Microsoft Corp. reported quarterly earnings Thursday that beat analysts estimates, citing robust demand for its Vista operating system as well as its top-selling new video game "Halo 3."
Michele Mann was doing just fine on her own, thank you. She had launched a successful interior design business, which now earns her about $100,000 a year. She'd nearly paid off the two-bedroom Phoenix condo she had bought for $450,000 in 1992. And she'd amassed a handsome portfolio.
No one actually expects lawmakers to overhaul the tax code this year, but House Ways and Means Chairman Charles Rangel (D-NY) planted his flag Thursday morning by unveiling a bill that he calls the "mother of all tax reforms."
Oil prices hit a record high Thursday of more than $90 a barrel after reports indicated that the Organization of Petroleum Exporting Countries has no plans to increase production.
It's an unlikely pairing: the nation's biggest mortgage lender and one of its harshest critics. But with thousands of troubled borrowers facing foreclosure, the two adversaries put aside some of their differences and joined forces.
About 1 million baby seats sold at major U.S. retailers are being recalled after the Consumer Product Safety Commission received 28 reports of serious head injuries, including three skull fractures, after young children fell out of the seats when they were placed on tables.
Question: After three years of negative returns, I need to find a new money manager. What should I ask and is there anything I can rely on that ranks the quality and returns for money managers?
Stocks ended lower for the second straight session Thursday as record high oil prices in addition to lackluster earnings and economic reports fueled investors' nervousness about the direction of the economy.
