Business
Wall Street ends volatile week on high note as tech leads
Wall Street rallied on Friday, led by tech stocks on the back of Applied Materials' strong profit forecast, ending a volatile week on a positive note. | Video
Recent Business News
NY Fed's 'nowcast' estimate of second-quarter GDP rises to 1.7 percent
WASHINGTON The U.S. economy is on track to expand at an annualized rate of 1.7 percent in the second quarter, half a percentage point higher than estimated a week earlier, the New York Federal Reserve said on Friday.
U.S. securities regulator takes aim at exchange-traded funds
WASHINGTON The top U.S. securities regulator is taking aim at exchange-traded funds, with the agency's chair on Friday saying that recent events have called for giving the popular funds "enhanced attention."
SunEdison agrees to withdraw request for independent examiner
NEW YORK SunEdison Inc has tentatively agreed to withdraw a request for an independent examiner for the renewable energy company's bankruptcy, its attorneys said in court on Friday, enabling its creditors to pursue their own investigation.
LendingClub taps Jefferies to seek loan funding: sources
LendingClub Corp has hired investment bank Jefferies LLC to help it find investors for loan funding, people familiar with the matter said on Friday, as the U.S. online lender seeks to replenish investments after a probe over the sale of some of its loans.
Economic data keeps Fed in focus for stocks
NEW YORK Economic data will garner most of the attention next week, with investors placing a heavy weight on a host of reports as they try and determine the likelihood of a rate hike by the U.S. Federal Reserve at its June meeting.