Personal Economics
  • A year after marathon bombs, Boston hospitals apply lessons learned

    A year after marathon bombs, Boston hospitals apply lessons learned

    By Svea Herbst-Bayliss, Reuters

    BOSTON (Reuters) - The homemade bombs that ripped through the crowd at the finish line of last year's Boston Marathon, killing three people and injuring 264, showcased the city's medical talent but...

  • Morgan Stanley profit soars on wealth management, trading

    Morgan Stanley profit soars on wealth management, trading

    By Lauren Tara LaCapra and Anil D'Silva, Reuters

    (Reuters) - Morgan Stanley reported a 55 percent jump in first-quarter earnings as higher revenue from its institutional securities business augmented another strong quarter from wealth management,...

  • GE industrial profits rise 12 percent, shares up

    GE industrial profits rise 12 percent, shares up

    By Lewis Krauskopf and Ernest Scheyder, Reuters

    (Reuters) - General Electric Co posted a 12 percent rise in overall industrial profits on Thursday, as strength in its businesses selling gas turbines, jet engines and oil industry equipment offset...

  • Weak U.S. prices, not inflation, the threat now: Fed's Yellen

    Weak U.S. prices, not inflation, the threat now: Fed's Yellen

    By Jonathan Spicer, Reuters

    NEW YORK (Reuters) - Persistently low inflation poses a more immediate threat to the U.S. economy than rising prices, Federal Reserve Chair Janet Yellen said on Wednesday, stressing that the U.S...

  • BofA reports first quarterly loss since 2011 on lofty legal bill

    BofA reports first quarterly loss since 2011 on lofty legal bill

    By Peter Rudegeair and Tanya Agrawal, Reuters

    (Reuters) - Bank of America Corp reported an unexpected first-quarter loss on Wednesday after it took a $6 billion charge to cover litigation expenses, a figure that far exceeded the legal...