NEW YORK (Reuters) - Consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects, particularly among upper-income households, a survey released on Friday sho... [Full Article]
By Phil Wahba (Reuters) - J.C. Penney Co Inc Chief Executive Myron Ullman told Wall Street on Thursday that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer. Penney reporte... [Full Article]
A fossil that once lined a mule track in Iraq has revealed the surprising survival of a group of ichthyosaurs, marine reptiles that swam the seas more than 66 million years ago. (Source: LiveScience.com)... [Full Article]
TOKYO (AP) - The Japanese military's forced prostitution of Asian women before and during World War II was necessary to "maintain discipline" in the ranks and provide rest for soldiers who risked their lives in battle, an outspoken pol... [Full Article]
CAIRO (AP) - Egypt's former president, Hosni Mubarak, has spoken to the public for the first time since his detention two years ago, saying he is dismayed at the country's state of affairs and particularly the plight of the poor. (Source: A... [Full Article]
TOKYO (AP) - The dollar rose above 100 yen for the first time in more than four years Friday as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves to help revive Japan's moribund ... [Full Article]
Alan Abelson, who spent 57 years as a writer, editor and chief columnist for financial news publication Barron's, has died at the age of 87. The author of the long-running Up and Down Wall Street column ... (Source: Associated Press)... [Full Article]
By Caroline Valetkevitch NEW YORK (Reuters) - The Dow closed above 15,000 for the first time on Tuesday and the S&P 500 ended at another record high, extending the market's rally as more investors rushed to join the party and German industri... [Full Article]
By Caroline Valetkevitch NEW YORK (Reuters) - Standard & Poor's, initially known as the Standard Statistics Company, created its first stock market index in 1923. It consisted of the stocks of 233 companies and was computed weekly. Three yea... [Full Article]
By Solarina Ho TORONTO (Reuters) - The Canadian dollar was marginally stronger against its U.S. counterpart on Monday, tracking positive market sentiment following Friday's surprising U.S. monthly jobs report. The benchmark S&P 500 index edg... [Full Article]