Bernanke still cautious on recovery

Ben Bernanke wrapped up his four-part lecture series at George Washington University on Thursday with a rather cautious view of the American economy.

Stocks end mixed on lackluster economic reports

U.S. stocks drifted lower but rebounded in later trading Thursday to end at nearly breakeven.

PayPal taps mobile chief as its new leader

PayPal is throwing its full weight into the mobile payments market. To fill its vacant top spot, the Web payments giant is elevating David Marcus, who joined the company in August as its mobile chief.

Treasury unloads shares in small banks

The Treasury Department priced preferred shares in an auction of six smaller banks this week as it unwinds positions it acquired during the height of the financial crisis.

Apple supplier audit finds major wage and overtime violations

A heavily anticipated report on working conditions at Apple supplier Foxconn documents dozens of major labor-rights violations, including excessive overtime, unpaid wages and salaries that aren’t enough to cover basic living expenses.

Judge orders Reebok to stop selling Tebow gear in Nike suit

Nike scored a win in its lawsuit against rival Reebok over the sale of apparel with the name of quarterback Tim Tebow and that of his new team, the New York Jets.

CafePress, Millennial Media jump in IPOs

It’s a hot week for public debuts. Shares of two tech-related companies, CafePress and Millennial Media, gained in their initial public offerings Thursday.

Google demands payment through Google Wallet for its conference

If you want to attend Google’s annual developer conference, Google I/O, you’d better be prepared to use the company’s technology to secure a spot.

Mega Millions jackpot breaks record

The gambler’s clock was ticking on Thursday as Mega Millions broke a new record of $540 million, the biggest jackpot for any lottery.

Investment and vacation home sales soar in 2011

Sales of investment properties and vacation homes soared last year as investors snapped up homes that were selling at beaten down prices.