Initial jobless claims fell more than expected last week.
Claims dropped 17,000 to 421,000 in the week ending Dec. 4, the Department of Labor said. The revised figure for the previous week was 438,000.
A survey of analysts by Reuters forecast claims…
Facebook founder Mark Zuckerberg and sixteen other billionaires have recently signed on to The Giving Pledge, a philanthropic campaign that commits them to give at least half of their fortunes to charity.
Conti…
President Obama insists that his agreement with Republicans will help working people avoid a pay cut. But as tax experts look at the full package more closely, it has become clear that low-end wage earners will indeed take a pa…
Nouriel Roubini, the NYU economics professor who has earned the nickname “Dr. Doom” for his predictions, says he’s concerned the tax cut compromise struck by President Obama and GOP leaders could expose the U.S. to bond vigila…
Irving Picard, the trustee charged with recovering assets on behalf of Bernie Madoff’s victims, sued the owner of The New York Mets.
The suit against Sterling Equities, a real-estate developer, was sealed as the parties are currently in negotiations,…