The stock market is a day away from locking in its best July in 20 years. Stocks added to an already impressive run Thursday as another round of earnings reports gave investors new reasons to be optimistic about the economy.
Long-term Treasury prices reversed early losses and moved higher Thursday, buoyed by a solid auction of seven-year notes.
Citigroup Inc., one of the biggest recipients of government bailout money, gave employees $5.33 billion in bonuses for 2008, New York's attorney general said Thursday in a report detailing the payouts by nine big banks.
Another burst of energy for Wall Street. Stocks surged but ended off their highs as investors jumped on strong profit reports.
Interview and discussion with Bill Selby of the GAMCO Investors Inc. He says Mastercard successfully cut advertising budget.
Asian markets rebounded Thursday as China tried to allay concerns it would curb lending that's helped fuel a recovery in the region's second-biggest economy.
Sumitomo Trust & Banking Co. agreed to buy Citigroup Inc. a s Japanese asset management unit for 120 billion yen in its biggest acquisition in almost four years.
The stock market is giving up some momentum from its rally as new worries about the economy pop up.
HONOLULU a " The parent of Central Pacific Bank says it is postponing its previously announced $100 million stock offering.Central Pacific Financial Corp.
A key index of the Indian equities markets pulled back into the green Thursday after starting in the red.
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