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Updated: 28 min 54 sec ago
The U.S. leading economic index rose 0.7% in May for the second month in a row, the Conference Board said Thursday.
The average rate for a 30-year fixed-rate mortgage declined to 4.00% in the week that ended June 18, pulling back from an eight-month high of 4.04% hit in the prior week, according to a Thursday report from federally controlled mortgage buyer Freddie Mac.
The Philadelphia Fed's gauge of manufacturing activity in the mid-Atlantic region rose at a much faster-than-expected pace in June, coming in at its highest level since December 2014 and nearly double forecasts.
The industry group suing to block Vermont's first-in-the-nation law requiring the labeling of foods made with genetically modified organisms says the law could cost the nation's grocers fines of up to $10 million a day.
Kroger Co. on Thursday posted better-than-expected earnings in its first quarter as the grocer also lifted a key sales target for the year.
News Corp. will pay a semi-annual cash dividend to shareholders in the first quarter and extended the media company's shareholder rights plan, also known as a poison pill.
U.S. stocks opened higher on Thursday as investors digested a number of upbeat economic reports and a day after the Federal Reserve struck a dovish tone and emphasized that rate hikes will come at a slower pace than expected.
The number of Americans filing for first-time unemployment benefits fell more than expected last week, suggesting continued tightening in the U.S. labor market and the 15-straight week claims were below 300,000.
Consumer prices in the United States in May booked the largest increase in more than two years as gas prices surged.
The U.S. current account deficit widened to a preliminary $113.3 billion in the first quarter, or 2.6% of gross domestic product, from a revised $103.1 billion, or 2.3%, in the fourth quarter, government data show.
The number of people who applied for U.S. unemployment benefits fell by 12,000 to 267,000 in the seven days from June 7 to June 13, keeping initial claims near a 15-year low.
The U.S. consumer price index rose a seasonally adjusted 0.4% in May to mark the biggest gain in more than two years, reflecting a spike in retail gasoline prices ahead of the summer driving season.
Kroger Co.'s stock climbed 2% in premarket trade Thursday, after the supermarket chain reported profit and same-store sales that beat expectations, and raised its sales outlook for the year.
Kroger Co. (KR) on Thursday reported fiscal first-quarter profit of $619 million.
News Corp. said Thursday it is planning to initiate a semi-annual cash dividend of about 10 cents a share in the first quarter fiscal 2016, its first since the company was separated from 21st Century Fox Inc. in 2013.
A Waltham man has been convicted of insider trading for tipping off his golfing buddies about the business activities of a company that helped them make more than $500,000 illegally.
The No. 3 U.S. drugstore chain posted slower-than-expected quarterly same-store sales growth as the introduction of new generic drugs hurt pharmacy sales.
Credit ratings agency Moody's says it has raised its outlook for Spain's banks to positive, scrapping the negative rating it had held for seven years.
In a move that adds momentum to efforts to integrate immigrants, California is on the cusp of extending state-subsidized health care coverage to children from low-income families who are in the country illegally.
Greece will default with the International Monetary Fund on July 1 if it doesn't make it payment on June 30 because there's no way to delay it, IMF Managing Director Christine Lagarde said Thursday.