Yahoo's board has agreed to buy Tumblr, the popular blogging service, for about $1.1 billion in cash, a person with knowledge of the agreement said on Sunday.

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.

Americans' confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.

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 ...

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%.

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.

Sir Mervyn King, Bank of England governor, on Sunday damped Treasury enthusiasm over �increasing momentum� in the economy, warning George Osborne that his policy to stimulate the housing market could cause future problems.

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.

With student loan debt surpassing $1 trillion and New York graduates facing sky high student debt at an average of more than $27,000 per graduate, U.S.

WASHINGTON | Fri May 17, 2013 6:22pm EDT. WASHINGTON (Reuters) - Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released on Friday.