(Adds U.S. factory activity data, New York dateline). * Chinese factory activity shrank again in April. * Euro zone businesses enjoy best month in nearly three years.
NEW YORK (TheStreet) -- Major U.S. stock markets were slipping Wednesday amid tepid Chinese economic data and a 14.5% drop in new-home sales.
No one likes the tax man, but paying some badly behaved IRS employees a bonus isn't helping. NEW YORK (CNNMoney). The IRS was in damage control mode Tuesday after an audit revealed that it paid bonuses to employees who were in trouble over tax ...
NEW YORK (MarketWatch) - U.S. stocks deepened losses after a pair of disappointing reports on manufacturing and the housing market, putting the S&P 500 and Nasdaq Composite on track to break their six-day winning streaks.
The EU was cheered by positive news today. Portuguese bonds rose, Greece met its budget goals and business activity is growing at its fastest rate in years.