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.
Steve Rothwell, Associated Press | posted May 17th - 3:40pm
Encouraging news about the U.S. economy extended the stock market's rally Friday.
Tom Krisher, Associated Press | posted May 17th - 2:50pm
Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years.
Associated Press | posted May 17th - 2:48pm
Encouraging news about the U.S. economy is extending the stock market's rally.
Bernard Condon, Associated Press | posted 14 minutes ago
It's the narcissist rally.
The Associated Press | posted May 19th - 7:24am
Facebook made its debut on the stock market a year ago on May 18 in one of the largest IPOs in history and the biggest for any Internet company.
Associated Press | posted May 17th - 3:47pm
Federal regulators are ordering the Bank of Montreal to take steps to correct lapses in oversight that could allow the bank to be used for money laundering.
The Associated Press | posted May 17th - 3:35pm
The Associated Press | posted May 17th - 3:23pm
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
The Associated Press | posted May 17th - 2:56pm
THE FUTURE IS BRIGHT: Positive reports on leading economic indicators and consumer confidence gave the stock market a boost on Friday, helping stocks to their fourth consecutive week of gains.
Marley Seaman, Associated Press | posted May 17th - 2:51pm
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.
Associated Press | posted May 17th - 2:49pm
The Associated Press | posted May 17th - 2:41pm
Encouraging news about the U.S. economy pushed stock prices higher on Wall Street Friday. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily recovering. The Dow Jones industrial average and the Standard & Poor's 500 index ended higher for a fourth straight week.
Marcy Gordon, Associated Press | posted May 17th - 2:30pm
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.
Anne D'innocenzio, Associated Press | posted May 17th - 2:19pm
The nation's largest retail industry organization fired back Friday, outlining reasons why a legally binding global pact to make Bangladesh clothing factories safer would expose merchants to undue legal exposure. The move came as U.S. retailers face increasing pressure from a large coalition of religious groups and investors to work together to develop a plan.
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NYTimes.com Biz News
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