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Updated: 12 min 35 sec ago
Nordstrom Inc. on Thursday forecast a full-year and first quarter outlook that missed Wall Street expectations as the luxury retailer said its planned entry into Canada will continue to hurt profit.
Daily deals website Groupon reported a 20 percent rise in quarterly revenue, helped by strong demand in its business that sells discounted products.
After taking a hit on a stunning $19 billion acquisition deal for WhatsApp, Facebook Inc. shares rallied Thursday to reach a new high.
Canada's women's ice hockey team defeated the United States, 3-2, in overtime, to win the gold medal at the Winter Olympics in Sochi, Russia, Thursday.
A drive by Italian banks to come clean on bad loans during a European bank health check may force them to raise as much as 20 billion euros in capital, three times more than that penciled in so far, to shore up their balance sheets.
Oil futures closed under $103 a barrel on Thursday, pressured by data showing a slowdown in Chinese manufacturing even as U.S. weekly crude supplies rose less than expected.
Blue-chip beverage giant Coca-Cola announced a 9% bump to its quarterly dividend and the retirement of its CFO.
Gold futures closed lower on Thursday for a second straight session, pressured by weak Chinese manufacturing data as well as a strength in the U.S. dollar.
A string of deaths this year has reignited concerns over the high-stress business of banking, and some of the financial industry’s largest institutions are beginning to take steps to address the issue.
President Barack Obama's next budget will drop a past offer to accept lower cost-of-living increases in Social Security through the so-called chained consumer price index.
Bargain hunters seeking hard assets pushed jewelry and physical gold investment demand to new all-time highs.
The Treasury Department sold $9 billion in 30-year Treasury inflation-protected securities Thursday at a yield of 1.495%.
The European Union has agreed to impose sanctions on Ukrainian officials responsible for killings in the capital city of Kiev, reports said.
Allstate said the crazy winter weather in the Northeast last month met the definition of a “winter freeze catastrophe.”
Federal Reserve Chairwoman Janet Yellen will discuss the outlook for the economy and monetary policy at a Senate Banking Committee hearing on Feb. 27, the panel announced Thursday.
The White House urged Ukrainian President Viktor Yanukovych to pull back his security forces from downtown Kiev as a way to stop the violence.
Tesla raced to new all-time highs after the electric-car maker posted better-than-expected earnings and forecasted stronger deliveries in 2014.
Federal Reserve Chair Janet Yellen will testify before U.S. lawmakers on Feb. 27 after a Senate panel previously canceled the original hearing date due to a recent snowstorm in Washington, D.C.
Oil futures continued lower on Thursday following weekly data that showed a rise in crude supplies that was less than the market expected.
Natural-gas futures on Thursday fell further after the U.S. Energy Information Administration reported