The federal government closed the books on the taxpayer bailout of General Motors Co., selling the remaining shares in the nation's largest automaker and taking an expected $10.5-billion loss.
Stunned by his untimely death in a car wreck, fans, friends and family remembered actor Paul Walker -- what he meant to them and what he did for them. His father remembered him as a loving son who wanted to take a hiatus from acting. A fellow actor recalled how he had just celebrated Walker's 40th birthday. And a U.S. military veteran will forever be grateful for a touching act of generosity.
Retail stocks have been hot this year. The sector is up around 40%. With the holiday shopping season getting ready to rev up, a period in which retailers ring up roughly 40% of their annual sales, you'd think a continuation of the retail rally seems all but assured. Not quite.
Contagious disease data have been reported by cities and states to the federal government at weekly intervals in the United States since 1888. Now those data are publicly available in a computerized format thanks to a project at the University of Pittsburgh.
European equities rallied in morning trade on Monday, with a historic deal over Iran's nuclear program bolstering risk appetite. The pan-European Euro Stoxx 600 Index was trading at highs not seen since May 2008 on Monday as oil prices fell sharply after Iran and six world powers at the weekend sealed a preliminary deal to curb Iran's nuclear program. Germany's DAX also continued its push higher, reaching another fresh all-time high above 9,200 points.
Microsoft has reportedly rolled out latest version of popular Internet calling and messaging service Skype for windows 8.1, latest version of popular operating system by software giant. Updated Skype will match with the operating system’s multitasking feature.
The market is waiting for the release at 2 p.m. ET of the minutes from the Federal Reserve's most recent policy meeting.
German factory orders increased more than estimated in September in a sign that Europe’s largest economy is benefiting from a recovery in the euro area and rising domestic investment.
The Federal Reserve has taken unprecedented steps to stimulate the economic recovery from the Great Recession, but the tab has risen to such tremendous proportions fast approaching $4 trillion that some worry the central bank ultimately could require its own taxpayer rescue.
In late September, four hours before the Justice Department planned to hold a news conference to announce civil charges against JPMorgan Chase over its sale of troubled mortgage securities, Jamie Dimon, the bank’s chief executive, personally called one of Attorney General Eric H. Holder Jr.’s top lieutenants to reopen settlement talks, Ben Protess and Jessica Silver-Greenberg report in DealBook. The call scuttled the news conference and set in motion weeks of negotiations that have led to a tentative $1