First-quarter profit at General Motors rose nearly eight times above a year ago as U.S. consumers spent big on pickups and SUVs and the company didn’t have to set aside a huge stack of money to pay for …
Investors will eye more earnings amid the possibility of a breakout in stocks to record levels on Thursday.
A British trader accused by U.S. authorities of an illegal role in the May 2010 Wall Street “flash crash” was granted bail by a London court on Wednesday after saying he opposed being extradited to the United States to face trial.
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The trade that George Soros and Stanley Druckenmiller pulled off in 1992 by betting against the British pound — and making $1 billion in the process — has gained legendary status. So Gross may well be right.
McDonald’s reported quarterly earnings that fell short of analysts’ expectations. “The results show it’s not going to be an overnight turnaround story,” says one analyst.
The National Association of Realtors said on Wednesday existing home sales increased 6.1 percent to an annual rate of 5.19 million units, the highest level since September 2013. “The stronger rebound in existing sales is extremely encouraging as it hints at a nascent rebound in economic activity over the coming weeks,” said Gennadiy Goldberg, an economist at TD Securities in New York. The U.S. housing index (.HGX) fell in line
Although there’s no fundamental cause for concern, history doesn’t bode well for long-term Apple shareholders.
Google Inc. is set to unveil its new U.S. wireless service as early as Wednesday, pushing the Internet giant further into telecom and injecting fresh uncertainty into a wireless industry already locked …
Concerns over a shortage of pork drove shares of Chipotle lower before the opening bell Wednesday. The Mexican food chain has been facing a shortage since January when it suspended a major supplier over …
