Wednesday, April 10, 2013
The Federal Reserve's annual “stress tests” of major U.S. banks have become better able to detect risks, Chairman Ben Bernanke said Monday night. He said the tests show that the banking industry has grown much healthier since the financial crisis.
Monday, April 8, 2013
A trove of data obtained by a U.S.-based journalists' group that details thousands of offshore accounts reveals several instances of swindles and other financial crimes, The Washington Post newspaper reported Sunday.
A startup with a business model based on tiny antennas receiving over-the-air television for online viewing by subscribers has put the U.S. broadcast industry on the defensive.
Saturday, April 6, 2013
Stocks opened sharply lower on Wall Street after U.S. employers added the fewest jobs in nine months, falling short of economists' forecasts.
American employers hired at the slowest pace in nine months in March, a sign that Washington's austerity drive could be stealing momentum from the economy.
Sales of traditional desktop and mobile personal computers are expected to drop 7.6 percent this year as consumers shift to tablets and other devices, a market tracker said Thursday.
Friday, April 5, 2013
The number of Americans filing new claims for unemployment benefits hit a four-month high last week, suggesting the labor market recovery lost some steam in March.
British spot gas prices remained firm between Wednesday and Thursday morning because cold weather and low stocks caused a tight system.
Thursday, April 4, 2013
U.S. home prices jumped in February by the largest amount in seven years, evidence that the housing recovery strengthened ahead of the all-important spring-buying season.
Hyundai Motor Corp. and its Kia Motors affiliate are recalling more than 1.8 million cars and SUVs in the United States to address a potentially faulty switch and a loose headliner, according to regulators.