Federal Reserve Chairman Ben S. Bernanke defended the central bank's record stimulus program under questioning from lawmakers, telling them that ending it prematurely would endanger a recovery hampered by high unemployment and government ...

Wed May 22, 2013 5:50pm EDT. * Wires $452 million to pay off U.S. DOE loan. * Repays loan using part of almost $1 bln raised in offerings last week.

WASHINGTON�Sales of previously owned homes reached the highest level in more than three years, with the share of foreclosure purchases shrinking, as the housing market continued its rebound last month.

Hewlett-Packard Co.'s (HPQ) reported another sharp drop in profits but still surpassed market expectations, thanks to cost cuts and better-than-expected results in its printing and services businesses.

TOKYO�Struggling Japanese conglomerate Sony Corp. said its board of directors has started preliminary discussions on what to do about a proposal from activist hedge-fund investor Daniel Loeb to take part of the company's entertainment business public.

U.S. auto makers are accelerating production lines and, in some cases, even canceling the North American industry's traditional summer factory shutdowns to meet strong demand.

Wed May 22, 2013 11:22am EDT. May 22 (Reuters) - The following is a list of scheduled U.S. agency bill sales from Fannie Mae and Freddie Mac for 2013.

It pays to be in TV. On the list of 10-best paid CEOs of 2012 - the exclusive club inside an already-exclusive club - half are in the entertainment and media industry, according to executive pay research firm Equilar.

The Florida city of South Miami misled investors by failing to disclose that it had used tax-exempt bond proceeds to help a developer finance a downtown parking and retail project, according to U.S.

A blogger is making a statement with bold photos that are going viral. She's challenging Abercrombie & Fitch with her own campaign: Attractive and Fat.