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Hedge fund managers are making money on a scale that once seemed unimaginable. One manager, John Paulson, reaped $3.7 billion in 2007.
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In the clearest view yet of his plans, the senator called for a series of tax cuts and backed away from a pledge to balance the budget by the end of his first term.
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Critics say the housing relief bill is adding up to a bailout for big businesses, as the legislation includes billions of dollars in tax breaks for automakers and airlines.
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Many say the $611 million publicly financed stadium for the Washington Nationals has accelerated a striking change in a long-languishing area.
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In the trendy meatpacking district, an office tower used to be as rare a sighting as a fanny pack. But the area is starting to attract new corporate tenants.
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Alan Rosenberg said Tuesday he remained angry enough over performer compensation levels to bring the entertainment industry to a halt again.
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Johnson & Johnson posted better-than-expected first-quarter earnings as the weak dollar offset plunging sales of medicines facing generic competition.
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The European Commission said that worries about human rights and Tibet should not be “walled off” from Europe’s trade relationship with China but that it did not support boycotts.
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A rising tide of foreign visitors is providing New York City with a counterbalance against the economic downturn.
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The librarian at the heart of the Harry Potter copyright-infringement lawsuit stood up to J. K. Rowling in a Manhattan courtroom, and then broke down sobbing.
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The computer chip maker reported that global demand for chips was “solid” during the first quarter, soothing fears that a soft economy was hitting the tech sector.
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Documents unearthed in lawsuits over the pain drug Vioxx provide a rare, detailed look at the industry practice of ghostwriting medical research studies.
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An e-mail scam aimed at the nation’s top executives is raising new alarms about the ease with which people and companies can be deceived by online criminals.
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Stocks gained as record oil prices lifted energy shares and stronger-than-expected quarterly results at several regional banks helped shares of financial companies.
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The Canadian government is said to be ready to declare as toxic the compound bisphenol-a, a chemical widely used in plastics for baby bottles, beverage and food containers.
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United States home foreclosure filings surged 57 percent in the 12-month period that ended in March, and bank repossessions soared 129 percent from a year ago.
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Linens ’n Things said it would defer paying about $16.1 million in interest payments due Tuesday as it worked to stave off a bankruptcy filing.
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The 15 advertising agencies that agreed to be monitored for three years on their minority hiring practices met 24 of the 30 goals they set for themselves in 2007.
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Oil prices surged to a new high on Tuesday, reaching $114 a barrel, as scattered pipeline interruptions and a weak dollar agitated a tight global market.
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In a unanimous decision, the Supreme Court limited states’ ability to tax income that companies with out-of-state headquarters earn from their in-state investments.
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A gauge of prices paid by American producers jumped 1.1 percent in March, sharply accelerating from a 0.3 percent increase in February.
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Three prominent academic publishers are suing Georgia State University, contending that the school is violating copyright laws.
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Shares of both Delta Air Lines and Northwest Airlines slid following the announcement of the merger and Northwest pilots vowed to kill the $2.7 billion deal.
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What if, despite the classic argument, it turns out that money really can buy happiness?
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Venezuela moved Tuesday to take a greater cut of windfall oil profits, approving a 50 percent tax on foreign oil companies when crude tops $70 a barrel.
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States are experimenting with a broad range of solutions to the foreclosure crisis, resulting in a changing patchwork of local approaches.
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The price of basic food like rice, wheat and corn has been rising sharply, setting off violent protests in Haiti, Egypt, Uzbekistan, Yemen, the Philippines, Thailand, Indonesia and even Italy.
