WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/2 years last week, suggesting the labor market recovery was gaining traction.
NEW YORK (TheStreet) �� Facebook (FB) shares shot up 7.3% to $76.45 after the company reported strong second-quarter earnings.
NEW YORK (Reuters) - Major global stock markets edged higher while the euro rose from an eight-month low against the U.S. dollar on Thursday following upbeat euro zone data and stronger-than-expected U.S.
Caterpillar Inc. (CAT), the largest maker of mining machinery, forecast full-year sales and earnings that fell short of analysts' estimates as it said there's no sign of an upturn in the industry in 2014.
Wal-Mart said Thursday that Greg Foran will replace Bill Simon as its U.S. CEO. Simon has been in the role since June 2010. He was a top candidate to become CEO of the whole company, but that job went to Doug McMillion in Feb. Simon will leave the ...