Economy

Dollar Holds Near Four-Year Highs as Yield Advantage Lures Funds

The dollar held near a four-year high against a basket of major currencies on Friday, and further gains looked likely for the U.S. currency as it boasted its the biggest yield advantage over the euro in 15 years.

Stock Market Report: Dow Jones Falls by Over 260 Points

Apple takes a big hit too. Wall Street has not seen a day this bad in nearly two months. The Dow Jones fell over 260 points and Apple fell almost 4 percent on a day that kept many investors home for the Jewish holiday Rosh Hashanah.

Jobs and Employment Statistics: US Jobless Claims Report Better Than Expected

Job report could point to a firming of the labor market Less Americans than expected filed new claims for unemployment benefits last week, indicating that job growth may be speeding up in the U.

Jimmy John's Credit Card Security Breach: More than 200 Locations Affected; Company Says Issue is Fixed

More than 200 stores were affected by the security breach, which began in June and ended in early September. However, Jimmy John's says it has remedied the problem and has put in place new security measures.

Microsoft Offers Free Programming Courses to Thousands of Latin Americans

Computer software giant Microsoft is working to teach young Latin Americans the joys of computer programming through its recently launched I Can Program initiative.

Apple iPhone rollout marred by ‘bendgate,’ dropped cell service

Two new Apple products hit speed bumps on Wednesday:iPhone 6 Plus buyers discovered their phones can bend when placed in back pockets, and the company pulled its latest mobile operating system after reports of dropped cellular service.

Exclusive: Not waiting for JPMorgan, Mercuria plots global metals push

Swiss commodity trader Mercuria, known best for its energy prowess, is mounting an audacious challenge to metal trading titans like Glencore Plc and Trafigura AG [TRAFGF.UL], but not in the way that industry sources had expected.

GM compensation fund makes first offers to victims, gets more claims

The fund to compensate for deaths or injuries linked to General Motors Co vehicles with faulty ignition switches this week made its first cash offers to about 15 people, the office of the lawyer overseeing the program said on Wednesday.

Euro eyes 2013 trough, dollar extends winning ways

The euro languished near a 14-month trough early in Asia on Thursday after surrendering overnight to stop-loss selling as a major chart bulwark at $1.2800 gave way.

Amazon's head of digital music, video to depart

Amazon.com Inc's head of digital music and video is departing the e-commerce company by the end of the year, a company spokeswoman said on Wednesday.

Fox Network Considers Purchasing Starz

Executives from 21st Century Fox and Starz met Tuesday to discuss a potential acquisition of the premium cable channel by Rupert Murdoch’s media conglomerate.

Stock Market News and Analysis: Dow Jones Jumps Over 150 Points After Positive Data

Dow ends 3-day slide Stocks pointed higher Wednesday and rallied up 150 points after positive new home sales news and Europe showing signs of more economic stimulus.

iOS 8 Updates, Bugs, and Fixes: Apple Pulls First Update After Reports of Serious Issues

iOS 8 update was supposed to fix previous bugs Apple released on Wednesday the first update to new operating system iOS 8, which came out to the public last week.

US New Homes Sales Reach Highest Level in Six Years

Numbers show that housing recovery continues New single-family home sales in the U. S. jumped last month to the highest level in more than six years, well outpacing economists' predictions.

Aircraft lessors wary as new rivals crowd into aviation

Aircraft leasing companies voiced confidence in steady jetliner demand, but warned new aviation investors that they may take a painful hit when central banks start unwinding their efforts to stimulate the economy.

Apple MacBook Rumors & News: New MacBook Air Could Release in 2015

Sources say the MacBook Air will have a redesigned exterior With last week's release, the technology industry has been sharply focused on the new Apple iPhone 6 and 6 Plus.

'The Lion King' Broadway Tickets 2014 & Disney Songs: Theater Gross Tops $6.2 Billion, Overtaking 'Phantom of the Opera'

Disney is no longer saying, "I just can't wait to be King," for it has become one. With over $6.2 billion in ticket sales worldwide, "The Lion King" has become the highest-grossing Broadway show in history, surpassing the longest-running show, "The Phantom of the Opera."

New York City Mayor Bill de Blasio Introduces Sweeping Plan to Reduce Greenhouse Emissions by 80 Percent by 2025

Before the People's Climate March on Sunday, New York Mayor Bill de Blasio announced a plan to commit the city to reducing greenhouse gas emissions by 80 percent in just 10 years with sweeping retrofits to public and private buildings.

Colorado Taco Cart Had Meth on Menu

Taco cart part of Colorado's largest meth bust in history Denver will be down a food truck after a taco cart operator, along with 16 others, were busted for selling methamphetamine in an international operation.

Cheap Gas Prices: Cost of Fuel Drops Significantly; Trend Expected to Continue in Winter Months

Gas prices could continue to fall a few more cents Gas prices hit their lowest levels since February, dropping almost 9 cents in the last two weeks through Friday Sept.