Business News

Shares of mortgage giants Fannie Mae and Freddie Mac are cratering right now. Fannie is down 40% and Freddie is down 38% after U.S. lawmakers released a plan for reforming the government-operated entities. These stocks h...

Rapper Lil Boosie, 31, spent five years in the Louisiana State Penitentiary after pleading guilty to drug charges. But when he was released last week, the outside world was a different place. Lil Boosie went to prison...

Frank Ocean has some beef with Chipotle, and we're not talking burritos. Records obtained by The Hollywood Reporter show that in June 2013, Chipotle asked Ocean to record a song entitled "Pure Imagination" to go along wi...

Over the past several years, consumer brands like Oreo have started making the trip to SXSWi, the annual tech festival taking place right now in Austin, Texas. But once upon a time, brands were not nearly as tech savvy. ...

A selfie capital of the world has officially been named.   After extensive analysis by TIME, Makati City, a part of the Manila metropolitan area that's generally known as the financial center of Manila, ended up on top...

LONDON (AP) -- Bank of England Governor Mark Carney on Tuesday sought to shield his institution from being dragged further into a global scandal over the alleged manipulation of foreign exchange markets.     

At long last, the saga of the two men's suits retailers who just couldn't seem to get along has reached a conclusion: Men's Wearhouse has entered a $1.8 billion deal to acquire rival retailer Jos. A. Bank.

By Chris Deri

(Reuters) - One of the top executives of Twenty-First Century Fox Inc has raised questions about Comcast's potential dominance of the U.S. broadband Internet market if regulators allow its $45.2 billion merger with Time ...

Activist shareholders are spooking some bondholders, and the companies they target are seizing on the fears to rebuff their attacks.

China's central bank governor has said Beijing might finish the process of easing controls on interest rates within two years and market forces will set the pace for use of its tightly controlled currency abroad.

Guest Post: Call it the need for speed. When it comes to delivering software, today's business climate has three prerequisites for success: speed, agility, and innovation. While multi-year, expensive, and bloated softwar...

This estate on the Severn River features a 22,000-square-foot home and 900 feet of water frontage.

Sen. Ted Cruz (R-TX) on Tuesday chimed in on Sen. Dianne Feinstein's (D-CA) claim that the CIA hacked into a Senate committee computer network, linking the allegations to what he says is President Obama's abuse of power....

We’re looking for a highly motivated full-time Graphic Designer to join the BI Studios group, which which works with marketers on custom components of their advertising campaigns. The designer will concept, build, and ...

The Labor Department wants financial services companies that administer 401(k) retirement plans to do a better job explaining just what fees and expenses are attached to those plans.

Copper futures are lower again, as are crude oil prices. Wheat and corn are higher, while soybean contracts are slightly lower.

Twitter crashed on Tuesday for the second time in nine days when a software glitch stalled the popular messaging service for about one hour.     

Zach Galifianakis brought the ferns, and President Barack Obama opened a new avenue of presidential communication.

Google may debut its very first U.S. retail location in SoHo, New York, reports Crain’s NY. The 8,000-square-foot retail space at 131 Greene St. is situated just a couple storefronts away from eyewear giant Warby Parke...

The list was compiled impartially from data pulled by a multitude of sources, and not one of its top-ten techsters is a woman.     

Castlight Health‘s upcoming IPO signals a monster year for digital health. The health-software maker has boosted its IPO share price range to $13 to $15, up from the $9-to-$11 range in its initial filing. That means it...