Federal Reserve Chair Janet Yellen said Tuesday that the largest U.S. banks might need to hold additional capital to withstand periods of financial stress.
Oregon employers are reporting 10,000 more job vacancies than they had a year ago and more trouble finding the right candidates, leading to higher wages, according to a report released Monday by the Oregon Employment Department.
U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products.
U.S. businesses boosted their stockpiles in February as sales rebounded by the largest amount in nine months.
Citigroup's its first-quarter earnings rose as the bank got a boost from declines in expenses and provisions for bad loans. The earnings improved even as revenue from mortgage refinancing and bond trading fell.
Riding on its startup success and flush with fresh capital, taxi-hailing smartphone app Uber is making a big push into Asia. There's a twist, though: Instead of being the game-changing phenomena it was in the U.S., Uber faces a slew of competitors using similar technology.
Most fees -more than 80 percent of them - are covered by a plan's "expense ratio." The expense ratio includes recurring fees you're charged when you invest in a fund. The ratio is disclosed in a document - form 404(a)(5) - sent annually to participants in 401(k) plans.
The world's top finance officials say the global economy is recovering, and they're hopeful that well-run economic programs will avoid the risks that threaten that rebound.
The CEO of Exxon Mobil Corp. received compensation worth $28.1 million last year, a 3 percent increase over the previous year, according to an Associated Press analysis of a company regulatory filing.
The prices companies receive for their goods and services jumped in March led by gains for food, clothing, jewelry and chemicals.
Shares of General Motors Co. fell to a 10-month low Friday as the company's widening recall crisis put a coveted upgrade of its credit rating in doubt.
JPMorgan Chase, the biggest U.S. bank by assets, said Friday its first-quarter earnings fell 20 percent, driven by a decline in investment banking and mortgage lending.
First-quarter profit for Wells Fargo & Co., the biggest U.S. mortgage lender, surged 14 percent in the latest quarter as the bank continued to trim its losses on soured loans.
CEO Jeff Bezos' annual letter to shareholders offers a glimpse into Amazon's internal workings and what it is aiming for in the future, including more grocery services and the much-discussed drone delivery.
With spring emerging from a seemingly never-ending winter, I wanted to clean my New York City apartment. But without cleaning products.