| Jan 14, 2014
| 6:44 PM
NEW YORK — Massive legal payouts didn't just cost JPMorgan Chase & Co. billions last year. They also cost the Wall Street giant its title as America's most profitable bank.
After weathering a barrage of legal and regulatory assaults in 2013, the...
| Jan 5, 2014
| 5:00 AM
With interest rates set to rise, many on Wall Street are wondering if the municipal bond market is in for another pummeling as 2014 gets underway.
Investors couldn't get out fast enough last year. Bonds from states, cities and counties suffered their...
| Jan 8, 2014
| 6:20 PM
Santa slacked off during the holidays, delivering a solidly so-so season for retailers.
Shoppers were less impressed and more careful during the season compared with the previous one, doing their research before picking through shelves of uninspiring...
| Oct 25, 2013
| 8:23 AM
WASHINGTON -- A leading barometer of consumer confidence tumbled this month to its lowest level this year as the partial federal government shutdown led to fears the economic recovery would slow down.
The consumer sentiment index from the University...
| Oct 25, 2013
| 6:16 PM
The stock market has maintained its smooth upward pace since the government shutdown ended in mid-October.
Perhaps too smooth.
The record-breaking run that continued Friday is unnerving some on Wall Street who worry that stock prices are getting ahead...
| Nov 6, 2013
| 2:09 PM
The CBS television network remains an industry workhorse, pulling the broadcasting company to another record quarter with profits up 26% compared with a year-ago period.
For the quarter ended Sept. 30, CBS Corp. earned $494 million, or 76 cents a share,...
| Nov 7, 2013
| 8:43 AM
Halloween seems to have scared off the bad vibes at the mall – for now – according to data showing better-than-projected retail sales in October.
One gauge, from Retail Metrics, showed same-store sales last month rising 3.7% over the same...
| Nov 8, 2013
| 7:48 AM
WASHINGTON -- Consumer confidence fell this month to its lowest level in nearly two years, surprising analysts who expected a rebound from the recent shutdown-induced downturn in American's view of the economy.
The preliminary consumer sentiment index...
| Nov 8, 2013
| 4:20 PM
WASHINGTON — All of a sudden, the American economy is looking very resilient — much more so than experts had thought.
Despite forecasts that job growth would be sapped by the budget impasse and government shutdown, employers in the U.S....
| Dec 5, 2013
| 10:34 AM
Retailers pulled no punches in November, slashing prices, opening during the Thanksgiving holiday, blitzing online shoppers with deals well before Black Friday and offering perks such as price-matching and free shipping.
But all their efforts couldn&...
| Dec 9, 2013
| 10:35 AM
Abercrombie & Fitch is keeping controversial Chief Executive Mike Jeffries on board for at least another year after his current contract expires in February, ignoring recent calls for the struggling teen apparel company to cut him loose.