The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists.
Quicken Loans owner Dan Gilbert hopes his company's move to Detroit will help create a technology hub downtown.
The dollar softened on Wednesday, extending its loss versus the Japanese yen, after the Beige Book underscored the fragility of the U.S. economic recovery and durable-goods orders showed an unexpected June drop.
Energy provider Dominion Resources said Wednesday that a sale of its assets and higher electric demand helped its net income more than triple in the second quarter.
When interest rates are low, fixed-income investors search for creative, sometimes riskier, ways to grab extra income.
Asian stocks were mostly higher Wednesday as strong corporate earnings in the region and signals of an improving European economy outweighed fading U.S. consumer confidence.
Regional banker Trustmark Corp. says it nearly doubled its second-quarter profit through the combination of more revenue and reductions in problem loans.
A woman walks past an electronic stock indicator in Tokyo, Japan, Wednesday, July 28, 2010.
Bruce Rohde, former chairman and chief executive of ConAgra Foods Inc., has been named a director at H&R Block.
In this photograph take July 27, 2010, trader Salavatore Gentile works on the floor of the New York Stock Exchange.
Recent Comments