Bond traders are reading Federal Reserve Chair Janet Yellen's message as a sign it's still a good time to plow into riskier debt.
Banks in Italy and Spain were among the leading borrowers in the European Central Bank's first targeted-loan program, taking more than 45 percent of the 82.6 billion euros ($106.5 billion) to trim funding costs.
The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that a sharp slowdown in job growth last month was probably an aberration.
NEW YORK (TheStreet) -- Shares of Sears Holdings Corp. (SHLD) are lower by 3.82% to $28.43 in late morning trading on Thursday, after Credit Suisse issued a negative analyst note, suggesting the department store should liquidate its assets while it can, ...
Household wealth in the U.S. climbed in the second quarter, reflecting stock-market gains that are mostly benefiting upper-income Americans.