more »

May 9, 2016

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Insider Q&A: Keeping an eye on the Fed

The Federal Reserve chose recently not to raise the benchmark interest rate and made it clear it isn't in a big hurry to make the next move higher. After the global economy shuddered earlier this... Read more »

May 8, 2016

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Why April's hiring slowdown may show caution on US economy

American employers signaled their caution about a sluggish economy by slowing their pace of hiring in April after months of robust job growth. Read more »

May 7, 2016

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Wal-Mart brings back greeters at the store door

Those smiley door greeters are back at Wal-Mart. Read more »

May 5, 2016

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Corporate earnings keep falling, but there are signs of life

Are we there yet? It's another weak quarter on Wall Street, but there are some signs corporate America will come out of its recent funk. Read more »

May 3, 2016

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Mystery solved? Australian says he's Bitcoin founder

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 »

May 2, 2016

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Apple reports iPhone sales down, 1st revenue drop since 2003

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 »

May 1, 2016

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Congress heads out with no resolution on Zika, Puerto Rico

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 »

April 30, 2016

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Exxon sees smallest profit in 16 years, Chevron posts loss

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 »

April 29, 2016

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Yahoo's deterioration accelerates ahead of a possible sale

Yahoo may have hung out a "for sale" sign, but it hasn't done much to improve its curb appeal. Read more »

April 19, 2016

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Finance leaders pledge forceful response to boost economy

Finance officials on Saturday pledged a more forceful effort to stimulate a sluggish global economy. Read more »

April 16, 2016

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Regulators: 5 big banks get failing grades for crisis plans

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 »

April 13, 2016

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US retail sales fall in March as Americans buy fewer cars

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 »

April 13, 2016

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IMF issues stark warning on British exit from EU

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 »

April 12, 2016

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US rep blasts IFC conflict of interest in Manila water plan

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 »

April 12, 2016

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Russia's new National Guard will be tasked to suppress riots

The National Guard being formed in Russia will be given broad powers to suppress riots, according to a presidential decree released Wednesday. Read more »

April 6, 2016

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Iceland's leader is first victim of offshore holdings leak

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 »

April 5, 2016

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California, New York poised to raise minimum wage to $15

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 »

April 1, 2016

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Anbang drops bid to buy Starwood, clearing way for Marriott

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 »

March 31, 2016

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Apple releases small new iPhone, iPad for business use

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 »

March 27, 2016

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Cuba rebukes Obama's call for change but will nix dollar tax

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 »

March 17, 2016

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CDC guidelines aim to curb painkiller prescribing

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 »

March 15, 2016

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Higher stock prices, home values lift US household wealth

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 »

March 13, 2016

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Yahoo snubs activist shareholder with 2 new directors

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 »

March 10, 2016

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US adds a strong 242,000 jobs; rate holds at low 4.9 pct.

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 »

March 4, 2016

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Sports Authority files for Chapter 11 bankruptcy protection

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 »

March 2, 2016

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World stocks weighed down by G-20 inaction

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 »

Feb. 29, 2016

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HSBC probed by US over hiring linked to Asian governments

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 »

Feb. 22, 2016

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IMF nominates managing director Lagarde for second term

The International Monetary Fund has nominated managing director Christine Lagarde for a second five-year term. Read more »

Feb. 11, 2016

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Authorities reach $3.2B settlement with Morgan Stanley

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 »

Feb. 11, 2016

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Obama sends Congress record $4.1 trillion 2017 spending plan

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 »

Feb. 9, 2016

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North America, China power GM to record $9.7b annual profit

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 »

Feb. 3, 2016

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Merck beats 4Q profit forecast, misses Street view on sales

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 »

Feb. 3, 2016

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UBS bank shares plunge as rich investors withdraw money

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 »

Feb. 2, 2016

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China company accused of fleecing investors of $7.6 billion

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 »

Feb. 1, 2016

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US stocks edge mostly lower as energy prices plunge again

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 »

Feb. 1, 2016

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Japan introduces negative interest rate to boost economy

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 »

Jan. 29, 2016

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Chase planning rollout of card-free ATMs

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 »

Jan. 26, 2016

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Johnson & Johnson beats 4Q profit views despite lower sales

& 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 »

Jan. 26, 2016

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LG Electronics posts 4Q loss as mobile business struggles

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 »

Jan. 26, 2016

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Hyundai Motor's 2015 profit sinks to 5-year low

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 »

Jan. 26, 2016

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