The Gap's shares soared Friday after the retailer reported solid gains in sales for October and gave an optimistic outlook for its third quarter.
The Hispanic unemployment rate continued to pace U.S. workers over all, though at a higher rate.
Bristol-Myers Squibb says it will focus on some of its key drugs and experimental treatments for HIV, hepatitis B, cancer, immune conditions and fibrotic disease.
Netflix has signed its biggest ever original production deal with the Disney-owned comic book firm Marvel, beginning with the adventures of Daredevil.
The Walt Disney Co.'s earnings rose 12 percent in the company's fiscal fourth quarter, beating forecasts, but poor performance by its pay TV unit sent stocks down in after-hours trading.
Twitter surged 73 percent on its first day of trading Thursday, but the broader market had its worst day since August as traders worried that the Federal Reserve could cut back on its economic stimulus.
A persistent paradox on Wall Street concerns the Federal Reserve's $85 billion per month asset purchasing program that investors expect will end as the economy improves.
Americans kept the plastic in their wallets in September for a fourth month in a row, but increased auto loans and student debt.
Investors were encouraged by Penney's report Thursday that a key sales barometer rose in October for the first time in nearly two years, but some analysts are wary about the chain's deep discounts.
Stocks held near record highs in early trading Thursday amid excitement over Twitter's market debut and after U.S. economic growth accelerated in the third quarter to the fastest pace in a year.
Toll Brothers is buying the homebuilding business of Shapell Industries for about $1.6 billion in a move aimed at strengthening its position in California.
Stock futures headed higher Thursday after the European Central Bank made a surprise interest rate cut and the U.S. economy grew much faster than most had expected in the third quarter.
Fannie Mae and Freddie Mac are profitable again, paying dividends to the Treasury and nearing completion of paying back their government bailouts.
Twitter's shares opened at $45.10, well above the IPO price of $26, and increased 84 percent by midmorning.
The European Central Bank cut interest rates to a record low on Thursday, responding to a slump in inflation that has sparked fears the eurozone's economic recovery could falter.