An international web of hackers and traders made $100 million on Wall Street by stealing a look at corporate press releases before they went out and then trading on that information ahead of the pack, federal authorities charged Tuesday.
Iran’s famed carpet weavers are busy at work following the country’s historic nuclear deal with world powers, anticipating a boost in exports as sanctions are set to be lifted in the months ahead.
Big media companies led the stock market lower Thursday as investors fretted over fading revenue from cable television. Viacom and 21st Century Fox were among the hardest hit.
The maker of Oreo cookies may again be the target for a shakeup as “Big Food” companies scramble to transform amid changing tastes.
About 1.8 million households that got financial help for health insurance under President Barack Obama’s law now have issues with their tax returns that could jeopardize their subsidies next year.
A grand jury has indicted Texas Attorney General Ken Paxton on felony securities fraud charges that accuse the Republican of misleading investors before he took over as the state's top law enforcement officer, a special prosecutor said Saturday.
Unions representing Verizon workers in nine states say their members will work without a contract as more negotiations are scheduled with the wireless carrier.
Stocks closed modestly lower Friday as oil titans Exxon Mobil and Chevron led a slump in energy stocks.
The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.
U.S. stocks rose on Wednesday after Federal Reserve policymakers voted to keep interest rates unchanged and gave no indication that a rate rise was imminent. A modest rebound in Chinese stocks also helped push the market higher.
The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday it wants to see further economic gains and higher inflation before doing so.
Investors have been second-guessing the strength of company results this week and they found more reasons to do so on Thursday.
McDonald’s is looking at variety of changes to win back customers in the U.S.: A new value message to replace the Dollar Menu, breakfast all day, and nips and tucks to improve the taste of its burgers.
Coca-Cola says sales of Diet Coke are still sliding as people continue gravitating toward foods they feel are fresh.
U.S. stocks notched their second decline in as many days Wednesday, pulled down by a technology stock slump headlined by Apple and Microsoft.