President Barack Obama says he sees a lack of humility among leaders of the financial community.
Microsoft and Yahoo are close to sealing a long-anticipated search-and-advertising deal, a blog owned by the Wall Street Journal reported. Representatives for both companies declined to comment.
The IRS does a poor job overseeing the paid tax preparers used by more than half the nation's taxpayers, the agency's inspector general said in a report released Monday.
As expected, shareholders of drugmaker Wyeth on Monday voted overwhelmingly to be acquired by industry giant Pfizer Inc.
Fifteen states have crossed a painful threshold: 10 percent unemployment. More states, and the nation, likely will follow, one of the biggest dangers to an economic recovery.
Investors extended the stock market's rally Monday following another batch of upbeat earnings and reports that commercial lender CIT Group has made a deal with key bondholders to avoid bankruptcy.
Citigroup Inc. surprised Wall Street Friday, reporting a $3 billion second-quarter profit instead of the big loss analysts expected.
More clues to an ongoing financial mystery emerged Thursday on Capitol Hill, with former Treasury Secretary Henry Paulson taking the political stage to declare that it was he who pressured Bank of America to buy Merrill Lynch in December.