Business news

Oil prices briefly spiked to the highest level in three weeks following a report that Iranian oil exports dropped significantly this month.
Iran, the world’s third-largest […]

Hartford Financial Services Group Inc. is exiting the annuity business so it can focus on its property and casualty insurance, group benefits and mutual funds […]

European Central Bank President Mario Draghi called on banks and governments to make the most of a lull in the sovereign debt crisis as he […]

LMI Aerospace posted larger profit and revenue in the fourth quarter, but the St. Charles-based maker of aircraft parts said today it has trimmed its […]

The U.S. Justice Department has warned Apple and five of the biggest U.S. publishers that it plans to sue them, accusing them of colluding to […]

The IRS is cracking down on scammers promising elderly and low-income churchgoers "free money" by urging them to claim fraudulent tax refunds.
The nationwide […]

Only the most “dire of circumstances” should spur the U.S. Federal Reserve to buy more assets, and that is unlikely, a top central bank […]

Federal Reserve Bank of San Francisco President John Williams said the Fed should maintain an

Companies are improving margins and generating profits as wage growth for the American worker lags behind the prices of goods and services.
The year-over-year change […]

U.K. inflation probably slowed in January to its weakest pace in more than a year as the impact of a sales-tax increase a year earlier […]