After posting yet another disappointing quarter, McDonald's CEO Don Thompson said Tuesday the company hasn't been keeping up with the times and that changes are in store for its U.S. restaurants.
A virus that killed millions of baby pigs in the last year and led to higher pork prices has waned thanks to warmer weather and farmers’ efforts to sterilize their operations.
Europe’s economy sputters, oil prices plunge and stocks start swinging wildly. Wall Street’s long dormant “fear index” now predicts more turbulence ahead.
The U.S. economy was strengthening in most regions of the country in September to early October, helped by gains in consumer spending, manufacturing and commercial construction, according to the Federal Reserve’s latest survey of business conditions.
Wal-Mart Stores Inc. cut its revenue outlook for its current fiscal year as it announced it is scaling back its expansion plans for its supercenters next year and stepping up investments in its online operations.
The downturn in the U.S. stock market has brought it closer to what professional investors refer to as a “correction.”
Men are eight times more likely than women to negotiate salary when taking a job, according to a study by Linda Babcock and Sara Laschever for their 2007 book Women Don’t Ask: The High Cost of Avoiding Negotiation and Positive Strategies for Change.
U.S. stocks are closing out a turbulent week with another loss, giving the market its worst week since May 2012.
The Dow Jones industrial average plunged 334 points as falling energy stocks and worries about the global economy sent investors fleeing out of the market. The blue-chip index rose 275 points the day before.
Former Federal Reserve Chairman Ben Bernanke testified in federal court Thursday that insurance giant American International Group Inc. had to be rescued by the government in 2008 to avert global catastrophe.
Former top regulator Timothy Geithner defended terms of the U.S. government's bailout of American International Group Inc., saying Wednesday that the insurance giant's exceptionally risky behavior had caused losses that called for strict treatment.
Shares of J.C. Penney Co. fell more than 10 percent after the department store operator warned that its sales last month were weaker than expected and cut its outlook for a key sales measure for the current quarter.
Federal Reserve officials, worried about weak growth overseas, agreed last month that they would begin raising interest rates only when measures of the economy’s health and inflation signaled the time was right.
Wall Street had its best day of the year.
Wal-Mart Stores Inc. plans to eliminate health insurance coverage for some of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation’s largest private employer.