Bester News

Gap Inc. shares surge 20% in early trading Friday, a day after the clothing retailer reiterated its outlook and said tighter inventory controls made up for lower sales, leading to improved third-quarter profit.

As Research In Motion launches its first touch-screen BlackBerry device in the U.S. market, questions remain to be answered about how the device will fare against its chief rival -- the iPhone.

Reaching out to veteran policy-makers in a troubled economic climate, President-elect Barack Obama reportedly fills three critical posts for his administration.

New York Times Co. shares are down 12% after the company cuts its quarterly dividend by 74% and indicates there will be no immediate turnaround to a steep decline in advertising revenue.

The steep drop in gas prices might not be enough to save Detroit, but cheaper fuel no doubt has made it easier for dealers to unload the trucks and SUVs that have been gathering dust ever since oil's record price spike this past summer.

Detroit's auto executives, pleading to Congress for a federal lifeline, have warned that forcing the industry to restructure via bankruptcy poses a worst-case scenario that would spook shoppers and damage their reputations beyond repair.

Thousands of people are expected to participate in the annual Help the Homeless Walkathon on Saturday in Washington, an event sponsored by Fannie Mae. A banner ad for the event runs at the top of FannieMae.com.

The debate at the Securities and Exchange Commission over whether the agency should maintain or change controversial “mark-to-market” accounting regulations rages on.

Latvia is seeking financial support from the International Monetary Fund and the European Union, as the small Baltic nation struggles to maintain its fixed exchange rate, stabilize its banking system and revive its ailing economy.

But there is one corner of the investment world where you can put your dollars on display with pride. Fine-art investing not only offers an alternative to the market but also some snazzy décor options. The trouble is, fine-art investing can be finicky, like anything else, and the prices to get in are often way too high for the average saver.