U.S. stocks tumbled on Tuesday after disappointing results at blue-chip companies like Microsoft Corp. and Caterpillar Inc. sparked concerns about the strong dollar's drag on earnings growth.
LOS ANGELES - Yahoo shares rallied 6% after the Internet company said it would spin off the remaining holdings in Alibaba. Stock in the new company will be distributed to Yahoo shareholders.
U.S. home prices rose at a modest pace in November, held back by weaker sales and a limited number of houses for sale. The Standard & Poor's/Case-Shiller 20-city home price index, released Tuesday, increased 4.3 percent in November from 12 months ...
RICHMOND, Va. - Virginia's jobless rate fell to 4.8 percent in December, marking the state's lowest unemployment rate since October 2008, state and federal officials said Tuesday.
NEW YORK (MarketWatch) - With government bond yields negative in Switzerland and parts of Europe, gold looks attractive by comparison, bond trader Jeffrey Gundlach of Doubleline Capital said in a television interview Tuesday.