Stocks fell Friday as the Nasdaq failed to hit the 5000 mark again, but markets still managed to post strong gains for the month. The Dow Jones industrial average fell 81.72 points, or 0.5%, to close at 18,132.70, and the Standard & Poor's 500 index fell 6.24 ...
Federal Reserve Vice Chairman Stanley Fischer said the central bank's massive asset purchases were a "critical means" for stimulating the economy with interest rates near zero, though they still may pose a risk.
Washington - The U.S. economy slowed much more sharply in the final 3 months of the year than initial estimates, reflecting weaker business stockpiling and a larger trade deficit.
Robert “Bob” Benmosche, who pulled the world's largest insurance company back from the brink in the wake of the financial crisis, has died, aged 70.
LONDON: Crude oil futures rebounded on Friday and Brent headed for its first monthly gain since June, helped by strong investor inflows, an improving demand outlook and supply outages.