Goldman earnings cool stock rally, lift dollar

Goldman Sachs dampened buoyant investor sentiment on Thursday with earnings that failed to meet the most extreme expectations, reversing gains on world stock markets and pushing the dollar higher. Wall Street looked

US foreclosure auctions, broken dreams on sale

The seven-bedroom, three-bath house in this city's West Garfield Park neighborhood had once been someone's American Dream. But at a recent auction of about 100 foreclosed houses and condos, it was just

Goldman beats Street on big bond trading profits

Goldman Sachs Group Inc posted better-than-expected quarterly earnings, fueled by outsized bond trading profits. The New York-based firm reported net income for common shareholders of $3.03 billion, or $5.25 a share. That compares

Nokia swings to surprise loss

The world's top cell phone maker Nokia surprised investors by taking a major writedown at its struggling networks unit and revealing a fall in its smartphone sales from the previous quarter. Shares