The U.S. economy posted better-than-expected growth in the second quarter, bouncing back from its worst performance in five years.
Argentina's economy minister, Axel Kicillof, speaks to the media after leaving negotiations Tuesday in New York. WSJ's Matthew Cowley explains Argentina's dispute with creditors and the long-standing battle that stems from the country's default in 2001.
Chief Executive Evan Spiegel founded Snapchat while he was a student at Stanford in 2011. It might now be worth $10 billion. Chief Executive Evan Spiegel founded Snapchat while he was a student at Stanford in 2011.
Whole Foods Market Inc. (WFM), the largest natural-goods grocer in the U.S., lowered its annual sales forecast amid increased competition from new rivals.
NEW YORK (Reuters) - A federal judge on Wednesday ordered Bank of America Corp to pay a $1.27 billion penalty for fraud over shoddy mortgages sold by the former Countrywide Financial Corp.