NEW YORK -- Wall Street saw a modest lift in stock prices Monday, pushing the broad S&P 500 above its record close and extending the gains from Friday that were sparked by a stronger-than-expected reading on job growth.
The good news is that a lot of people are feeling richer lately. But the news won't stay good unless incomes start to catch up.
A US Airways plane waits to taxi to the runway at Ronald Reagan National Airport, on Nov. 15. The merger of US Airways and American Airlines, which exited bankruptcy today, is probably the last big deal for U.S.
David Zaring is assistant professor of legal studies at the Wharton School of Business at the University of Pennsylvania. The Volcker Rule is the latest version of a phenomenon unique to American financial regulation.
Sysco will buy US Foods for about $3.5 billion from its private-equity owners in a deal that will combine the top two U.S. food distributors and create a company commanding at least a quarter of the $235 billion North American market.