U.S. factory output slipped in May, hurt by a decline in oil refining that overshadowed solid gains by automakers.
Fitbit flexed some muscle and its shares rocketed almost 50 percent higher in the first day of trading for the fitness tracking gear maker.
Budget cuts to the IRS are hampering the agency's efforts to uncover tax cheats, an agency watchdog said Wednesday, and more trims are on the way under legislation approved by a GOP-controlled House panel.
Diversify. The financial industry says you have to do it with your investments. But when it comes to who's running mutual funds, diversity can be tough to find. Less than 10 percent of all managers are women, according to a recent tally by Morningstar.
A rising stock market and climbing home prices boosted Americans' net worth to a new high in the first three months of the year.
The IRS is joining with states and private industry to combat identity theft by sharing more data about how tax returns are filed, officials announced Thursday. The effort is aimed at stemming a problem that has victimized thousands of taxpayers and cost
U.S. banks are in the process of replacing tens of millions of old magnetic strip credit and debit cards with new cards that are equipped with computer chips that store account data more securely.
Officials have given final approval to an ordinance that makes Los Angeles the largest city in the U.S. to gradually raise the minimum wage to $15 an hour.
A Colorado public school kitchen manager was fired for giving a student a free lunch for which the hungry student didn't qualify. CBSN's Vladimir Duthiers and Kristine Johnson have the latest on the controversial firing.
Don't know what to make of the junk-bond market? Join the club. One month, dollars are flooding into junk-bond mutual funds and exchange-traded funds. The next, dollars are pouring out the opposite direction.