U.S. stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded. | Video
Recent Business News
WASHINGTON U.S. consumer spending regained momentum in January as households ramped up purchases of a variety of goods, in a hopeful sign that economic growth was picking up after slowing to a crawl at the end of 2015.
NEW YORK As U.S. stocks continue to struggle in 2016, equities are showing some signs selling pressure may be reaching an end.
Toy maker Mattel Inc on Friday named a new head for its Barbie business as it seeks to reignite sales of its iconic dolls after two years of declines.
NEW YORK While recently tighter U.S. financial conditions will factor into the Federal Reserve's upcoming policy decisions, it is "extraordinarily premature" to even talk about using negative interest rates to stimulate the economy, a top Fed official said on Friday.
BUENOS AIRES Argentina's main farm group on Friday took complaints against Monsanto Co to local regulators, accusing the company of abusing its dominant position in the market by ordering exporters to inspect soy cargos for second-generation genetically modified seeds.