The S&P 500 closed at a record high Wednesday as stocks were mostly higher on positive earnings reports. With about 30% of the companies in the Standard & Poor's 500 index reporting, 68% have topped estimates.
WASHINGTON�U.S. securities regulators on Wednesday took a long-awaited step to reduce risk in the $2.6 trillion money-market mutual-fund industry, completing rules intended to prevent a repeat of an investor stampede out of the funds during the 2008 ...
FILE - A sign for Wall Street is shown in this March 8, 2010 file photo near the New York Stock Exchange. Global stocks mostly rose Wednesday, July 23, 2014, bolstered by solid U.S.
"It's such a large magnitude transaction," Mr. Malone said, adding that Fox's ability to pay with nonvoting stock and to access cheap debt means "that it would be very difficult to put together a competitive bid.
New Zealand's central bank signaled it will pause its interest-rate increases amid benign inflation, slowing economic growth and a currency it said is at an �unjustified and unsustainable� level.