Fed proposal restricts gift card fees

The Federal Reserve announced proposed rules Monday to implement the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009.
The […]

Madoff’s goodies: Going, going, gone

You can’t take it with you, not to prison, so the long list of material possessions amassed by Bernie Madoff during his years of […]

Abercrombie & Fitch profit tops view, shares up

U.S. teen apparel retailer Abercrombie & Fitch posted a much better-than-expected quarterly profit helped by cost cuts and said it plans to speed up […]

Gold rises towards $1,120/oz on strong sentiment

Gold hit record highs near $1,120 an ounce Wednesday, stirred by renewed buying interest by central banks, and bullion should benefit from expectations that […]

Lazard may get more than one leader: report

Investment bank Lazard’s board may pick more than one person to lead the company following the death of Chief Executive Bruce Wasserstein, the New […]

Sprint Nextel to invest more in Clearwire: report

Sprint Nextel Corp. is preparing to pump at least $1 billion more into Clearwire Corp., the Wall Street Journal reported on Sunday, citing two […]

Treasurys mixed after Fed statement

Government debt was mixed on Wednesday after the Fed said it would keep interest rates near zero and scale back the amount of debt […]

Pulte raises Centex savings view, shares surge

Pulte Homes Inc said its recent acquisition of a rival homebuilder will boost its financial health more than previously estimated, sending its shares up […]

Yen cuts earlier gains as it slides vs Aussie

The yen reversed steep early gains and slid on Monday in choppy trade as market players bought the Australian dollar against the Japanese currency […]

Yen cuts earlier gains as it slides vs Aussie

The yen reversed steep early gains and slid on Monday in choppy trade as market players bought the Australian dollar against the Japanese currency […]