Bill Gross, the founder of Pacific Investment Management Co. who left the firm amid internal acrimony last year, is suing the company for breach of contract.
Amazon's quest to dominate the online shopping experience expanded into Etsy's territory today with the launch of Handmade at Amazon, an online bazaar where artisans can sell their homemade goods.
WASHINGTON The number of Americans filing new applications for jobless benefits fell more than expected to near a 42-year low last week, pointing to ongoing tightening in the labor market despite the recent slowdown in hiring.
The dollar fell to a nearly three-week low Thursday, as investors cut positions in the currency ahead of the release of minutes from the Federal Reserve's latest meeting.
Interest-rate policy in some advanced economies increasingly resembles a stopped clock. Markets could be in for a surprise if it starts ticking again.