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Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.
Encouraging news about the U.S. economy extended the stock market's rally Friday.
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.
Encouraging news about the U.S. economy is extending the stock market's rally.
It's the narcissist rally.
TUESDAY, May 21
Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news.
The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP figures came in weak.
Transocean Ltd. shareholders have voted out the oil drilling company's chairman and backed one of Carl Icahn's director nominees.
Transocean Ltd. shareholders have voted out the oil drilling company's chairman and backed one of the nominees put forth by billionaire investor Carl Icahn.
The price of oil rose to $96 a barrel on Friday on hopes that a steady recovery in the U.S. economy could boost fuel use.
Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country.
The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP figures came in weak.
Legislation cleared the House on Friday that would place stricter requirements on the federal agency overseeing Wall Street to assess the costs and benefits of its regulations before they are issued.
Shares of Marketo, a provider of cloud-based marketing software, leaped in their trading debut on Friday.
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