At Comcast, CMCSA 0.63 % the scales of video versus broadband have finally tipped. That shouldn't unbalance profitability. Its quarterly results beat expectations Monday, and the cable giant boosted its buyback program by $2.5 billion.
(Reuters) - Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more.
The U.S. Commerce Department said today that orders for manufactured goods spiked in March, RTTNews reported. Factory orders increased 2.1 percent in March following a revised 0.1 percent decrease in February.
The Supreme Court announced Monday that it will review whether a federal agency may require electric market operators to compensate customers who lower their consumption of electricity during peak demand hours.
Federal Reserve Bank of Chicago President Charles Evans said the Fed should wait for more evidence that wages are rising before raising interest rates, and he repeated his call to hold borrowing costs near zero until 2016.