Associated Press

Best Buy reports 1Q loss on restructuring costs

Best Buy Co. on Tuesday reported a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.

Average credit card debt, late payments fall in 1Q

Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.

Futures fall as markets await hints from Fed

Futures fall as markets await hints from Fed U.S. stock futures are down in light trading ahead of an appearance this week by Fed Chairman Ben Bernanke before Congress.

Housing recovery boosts Home Depot 1Q results

Housing recovery boosts Home Depot 1Q results Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.

German central bank: Economy to improve 'markedly'

Germany's central bank expects the country's economy to improve "markedly" in the second quarter _ a development that could boost the wider eurozone as it struggles to get out of recession.