Federal Reserve Chair Janet Yellen said the U.S. Department of Justice has joined an investigation into a leak of confidential monetary-policy information in 2012.
Turmoil sparked by the sudden exit of Bill Gross last September has cost the Pimco Total Return Fund its title as the world's largest bond mutual fund, after another month of withdrawals in April.
(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.
John Chambers, one of the longest-tenured chief executives in Silicon Valley, announced Monday that he is stepping down as CEO of Cisco Systems.
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.