Surely, BuzzFeed's Ben Smith was hoping for a better way to close out 2014 than this. In a New Years Eve interview with conservative radio host Hugh Hewitt, the BuzzFeed editor in chief was taken to task over "tabloid journalism" on his site, with…
NEW YORK (Reuters) - Ambac Assurance Corp sued Bank of America Corp to recoup hundreds of millions of dollars of losses from insuring roughly $1.68 billion of securities backed at least in part by risky mortgages from the bank's Countrywide Home Loans unit.
(Reuters) - A forecasting tool developed by the Federal Reserve recommends that U.S. interest rates should be hiked immediately to keep pace with the improving economy, according to a paper by the soon-to-retire Philadelphia Fed President Charles Plosser.
NEW YORK (Reuters) - Boeing Co appears to have delivered 111 of its 787 Dreamliners in 2014, topping its forecast of 110, after the company said on Wednesday it had delivered Etihad Airways' first 787-9 jet.
WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes rose only modestly in November, pointing to a still-sluggish housing market despite several months of stronger economic growth and hiring.
(Reuters) - Revelers ringing in the new year this week need to watch out for the next day's hangover. Investors may experience a similar feeling early in 2015 after a two-year run that has propelled U.S. stocks up by nearly 50 percent.
WASHINGTON/NEW YORK (Reuters) - The Obama administration has opened a new front in the global battle for oil market share, effectively clearing the way for the shipment of as much as a million barrels per day of ultra-light U.S. crude to the rest of the world.
ROME (Reuters) - Accommodative monetary policy will remain necessary for as long as global growth remains weak, IMF managing director Christine Lagarde said in a newspaper article published on Wednesday.