President Cristina Fernandez on Tuesday unveiled legislation that seeks to push bondholders to swap defaulted debt for new notes governed by Argentine law, a move aimed at ski ..
* Labor markets to be major focus of Fed annual retreat WASHINGTON, Aug 20 (Reuters) - Mike Yack has left the workforce twice in the last eight years and calls himself retired ..
Apple Inc.'s stock price jumped above $100 on Tuesday and surpassed its split-adjusted closing record high. Apple shares have been rejuvenated in recent months due to str ..
Fewer U.S. homeowners are falling behind on their mortgage payments, a trend that has reduced the late-payment rate on home loans to the lowest level in six years, according t ..
Yale professor Robert Shiller's recent warning on the valuation of U.S. stocks, bonds and housing sent ripples through global markets, but one analyst told CNBC the profe ..
Bank of China Ltd. more than doubled its money set aside for bad loans as profit growth cooled to the slowest pace in five quarters on weakness in the economy. The nonperformi ..
HONG KONG/BEIJING (Reuters) - Canadian retailer Alimentation Couche-Tard Inc and China's Tencent Holdings Ltd are among suitors short-listed to buy a $16 billion minority ..
PetSmart Inc said on Tuesday it will explore a potential sale of the company, bowing to mounting pressure from several shareholders led by activist investor Jana Partners LLC. ..
Russians are backing Vladimir Putin as he confronts the U.S. Putin's popularity is soaring, along with consumer confidence and a gauge for "social comfort." Ano ..
The construction of office buildings, hotels and apartment buildings picked up in New York, San Francisco and Boston several years ago. Now activity is spreading to Atlanta, C ..