Political markets are weird: They cry out for something and yet politicians, with their enslavement to conventional wisdom and careerist caution, are unwilling to supply it.
U .S. stock indexes struggled to a mixed close Tuesday as energy companies fell with the price of oil, overcoming gains in utilities and phone companies.
WASHINGTON U.S. consumer spending recorded its biggest increase in more than six years in April as households stepped up purchases of automobiles, suggesting an acceleration in economic growth that could persuade the Federal Reserve to raise ...
U.S. stocks slipped, with the S&P 500 paring a third straight monthly gain, as stronger spending data buttressed the case for higher interest rates as early as this summer.
And collect a $9 million severance. Michael Pearson may have gotten sacked from Valeant Pharmaceuticals VRX 0.35% earlier this year, but he will still collect a paycheck.