Cash rained down on startups in 2014, as venture capitalists poured a whopping $48.3 billion into new U.S. companies — levels not seen since before the dot-com bubble burst in 2001. Strong technology IPOs are luring investors chasing the next big return, but with valuations this high, critics suggest some investors may be setting themselves up for a major fall.
Washington's legal marijuana market opened last summer to a dearth of weed. Some stores periodically closed because they didn't have pot to sell. Prices were through the roof.
The Wet Seal Inc. has filed for Chapter 11 bankruptcy protection in an effort to keep its remaining teen clothing stores open.
The U.S. Postal Service on Thursday proposed slight increases for mailing postcards and international letters — but wants to leave first-class "Forever" stamps at their present 49 cents.
Moody's Investors Service has cut its rating on Russian government bonds one step closer to "junk" status.
A 30 percent swing in a blink of an eye is not uncommon in the stock market. In the world of currencies, it can seem as rare as Halley's Comet.
A surge in oil and gas companies pulled the stock market out of a five-day slump on Friday, as the price of crude swung higher.
Target is giving up on its money-losing foray into Canada after just two years, closing 133 stores and cutting loose more than 17,000 employees.
The final months of 2014 were more difficult for big banks than investors suspected.
Disappointing results from Bank of America and Citigroup tugged the stock market to its fifth straight loss Thursday.
A cash-strapped division of casino giant Caesars Entertainment Corp. filed for bankruptcy protection Thursday in Chicago, hoping the court agrees to its plan to get out from under $18.4 billion in debt.
Rarely has one statement prompted such a dramatic move in currency markets.
The world burns enough oil-derived fuels to drain an Olympic-sized swimming pool four times every minute. Global consumption has never been higher — and is rising.
Filing a federal tax return is about to get more complicated for millions of families because of President Barack Obama’s health law. But they shouldn’t expect much help from the Internal Revenue Service.
A dismal report on retail spending in the U.S. and signs of slowing global growth drove stocks lower and sent yields on government bonds plunging as investors sought safety.