The market fell the most in over a month as investors assessed weak earnings from several US companies. Health care stocks were hardest hit.
President Barack Obama is near nominating Former Bank of Israel chief Stanley Fischer to become the vice chairman of the Federal Reserve, according to a person familiar with the matter.
Hilton Worldwide Holdings Inc., the world's biggest hotel operator, raised $2.35 billion in a record initial public offering for a lodging company.
Foreclosure filings in the U.S. plunged last month to the lowest level in almost eight years as investor purchases and an improving economy brought the end of the housing crisis within sight.
Outgoing General Motors CEO Dan Akerson explains why Mary Barra is the best choice to take over the reigns at GM. Interviewed Dec. 10, 2013.