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Greece says deal close, Schaeuble quashes optimism

Greece's cash-strapped government insisted Wednesday it was "very close" to reaching a vital deal with bailout lenders, but the optimism in Athens was swiftly shot down by German Finance Minister Wolfgang Schaeuble.

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US stocks recover from a slump the day before

Stocks ended higher Wednesday, recovering the most of their losses from the day before, as Greece appeared closer to resolving its latest debt issues.

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IRS says thieves stole tax info from 100,000

Sophisticated criminals used an online service run by the IRS to access personal tax information from more than 100,000 taxpayers, part of an elaborate scheme to steal identities and claim fraudulent tax refunds, the IRS said Tuesday.

Target settlement with MasterCard fails to get bank support

A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer’s massive pre-Christmas 2013 data breach has been scrapped, because it failed to get enough support from the affected banks and credit unions.

Wal-Mart’s push on animal welfare hailed as game changer

Wal-Mart’s push to get its suppliers to give farm animals fewer antibiotics and more room to roam is expected to have a big impact on the food industry, experts say.

US stocks fall slightly on lower oil, mixed earnings news

The stock market capped a quiet week of trading on a down note.

Yellen: 1st rate hike likely by year end if economy improves

Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year — if the job market improves and the Fed is confident inflation will climb closer toward its target rate.

US consumer prices ticking up as Fed weighs first rate hike

Core consumer prices outside of food and energy posted the biggest increase in April in more than a year, suggesting that an improving U.S. economy is finally starting to lift prices. That could prompt the Federal Reserve to start raising interest rates later this year.

Stocks notch record as rising oil boosts energy sector

The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks.

Fed minutes indicate June rate hike unlikely

Federal Reserve policymakers largely agreed when they met last month that it would be too early to start raising interest rates in June, as they debated whether the economy's winter weakness would fade or persist.

4 banks fined more than $5B, to plead guilty to market rigging

Four of the world’s biggest banks agreed Wednesday to pay more than $5 billion in penalties and plead guilty to rigging the currency markets — a rare instance in which federal prosecutors have wrung an admission of criminal wrongdoing from a major financial institution.

Stocks barely move in yet another listless day for markets

The stock market showed little life on Wednesday as it closed yet another trading day barely changed from the day before.

Surge in home construction lift hopes for US economy

The U.S. housing market has given a sudden jolt to what appeared to be a slumping economy.

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Takata air bag recall doubles to nearly 34 million

Under pressure from U.S. safety regulators, Takata Corp. has agreed to declare 33.8 million air bags defective, a move that will double the number of cars and trucks included in what is now the largest auto recall in U.S. history.

US stock market drifts from latest record highs

The stock market slipped back from its latest record high in a listless day of trading Tuesday. Oil companies and drillers tugged major indexes down as the price of crude oil dropped for a fifth day straight.

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