A firefighter works on the scene of a train derailment in Lac Megantic, Quebec, July 7, 2013. A driverless freight train carrying tankers of petroleum products derailed at high speed and exploded into a giant fireball in the middle of the small Canadian town of ...
The Securities and Exchange Commission voted 3-2 Wednesday to require some money-market mutual funds to have floating share prices, a measure aimed at preventing dangerous investor runs in financial crises.
U.S. stocks fluctuated, with the Standard & Poor's 500 index near an all-time high, as Apple Inc. boosted technology companies and health-care shares rallied amid earnings.
(Reuters) - PepsiCo Inc's PEP.N higher-than-expected quarterly profit could give the company more ammunition against an activist investor who wants it to separate its snack and beverage businesses.
WASHINGTON (Reuters) - The International Monetary Fund on Wednesday said it expects the U.S. economy to grow even more slowly this year than it predicted a month ago due to weakness in the first quarter.