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Retail sales rebound signals thaw in economic activity

Retail sales rose in March for the first time since November as consumers stepped up purchases of automobiles and other goods, suggesting a sharp slowdown in economic growth in the first quarter was temporary.


Wells Fargo profit falls as employee costs rise

Wells Fargo & Co (WFC.N), the largest U.S. mortgage lender, reported a drop in quarterly profit for the first time in five years as employee costs rose at a time margins are under pressure from low interest rates.

Intel sees revenue holding, cuts capital spending, shares up

Chipmaker Intel Corp forecast revenue broadly in line with Wall Street's expectations and signaled a hefty cut in capital expenditures this year, lifting its shares in after-hours trading.

Clinton: Unfair that fund managers pay lower tax rate than truckers

Democrat Hillary Clinton blasted executive pay and tax rates for hedge-fund managers on Tuesday, using the first stop of her low-key campaign rollout in Iowa to highlight her promise to help Americans struggling toward economic recovery.


Latest News

Panasonic has put a few updates on its Toughpas 4K tablet. The tablet gets a better processor as well as an additional HDMI port to cater more devices for a bigger variety of tasks.
The Xbox One just got a lot cheaper. The Xbox One just saw a major price drop- if you've been thinking about buying Microsoft's latest Xbox console, now would be the time to do it.
5 Seconds of Summer could never break up... could they? 5 Seconds of Summer could never break up. . . or could they? As devastating as it would be to the Australian pop rock group's legions of adoring fans, several band members were actually discussing the potential of a breakup recently.
The bad guy for 'The Incredibles 2' may be someone we've already seen before. The Incredibles fans rejoice! The long-awaited sequel to one of Pixar's most beloved films is finally getting an official sequel.
'Planet of the Apes 3' might involve a lot of time travel... Planet of the Apes 3 is one of the future summer blockbusters we've heard almost nothing about.
Melissa McCarthy could come back from the dead in 'Ghostbusters.' When Ghostbusters- the upcoming reboot, that is- first announced its cast, the first name associated with the movie was a name everyone was expecting: Melissa McCarthy.
‘Sister Wives’ Spoilers, Cast Update revealed that there will be more court room drama. Meri Brown is speculated that she won’t be returning for Season 6.
‘Criminal Minds’ Season 10 Spoilers teased as Roy suffers Alzheimer, Hotch looks after him in Episode 20. Show’s spinoff premiere receives satisfactory ratings.
Latest ‘General Hospital’ Spoilers April 14 revealed that Baby AJ’s search widen. Franco and Nina’s relationship on the rocks.
Though down to 8 members, the all-female K-pop group Girls' Generation has gotten very positive reception for its track, "Catch Me If You Can." The Korean version of the music video featuring the eight talented members in one of their energetic bestgot over 5.5 million views on YouTube. Meantime, intrigues continue to swirl; the recent rumor is that three of the girls may disband to form their own subunit.