President Donald Trump on Friday hailed roaring US economic growth as a "miracle," and said the quickest expansion in almost four years was a vindication of his economic agenda.
The US central bank on Wednesday raised the benchmark interest rate for the third and final time this year, and indicated it was not likely to be more aggressive next year, at least for now.
The Los Angeles City Council Wednesday approved more stringent rules for banks that want to do business with the city, which could result in Los Angeles divesting its funds from Wells Fargo over its fake accounts scandal and support of the Dakota Access Pipeline.
American corporate leaders are increasingly upbeat about growth in the world's largest economy as lawmakers prepare to enact deep tax cuts, the Business Roundtable said Tuesday.
Wall Street stocks rose back into record territory early Tuesday ahead of data on US consumer confidence and a Senate confirmation hearing for Federal Reserve nominee Jerome Powell.
Billionaire Wang Jianlin wants to offload his foreign assets, including the beleaguered One Beverly Hills property, as well as properties in Britain, Australia and the Chicago, in one big fire sale for $5 billion, according to the South China Morning Post.
Wall Street was back in rally mode Monday, with the Dow and S&P 500 finishing at records as Apple, Facebook and other tech shares posted strong gains.
Stock markets dropped Monday and the dollar slid on concerns that the collapse of President Donald Trump's repeal of Obamacare could leave him struggling to push through his promised tax-cut and infrastructure spending policies.
Venice-based Snap Inc., parent company of the photo/video- sharing Snapchat phone app, went public Thursday, opening at $24 a share, then rose to $25 -- far above the initial share price of $17.
Wall Street stocks resumed their upward climb Monday, the first trading day of the new year, amid apparent rising optimism about the incoming Trump administration.