The Federal Reserve released the minutes of the latest FOMC meeting which revealed the hawks made their voices heard, calling for a taper to the Fed's asset purchase program in June.
Fed Chairman Ben Bernanke danced around the issues on Wednesday. Speaking before Congress, Bernanke noted improved data could lead to an end in its asset purchases soon, but premature tapering could tank the stock market and hurt the economy.
A report by FactSet unveiled the most important trends moang the 50 largest hedge funds in the first quarter, which bought Boeing and sold Apple, took profits on News Corp and AIG, as Google became the most widely held stock.
Boeing is progressively getting better at making its marquee 787 Dreamliners, but they are still way above breakeven estimates, which call for cash costs to fall to about $110 million, compared with the current $200 million figure.
The art market is red hot, with Christie's raking in nearly half a billion dollars at its marquee post-War and contemporary evening sale.
Caterpillar announced sales across the globe had fallen in the past three months, adding that the Asia/Pacific unit experienced the most weakness, while Latin America was the only geography to deliver growth.
Chevron and Argentina's YPF have reached a "final" agreement to develop a portion of the promising Vaca Muerta field, which could be the second largest unconventional oil and gas formation in the world. The move is fraught with danger for the Americ...
J.C. Penney's first quarter loss was deeper than expected as the company tries to get over the Ron Johnson hangover and looks forward to Mike Ullman's leadership.
For the second consecutive month, CPI came in negative, marking the economy could be entering a phase of deflation, with annual rates falling to their lowest levels since November 2010. With markets firing on all cylinders, the Fed faces a tough cho...
Former Fed Chairman Paul Volcker warned financial markets could overheat if excess liquidity in the system is maintained for too long, while adding financial markets are currently dysfunctional given the government's involvement in the residential mo...
Famed activist investor Barry Rosenstein has unveiled positions in Groupon and Zynga, the troubled internet firms that have seen their stocks plummet since their 2011 IPOs. If Jana Partners turns activist, it will face major challenges, but also big...
Sotheby's posted first quarter earnings on Thursday, delivering a deeper loss than expected and falling revenues as prices in the high end of the market, where auction commissions are lower, rose and operating costs grew.
Beer sales in the U.S. slowed in the four weeks to mid-April, as drinkers moved from high-profile domestic names like Budweiser and Coors to imports like Corona and Heineken, and Sam Adams.
Manchester United was finally surpassed by Spain's Real Madrid as the world's most valuable team this year, but the British juggernaut is still making record profits as it signs sponsorship deals around the world and delivers on the pitch.
April was a good month for Detroit's Big Three, with General Motors and Chrysler seeing demand for pickups and trucks increase as the Bernanke backed housing recovery continues.
Case-Shiller data showed housing prices are growing at impressive speeds, clocking in their fastest rate since May 2006 on the back of tight inventories and unprecedented support from the Federal Reserve.
ConocoPhillips is still dealing with its transition into a pure play exploration and production company, have shed its refining and marketing business, and the comapny is betting big on shale plays and unconventional oil and gas in the U.S. and Latin...
Global art sales fell 7% according to artnet's indexes following auction sales on the back of a 50% decline in the value of Chinese sales, yet the stunning growth of China's art markets over the past 10 years, and favorable trends in the U.S. and U.K...
Carl Icahn is at it again, on Monday revealing a 9.3% passive stake in Nuance, a voice-recognition technology company widely believed to be behind Apple's Siri.
BlackBerry's surprise came on the back of cost cutting and solid Z10 deliveries.