New research from The New School Schwartz Center for Economic Policy Analysis shows that Social Security retirement benefits help narrow the gap between the haves and have nots. But it's not enough to prevent some workers from facing poverty in retirement.
Ford Motor Co on Monday posted a 1.3% fall in fourth-quarter vehicle sales as soft demand for passenger cars outweighed stable sales of larger sport utility vehicles (SUVs) and pick-ups.
Oil prices edged up on Monday, after Brent touched above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S. air strike killed a top Iranian military commander.
Gains in Amazon and Alphabet helped New York's S&P 500 stock index recoup early losses on Monday sparked by rising tensions in the Middle East.
Gold prices shot to almost seven-year highs on Monday while yields on U.S. Treasury and euro zone government debt fell as escalating U.S.-Iranian tensions spurred demand for safe-haven assets.
Former Nissan and Renault boss Carlos Ghosn did not use French travel documents to travel from Japan to Lebanon, French Foreign Minister Jean-Yves Le Drian said on Monday.
Hewlett-Packard suffered "buyer's remorse" over its disastrous $11 billion acquisition of Autonomy and was trying to pin the blame on UK entrepreneur Mike Lynch, London's High Court heard on Monday in the closing stages of a multi-billion dollar case.
The market is valuing Disney's streaming business at $108 billion, according to Barclays.
Margarita Louis-Dreyfus borrowed $1 billion from Credit Suisse last year to buy out minority shareholders of Louis Dreyfus Company (LDC), pledged her majority stake in the commodities trader as collateral, a company filing showed.
Occidental Petroleum Corp said on Monday it would cut its majority stake in pipeline operator Western Midstream Partners LP to less than 50% in 2020, to reduce its debt that grew significantly with the Anadarko Petroleum Corp deal.
Xerox Holdings Corp said on Monday it has secured $24 billion in financing for its $33.5 billion takeover offer for HP Inc , a deal that the personal computer maker is opposing.
Qualcomm Inc on Monday announced a computing system for autonomous vehicles designed to handle everything from lane controls to full self-driving that it aims to have on the road by 2023.
Oil prices steadied on Monday after Brent touched above $70 a barrel on rhetoric from the United States, Iran and Iraq that fanned tensions in the Middle East after a U.S. air strike killed a top Iranian military commander.
JetBlue Airways Corp on Monday said it plans to become carbon neutral on all domestic flights by July 2020 and would use an alternative fuel source for flights leaving from San Francisco amid rising pressure to cut greenhouse emissions.
U.S. stocks ended higher on Monday, rebounding from Friday's losses as investors brushed aside increased tensions in the Middle East, while shares of Alphabet and other internet names gained.