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Updated: 23 min 13 sec ago
U.S. consumer prices fell 0.4% in December, the largest drop since the end of 2008, hit by tumbling prices for gasoline and other types of energy, according to government data released Friday.
The Internal Revenue Service is considering a temporary shutdown due to budget cuts, IRS Commissioner John Koskinen said, according to a report in Politico.
Shares of Netflix Inc. rose 1% in premarket trade Friday, after Cowen upgraded the video streaming service, citing strong user survey results, increasing original content and attractive valuation.
New Era Cap CEO Christopher Koch (kohk) will take on the role of president of the Buffalo-based company that makes the official on-field caps for Major League Baseball.
A central Pennsylvania hospital is cutting 30 jobs, not filling 11 others and reducing hours for 50 other workers.
Home Depot Inc. said Friday that Chief Executive Craig Menear will become chairman effective Feb. 2. Menear will replace Frank Blake, who is retiring.
Brokers around the world are crumbling in the wake of the Swiss National Bank's shock decision to remove the cap on its currency.
Gain Capital shares tumbled x% in premarket trade Friday, even after the trading technology company said it did not expect any material adverse financial impact from the volatility in the Swiss franc.
Goldman Sachs reported a drop in quarterly profit as investment banking revenue slid and an unexpected bout of market volatility in December hit revenue in its business that trades bonds, currencies and commodities.
Brent crude oil rose more than $2 to around $50 a barrel on Friday after the West's energy watchdog forecast the market sell-off would end, although analysts said a strong rebound soon was unlikely as global output continued to outweigh demand.
U.S. stock index futures edged lower on Friday, following five straight days of losses for major indexes, setting Wall Street up for its fourth negative week out of the past six.
Shares of Wet Seal tumbled 35% in premarket trade Friday, after the teen apparel retailer voluntarily filed for Chapter 11 bankruptcy protection.
A familiar industrial landmark for Thruway motorists in the Mohawk Valley is slowly disappearing as crews demolish a century-old baby food factory.
Wall Street investment bank Goldman Sachs reported a 10 percent drop in fourth-quarter earnings Friday, hurt by a fall in trading activity.
Las Vegas casino mogul Steve Wynn told a gathering of more than 2,000 Boston-area real estate developers and other professionals he is confident his planned casino in Everett will became a major economic engine for the region.
About one thousand Long Islanders packed a meeting to oppose a plan to build a casino-style gambling parlor in Westbury.
The Nuclear Regulatory Commission says a special inspection of a backup pump at the Millstone Power Station has raised two findings it characterizes as of "very low safety significance." The backup pump is used to help cool the reactor after a shutdown.
The Labor Department reports on consumer prices for December.
The Federal Reserve reports on industrial production for December.
Moves on the Swiss franc have forced online currency trader Alpari (UK) into insolvency, the London-based broker said Friday.