Trader Edward McCarthy on the floor of the New York Stock Exchange as the Standard & Poor's 500 index hit a record high. (Photo: AP/Richard Drew)
Optimism that the Federal Reserve is committed to supporting a strengthening economy sent the Standard & Poor's 500 Index to an all-time high and within 10 points of the 2,000 milestone. [Full Story]
BofA Seeks to Prove Buffett Right After Record $17B Settlement
Billionaire Warren Buffett has predicted Bank of America Corp. will become a profit dynamo when it finally resolves legal battles that have sapped funds and distracted managers. ... [Full Story]
Optimism that the Federal Reserve is committed to supporting a [Full Story]
The U.S. Federal Reserve should avoid waiting too long to raise interest [Full Story]
Shares in the Standard & Poor's 500 Index have rallied back to an all-time [Full Story]
Thomas Sandell, a hedge-fund manager who makes merger-related bets and [Full Story]
California, which releases more greenhouse-gas emissions than any other [Full Story]
Fraudsters are targeting JPMorgan Chase customers in an email phishing [Full Story]
Chipotle Mexican Grill, a burrito chain that's defying a broader restaurant [Full Story]
Gold slid 1.3 percent to its lowest in two months on Thursday, extending [Full Story]
U.S. home resales raced to a 10-month high in July and the number of Americans filing new claims for jobless benefits fell last week, signaling strength in the economy. [Full Story]
Sears said Thursday that its second-quarter loss widened as it continues to deal with weak sales.The retailer - which runs Sears and Kmart stores - lost $573 million, or $5.39 per share, for the period ended Aug. 2. That compares with a loss of $194 million, or $1.83 per... [Full Story]
The Treasury's auction of $16 billion in five-year inflation-indexed notes on Thursday attracted the second-highest demand on record from a class of investors that includes foreign central banks. [Full Story]
There's no shortage of market participants who are bearish on stocks. But very few are as bearish as financial author Harry Dent. [Full Story]
Mortgage rates in the U.S. dropped for a second week, sending 30-year borrowing costs to the lowest point for 2014.The average rate for a 30-year fixed mortgage was 4.1 percent, down from 4.12 percent, Freddie Mac said in a statement. [Full Story]

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