Marissa Mayer, the new chief executive of Yahoo, has made her first big bet to jump-start growth at the stalled web portal company with the purchase of New York start-up Tumblr, according to two people familiar with the transaction.

On the anniversary of its IPO, mobile is taking off on Facebook. So why did revenue decline last quarter? WSJ's Jason Bellini has "The Short Answer.

China's new-home prices rose last month in 68 out of 70 cities tracked by the government, indicating Premier Li Keqiang will need to maintain efforts to cool the property market even as economic growth slows.

Give American Airlines credit for trying a new method to board passengers more quickly. Airlines constantly tinker with the boarding process, and this time American says it has found a way to cut an average of two minutes from the 40 minutes to 45 minutes ...

The dollar traded near the strongest in more than six weeks against the euro amid bets the Federal Reserve will slow asset purchases on signs the world's biggest economy is accelerating.

Yesterday, J.C. Penney announced a serious first quarter loss of $348 million, or $1.58 per share and a revenue slump of 16.4% to $2.635 billion as same store sales dropped 16.6%.

Let your decision on when to retire be a monetary one that will give you the best bang from your Social Security benefits. "Most people still take their Social Security benefits as soon as they possibly can, and many of them are leaving money on the table," says ...

Hats off to Mervyn King. By voicing his doubts about the government's �130bn gamble on the housing market, the outgoing Bank of England governor has restarted a vital debate.

Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes.

Fri May 17, 2013 7:02pm EDT. * Freeport first project approved since 2011. * Manufacturers concerned about unlimited gas exports. * Still unclear when DOE will act on other projects.