President Barack Obama isn't talking about it and neither is Mitt Romney. But come January, 163 million workers can expect to feel the pinch of a big tax increase regardless of who wins the election.
Poor earnings reports from three companies in the Dow Jones industrial average — Microsoft, General Electric and McDonalds — sent indexes down sharply Friday, marking a sour end to an otherwise strong week in the stock market.
European Union leaders agreed early Friday to create a single supervisor for banks in countries that use the euro — without saying when it would become fully operational.
Google Inc.'s stock plunged suddenly on Thursday afternoon after a contractor released the search company's third-quarter earnings report early, by mistake.
A mixed batch of earnings and economic reports pulled the stock market lower on Thursday. Google plunged 9 percent after it accidentally released a weak earnings report hours ahead of schedule.
China's worst slump since the global financial crisis leveled out in the latest quarter and retail sales picked up in a sign an economic rebound is taking shape, adding to hopes for a global recovery.
European leaders were drawing battle lines Thursday as they headed for a summit in Brussels, with France pushing back against Germany's call for a new EU czar with wide powers to veto countries' budgets.
A surprisingly strong housing report helped push the stock market mostly higher Wednesday, even as weak earnings reports from Intel and IBM weighed on the Dow Jones industrial average.
Inflation is low, earnings are high, investors are happy.
Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, shocking Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.
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