Business News

Avoid Common Errors When Filing Tax Return

Updated: 04/13/2014 - Remember, April 15, 2014 is the deadline for filing your tax return. Before filing your tax return, you should check to make sure it doesn't contain any errors. The IRS provides the following tips to help you avoid some common errors.

Global Economy Continues To Improve

Posted: 04/12/2014 - The world's top finance officials say the global economy is recovering, and they're hopeful that well-run economic programs will avoid the risks that threaten that rebound.

General Motors CEO Knew Of Steering Problems

Posted: 04/11/2014 - Documents from a House subcommittee show that General Motors CEO Mary Barra received an email about a steering problem in the Saturn Ion in October 2011 - more than two years before the car was recalled.

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Economic News

  • Yellen: Fed's Rate Policy Hinges on 3 'Big Questions'
    Fed Chairwoman Janet Yellen, in a speech to the Economic Club of New York, sketched out the central bank's three "big questions" as it considers when the U.S. economy will be healthy enough to shift course on interest-rate policy.
  • Economy Thawing, Survey Finds
    Economic activity in most of the country rebounded in recent weeks from weather-related slowdowns earlier this year, according to the Fed's survey of regional economic conditions released.
  • China Growth Slows to 7.4%
    China's GDP growth slipped in the first quarter to its slowest level in 18 months as the world's second-largest economy continued to downshift.
  • Housing Market Slow to Hit Its Spring Stride
    A flurry of recent housing data suggests that the market's spring selling season is getting off to a slow start, a worrisome sign after a winter of expectations that warmer weather would rekindle growth.
  • U.S. Industrial Production Rises
    U.S. industrial production rose in March, moving beyond a lackluster winter and showing potential to gain strength in the coming months.
  • U.S. Consumer Prices Rise Slightly
    Higher housing and food costs helped lift overall consumer prices last month, a development that could reassure some Fed officials as they roll back their easy-money policies.
  • Nonprofits Caught in Pension Crossfire
    Several well-known nonprofits are caught in a tussle between billionaire donor John Arnold, who advocates overhauling public pensions, and multimillion-member unions.
  • U.S. Retail Sales Surge 1.1%
    Strong sales at U.S. retailers in March offered fresh evidence of the economy thawing out after a winter freeze.

US Business News

  • Alibaba Flexes Muscles Before IPO
    Despite challenges, a big surge in profits and revenue has put the Chinese e-commerce giant on track for a $15 billion stock sale, just shy of what Facebook sold when the social-networking firm went public in 2012.
  • Yahoo Shows Signs of Growth
    Yahoo's earnings report provides evidence that the company may be winning back advertisers, and that Alibaba had a strong December quarter.
  • Shale Boom's New Problem: Radioactive Waste
    North Dakota has been slow to address repercussions from the surge in crude output, including the proliferation of radioactive oil filters. The state has no place to store such waste, which has led to illegal dumping.
  • Google Shares Slide After Disappointing Results
    Google shares fall after the company posted a smaller-than-expected increase in first-quarter earnings amid a continuing decline in how much advertisers pay per click, as users shift to mobile devices.
  • IBM's Profit Slides on Hardware Sales Drop
    IBM reported a fall in first-quarter profit as the computing giant's revenue continued to be stung by a sharp decline in hardware sales.
  • Canada Police Charge Man in Heartbleed Breach
    The Royal Canadian Mounted Police said Stephen Arthuro Solis-Reyes stole confidential taxpayer data by exploiting the security flaw.
  • RadioShack Mired in Talks Over Store Closings
    RadioShack Corp. is mired in negotiations with its lenders over plans to close up to 1,100 stores, complicating the struggling consumer electronics retailer's turnaround, people familiar with the matter said.
  • Auto Makers Hunt for Gains in China
    Beijing auto show exhibits will be heavy with new, low-priced cars aimed at young, professional Chinese with an eye on the high life.
  • SanDisk's Profit Jumps on Higher Revenue
    The results marked a continued rebound from a year earlier, when weak pricing and cyclical changes weighed on results.
  • Ex-Editor Admits Hearing a Hacked Voice mail
    Former editor Andy Coulson told jurors one of his reporters in 2004 played for him hacked voice-mail messages left by a U.K. politician.
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