The Dow Jones industrial average and Standard & Poor's 500 index broke through two milestones Monday before the market gave up nearly all its gains late in the day.
General Electric rose to a multiyear high Monday as investors liked the spinoff of its lending unit and Citigroup raised its target price for GE.
MF Global must pay back $1.21 billion to ensure customers recover their losses sustained when the brokerage firm failed in 2011.
U.S. homebuilders' confidence in the housing market held steady this month, buoyed by optimism that the recovery will endure, but some worry that another fight over the federal budget could cause would-be buyers to put off home purchases.
Stock futures are rising again in a week that will be loaded with new data on the housing market and minutes from the Federal Open Market Committee.
U.S. fast food giant McDonald's said it would test customized burgers that include more than 20 toppings and sauces.
The U.S. Postal Service said it lost $5 billion in the 2013 fiscal year and Friday called for restructuring of its health and retirement plans, officials said.
JPMorgan Chase, the largest U.S. bank, said it had settled residential mortgage securities claims by 21 large investors for $4.5 billion.
A small New Hampshire coffee company can continue to market its "Charbucks" roast over the objections of Starbucks, a federal appeals court said Friday.
The holiday shopping season is nearly a week shorter this year than last, with just 26 shopping days between Thanksgiving and Christmas, prompting at least one retailer to open as early as 6 a.m. on Thanksgiving Day.
Federal Reserve efforts to stimulate the U.S. economy have saved the federal government more than $1 trillion in debt since 2007, a report from the McKinsey Global Institute finds.
Covered California could get a higher-than-expected proportion of sick people under President Obama's new rules, which might in turn require insurers to revisit the premiums they have already set.
A Government Accountability Office report finds that the Federal Reserve hasn't finalized regulations it's required to implement to avoid future bank bailouts.
U.S. and European Union negotiators on Friday reported good headway in their talks for a proposed free trade deal, and disputed charges that ordinary citizens could be the losers.
Industrial production dropped 0.1 percent in October after posting a gain of 0.7 percent in September, the U.S. Federal Reserve said Friday.