WASHINGTON-—Inflation remained modest in March, a sign that pricing pressures are in check amid slow growth in the U.S. and overseas, and low oil prices.
Atlantic City has raised the risk of a historic default as the distressed gambling hub seeks assistance from New Jersey. So far, Governor Chris Christie is treating it like a bluff.
Valeant Pharmaceuticals International Inc. resolved its default on some of its $30 billion in debt by filing its long-overdue U.S.
The oil and gas industry was hard-done with lower commodity prices in the first quarter of fiscal year 2016 (1QFY16). Analysts that were anticipating a recovery were left highly disappointed.
U.S. stocks fell Friday as healthcare and technology companies continued to report weak first-quarter results, but thanks to some late buying, they managed to avoid major losses.