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Buybacks are a big factor behind stock market boom

It's the narcissist rally.

14 hours ago Comments

Energy Dept. backs Texas LNG export plan

Energy Dept. backs Texas LNG export plan

The Energy Department on Friday conditionally approved a Texas company's proposal to export liquefied natural gas, only the second such projec…

14 hours ago Comments

GM stock rises above $33 for first time in 2 years

GM stock rises above $33 for first time in 2 years

Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time…

15 hours ago Comments

Mexico cuts growth outlet from 3.5 to 3.1 percent

The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter…

18 hours ago Comments

Retirement tests if Beckham built lasting brand

Retirement tests if Beckham built lasting brand

David Beckham's pecs are at least as much a part of his brand as his kick; his brand of shoes ultimately more lucrative than the game he's giv…

18 hours ago Photos

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Unemployment falls in 40 US states, rises in 3

Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improv…

19 hours ago Comments

Bloomberg appoints ex-IBM CEO as privacy adviser

Bloomberg LP, the financial news and information service, on Friday said it has appointed Samuel Palmisano, the former CEO of IBM, as an indep…

19 hours ago Comments

Gauge of US economy's future health up in April

Gauge of US economy's future health up in April

A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market.

21 hours ago Comments

Tableau Software soars in trading debut

Tableau Software shares soared in their trading debut Friday after the company and some of its investors raised about $254.2 million in its in…

21 hours ago Comments

IMF says Cyprus at risk of even deeper recession

The International Monetary Fund said Friday that substantial risks still loom for the Cypriot economy even after a multi-billion dollar intern…

21 hours ago Comments

Futures rebound ahead of Conference Board report

Futures rebound ahead of Conference Board report

U.S. stock futures are rising with markets headed for a positive week overall, as investors shrug off some unsettling reports from retailers t…

May 17, 2013 4:34 am Comments

European car sales up for first time since 2011

European car sales up for first time since 2011

The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker'…

May 17, 2013 4:12 am Comments

Wal-Mart's 1Q profit, sales disappoint

Wal-Mart's 1Q profit, sales disappoint

The first few months of the year were tough for Wal-Mart Stores Inc.

May 16, 2013 4:39 pm Comments

J.C. Penney posts bigger 1Q loss than expected

J.C. Penney posts bigger 1Q loss than expected

The legacy of J.C. Penney's former CEO is being felt at the department-store chain.

May 16, 2013 4:34 pm Comments

CFTC adopts weakened rule on derivatives trading

A rule intended to loosen the largest U.S. banks' control over the trading of complex investments and help safeguard the financial system was …

May 16, 2013 2:23 pm Comments

A late fade on Wall Street; Wal-Mart, Disney slump

A late fade on Wall Street; Wal-Mart, Disney slump

Weak sales from Wal-Mart and discouraging economic reports resulted in a down day on the stock market.

May 16, 2013 1:17 pm Comments

Senate panel considers labor board nominees

Senate Republicans said Thursday they would not support five nominees to the National Labor Relations Board, raising the possibility the troub…

May 16, 2013 12:21 pm Comments

Airlines losses narrowed in 1Q to $552 million

U.S. airlines charged more in fares and fees and reduced debt as they improved their financial performance in the first quarter.

May 16, 2013 10:20 am Comments

Merkel, Hollande at odds over path to growth

Merkel, Hollande at odds over path to growth

Germany and France recognize that their cooperation is key to overcoming Europe's persistent economic crisis, but comments Thursday by the lea…

May 16, 2013 9:18 am Photos

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US rate on 30-year mortgage rises to 3.51 pct.

Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurrin…

May 16, 2013 7:12 am Comments

Only 2 of 13 small SUVs do well in crash tests

Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group. Several popular models fared poorly.

May 16, 2013 6:49 am Comments

US housing starts fell in April but permits surged

US housing starts fell in April but permits surged

U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the …

May 16, 2013 6:33 am Comments

US consumer prices fall 0.4 pct. on cheaper gas

US consumer prices fall 0.4 pct. on cheaper gas

A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fue…

May 16, 2013 6:32 am Comments

US jobless claims jump to highest level in 6 weeks

The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The j…

May 16, 2013 6:21 am Comments

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