Investors enjoying near-record levels for major stock indexes will scrutinize housing data and other economic indicators in the coming week for hints about the timing of U.S. interest rate hikes to see if the rally will continue.
North America
U.S. multinationals set to face much more pain from strong dollar
The surging value of the U.S. dollar may be posing the biggest threat to U.S. corporate earnings since the 2008 financial crisis, hurting results at most U.S.-based multinationals. Some on Wall Street are even talking about an earnings recession.
Currency hedging takes on new importance for global stock funds
As the dollar surged in the last 12 months, David Marcus, head of the Evermore Global Value fund, steadily increased his stake in Europe. He now has 60 percent of his portfolio invested in companies in the euro zone, the largest stake among any global fund tracked by Lipper.
Steve Jobs bio says Disney CEO kept Jobs' condition a secret: Bloomberg
Walt Disney Co CEO Bob Iger learned that Steve Jobs' cancer had returned less than an hour before Disney announced it was buying Jobs' Pixar studio in 2006, and Iger kept the Apple co-founder's condition a secret for three years, according to Bloomberg, citing a new biography of Jobs.
What the Superdollar means for summer travel
Jane McManus can hardly believe her luck. The New York-based sportswriter for ESPN.com is planning a summer vacation with her family in Ireland.
Latest News
Rapid7, LogRhythm and Mimecast are joining a growing list of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate of hacker attacks, according to people familiar with the matter.
U.S. stocks rose on Friday, pushing the Nasdaq to a 15-year high and helping the S&P 500 snap a three-week string of losses, following a pullback in the dollar, upbeat results from Nike and further biotech gains.
Simon Property Group Inc (SPG.N), the No.1 U.S. mall owner, raised its offer for Macerich Co (MAC.N) three days after its smaller rival rejected its earlier offer, adopted a poison pill and changed board structure to prevent a hostile takeover.
Upscale jeweler Tiffany & Co's (TIF.N) quarterly sales fell for the first time in five years and are expected to decline further in the current quarter, hurt by the strong dollar.
U.S. stock index futures climbed on Friday after a one-day pullback as investors were reassured by a reform pledge by Greece to its EU creditors that could help avert a cash crunch.
Amazon.com Inc has won approval from U.S. federal regulators to test a delivery drone outdoors, as the e-commerce company pursues its goal of sending packages to customers by air, even as it faces public concern about safety and privacy.
Web hosting company GoDaddy Inc's initial public offering is expected to value the company at up to $2.87 billion and comes at a time when there has been a steep fall in the number of companies going public in the United States.
Billionaire entrepreneur Richard Branson's Virgin Group may take on Tesla Motors Inc and other companies in developing electric cars, Bloomberg reported on Thursday.
U.S. stocks fell on Thursday as a stronger dollar weighed on oil and other commodity prices, sending energy and materials sectors lower.
