The Commerce Department on Tuesday raised its estimate of gross domestic product to a 3.9 per cent annual pace from the 3.5 per cent rate reported last month, reflecting upward revisions to business and consumer spending, as well as restocking.
The euro declined against the dollar for the first time in three days after European Central Bank Vice President Vitor Constancio said policy makers may consider buying government debt next quarter.
STRASBOURG, France - The European Union is planning to put billions of euros of its budget at risk as part of a plan to entice pension funds, insurance companies and other major investors to put the cash on their balance sheets to work financing ...
Tiffany's third quarter results did not match with the Wall Street expectations. The company reported net income of $38.3 million, or 29 cents per share in the third quarter.
It has been reported that Philip A. Falcone, 52, is resigning from the post of chairman and chief executive officer of Harbinger Group Inc., the public holding company in which his hedge fund owns a stake.