Federal Reserve Chairman Ben S. Bernanke said the U.S. economy remains hampered by high unemployment and government spending cuts, and raising interest rates or reducing asset purchases too soon would endanger the recovery.

By Lucia Mutikani. WASHINGTON | Wed May 22, 2013 1:56pm EDT. WASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by ...

Ford Motor Co. is expanding its production capacity to take advantage of the shift in buyer sentiment toward smaller cars and SUVs and for F-series truck sales spurred by the housing market recovery.

Sony (SNE) shares spike following investor enthusiasm over a potential spinoff of the company's entertainment business. Sony (SNE) has seen a spike in shares following reports that the company is considering spinning off its entertainment arm.

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.

New Jersey's Division of Alcoholic Beverage Control announced Wednesday that it had seized alcohol from 29 bars and restaurants as part of a year-long investigation into allegations that the businesses have been fooling customers by filling bottles from ...

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 International Monetary Fund on Wednesday criticised the government's �Help to Buy� scheme, adding a powerful voice to the growing chorus of concern that the ambitious mortgage plan could do more harm than good.

Cutting-edge companies like Apple Apple are successful because they are guided by an �innovate or die� attitude. However, on Tuesday Sen. Carl Levin (D-Mich.

These days when most airlines are turning people off with their excessive fees and crowded flights, Virgin America is getting some of the highest customer satisfaction scores any airline has seen in years.