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Finance News

McDonald's: Regulator says it's a 'joint employer'

McDonald's: Regulator says it's a 'joint employer'

74 mins ago
NEW YORK (AP) — McDonald's says it has been notified by a labor regulator that it can be named a "joint employer" for workers in its franchisee-owned restaurants. Full Story
Pfizer's 2Q profit sinks 79 pct but tops forecasts

Pfizer's 2Q profit sinks 79 pct but tops forecasts

3 hours 25 mins ago
Pfizer's second-quarter earnings plunged 79 percent from last year, when the world's second-largest drugmaker booked a $10 billion-plus gain from a business spinoff. Full Story
Study: 35 percent in US facing debt collectors

Study: 35 percent in US facing debt collectors

4 hours 20 mins ago
WASHINGTON (AP) — More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute. Full Story
Fed is weighing key issues but may reveal little

Fed is weighing key issues but may reveal little

4 hours 50 mins ago
WASHINGTON (AP) — This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low. Full Story
Merck 2Q profit more than doubles

Merck 2Q profit more than doubles

5 hours 17 mins ago
A big one-time gain and a tax benefit helped drugmaker Merck & Co. more than double second-quarter profit, improve its profit forecast and top analysts' expectations. Full Story

Other Top Stories

Jimmy Dean moves beyond breakfast for first time

Jimmy Dean moves beyond breakfast for first time

5 hours 56 mins ago
NEW YORK (AP) — Jimmy Dean is coming to dinner — and lunch, too. Full Story
US consumer confidence jumps to 90.9 in July

US consumer confidence jumps to 90.9 in July

6 hours 5 mins ago
WASHINGTON (AP) — U.S. consumers are more confident about the economy than they have been in nearly seven years. Full Story
UPS 2Q profit drops, lowers outlook on spending

UPS 2Q profit drops, lowers outlook on spending

6 hours 12 mins ago
ATLANTA (AP) — UPS is willing to sacrifice some short-term profits to avoid a repeat of its failure last Christmas to deliver all packages on time. Full Story