Both the Dow Jones Industrial Average and the S&P 500 index closed at record highs today, buoyed by revised GDP figures which showed that the U.S.
The U.S. economy grew at a healthy 4.1% annual rate in the third quarter, revised figures showed Friday, boosting hopes that the recovery is shifting into higher gear after years of sluggishness.
BlackBerry shares soared after the smartphone maker struck a five-year deal to have Foxconn Group manufacture its devices, helping cut production spending and stave off the inventory gluts that have plagued the company.
The Federal Communications Commission approved Friday Gannett's proposed acquisition of competitor Belo, clearing all regulatory hurdles for the McLean, Va.
AUSTIN, Texas (AP) - The unemployment rate in Texas dipped to 6.1 percent in November, representing its lowest level in nearly five years, state labor officials said Friday.