President Barack Obama is expected to nominate the former chairman and CEO of Edison International John Bryson as the next commerce secretary. The president will make a formal announcement later today.
News today from the Case-Shiller home-price index says home prices in the nation's largest cities plunged to new depths in March. The index says these are the worst housing numbers since the Great Recession.
If the merger is approved, AT&T and T-Mobile will form the largest carrier in the cell phone service market. While some customers may be pleased by the better coverage the two can provide, others -- like competitor Sprint -- are not as happy.
Following the disaster at Japan's Fukushima nuclear plant, many countries reconsidered their stance on the safety of nuclear energy. Today, Germany announced plans plans to abandon nuclear energy altogether in the next 11 years. But without nuclear technology, will Germany be able to produce green energy?
As everyone wraps up their Memorial Day celebrations, and brokers make their way back from the Hamptons to Wall Street, many analysts turn their eyes towards Wall Street's "Summer Rally." But Fortune magazine's Allan Sloan says it's less of a rally and more of a myth.
German Chancellor Angela Merkel has endorsed an initiative to shut down its nuclear power plants by 2022. The move underscores growing concerns following the events at Japan's Fukishima nuclear power plant.
Since the natural disasters in Japan, many global markets have been hit by shortages in the supply chain, particularly companies with factories in Japan. But some industries have been hit harder than others.