Stocks closed broadly if modestly higher Friday on light volume as traders avoided making any big bets ahead of a long holiday weekend. The equity markets closed up for the third straight day and extended their winning ways to …
Though the media often reports on eye-popping salaries of government officials, such as school superintendents and other political appointees, most public-sector workers don’t do nearly as well. Typically, they earn about 6% le…
A new report from the Philadelphia Fed shows America’s manufacturing sector is strongly bouncing back. Not only are firms reporting booming activity, strong shipments of goods and more unfilled orders, but jobs are being create…
Despite tepid industry sales last year, South Korean carmaker Hyundai set a sales record, thanks to savvy designs and sophisticated engineering. It’s come a long way from an early econo-box image. Now, if it could just do as we…
Winter in the Northeast was particularly brutal this year, but not enough to account for the likely record prices. Blame crude oil’s recent price jump for that. But the chills could become even worse if Obama’s proposed cut in …