Applications for U.S. unemployment benefits rose last week, but they remain close to pre-recession averages. The Labor Department said Thursday that applications for jobless aid increased 23,000 to a seasonally adjusted 302,000.
Things couldn't have come out worse. Everyone lost: Argentina defaulted on its sovereign debt for the second time in 12 years, the holdout bond holders were left empty handed, and Federal Judge Thomas Griesa's strategy to force Argentine to negotiate a ...
Bank of America was ordered to pay a $1.3 billion fine in connection with a mortgage fraud scheme. Jeff Blumenthal: Reporter- Philadelphia Business Journal: Email | Twitter | Google+ | LinkedIn · Bank of America Corp.
Can promises about the future have an effect today? That's the theory behind the Federal Reserve's statement following Wednesday's monetary policy meeting.
Samsung Electronics Co. (005930)'s reign at the top of the global phone industry has been defined by rising earnings and expanding market share.