Steven Mnuchin, Donald Trump's pick to lead the Treasury Department, on Thursday defended his handling of thousands of foreclosures during the height of the financial crisis, saying he had worked hard to assist homeowners to refinance so they could keep their homes.
The number of Americans seeking unemployment benefits dropped last week to the lowest level in more than 43 years, another sign that most American workers enjoy job security.
U.S. stocks fell on Thursday, with the Dow on track to mark its fifth day of losses as investors stayed away from making risky bets ahead of Donald Trump's swearing-in as president on Friday.
European Central Bank President Mario Draghi said on Thursday that actions the bank has taken in December have succeeded in improving the economic climate.
Manufacturing activity across the mid-Atlantic continued to expand in January, as general activity, new orders, shipments and employment all indicated expansion.
The number of Americans filing initial claims for unemployment benefits fell unexpectedly last week back to near the lowest levels in decades.
U.S. homebuilding rebounded more than expected in December, suggesting that the housing market contributed to economic growth in the fourth quarter.
Union Pacific Corp. (UNP) on Thursday reported fourth-quarter profit of $1.14 billion.
Thirteen automakers are recalling more than 652,000 vehicles in the U.S. in the latest round of dangerous Takata air bag inflator recalls.
The European Central Bank kept its super-easy monetary policy unchanged as expected on Thursday, maintaining extraordinary stimulus to aid a tepid recovery in growth after nearly a decade in the doldrums.
Shares were meandering in sluggish trading in Asia on Thursday as investors awaited the inauguration of Donald Trump as president.
Federal regulators have sued Navient, accusing the biggest U.S. student loan company of making it harder for borrowers to repay loans by giving them bad information, processing payments incorrectly and failing to act on complaints.
The U.S. economy grew a bit faster at the end of last year, spurred by healthier sales for manufacturers and steady hiring that is slowly pushing up wages.
Buick has lowered the price on its popular Encore for 2017, all while updating its look and adding new connectivity features.
CSX railroad officials expect profits to grow this year as the economy improves modestly, coal demand stabilizes and President-elect Donald Trump pursues reforms.
General Motors Co. has agreed to pay a $1 million penalty for violating accounting rules involving its deadly ignition switch scandal.
From Wal-Mart to General Motors to Amazon, a growing number of the world's largest companies appear to be trying to get in step with President-elect Donald Trump's demand that employers hire and keep jobs at home.
Tom Naratil, UBS president of Americas, discussed what the UBS Investor Watch Survey revealed about investors' and business owners' outlook for the U.S. economy.
U.S. industrial production increased in December at the strongest pace in two years, as auto factories cranked out more vehicles and power plants helped heat homes and businesses.
The Dow Jones Industrial Average slipped, dragged down by declines from Goldman Sachs Group and UnitedHealth Group.