State/National Business
Stocks edge lower as investors wait on Fed
NEW YORK (AP) — Stocks edged lower in early trading on Wall Street Wednesday as investors waited for word from the Federal Reserve. The U.S. central bank will release its latest policy update at 2...
Jun 19, 2013 | 0 0 comments | 7 7 recommendations | email to a friend
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Senator: IRS to pay $70M in employee bonuses
WASHINGTON (AP) — The Internal Revenue Service is about to pay $70 million in employee bonuses despite an Obama administration directive to cancel discretionary bonuses because of automatic spendin...
Jun 19, 2013 | 0 0 comments | 12 12 recommendations | email to a friend
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Investors guess Fed's actions, push stocks higher
NEW YORK (AP) — The U.S. stock market rose in early trading Monday, driven not by any new economic data but by investors counting on the Federal Reserve to extend programs meant to boost the econom...
Jun 17, 2013 | 0 0 comments | 29 29 recommendations | email to a friend
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US homebuilder confidence soars to 7-year high
For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months. The National Associat...
Jun 17, 2013 | 0 0 comments | 39 39 recommendations | email to a friend
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Futures rising ahead of Fed's 2-day policy meeting
NEW YORK (AP) — U.S. stock futures are rising sharply ahead of this week's two-day policy meeting of the U.S. Federal Reserve. Dow Jones futures are up 124 points to 15,112. S&P futures have added ...
Jun 17, 2013 | 0 0 comments | 39 39 recommendations | email to a friend
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US stocks little changed at end of a volatile week
NEW YORK (AP) — Stocks are little changed in the early going on Wall Street as trading quieted down at the end of a turbulent week. The Dow Jones industrial average edged down a point to 15,175 in...
Jun 14, 2013 | 0 0 comments | 57 57 recommendations | email to a friend
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Oil tops $97 amid Syria worries, ahead of US data
The price of oil rose past $97 a barrel Friday amid concerns about a possible escalation in Syria's civil war while traders awaited the release of several reports on the U.S. economy. By early afte...
Jun 14, 2013 | 0 0 comments | 55 55 recommendations | email to a friend
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Lightweight Microsoft Office available on iPhone
NEW YORK (AP) — Microsoft's Office software package is coming to the iPhone for the first time Friday, offering people the ability to read and edit their text documents, spreadsheets and slide pres...
Jun 14, 2013 | 0 0 comments | 62 62 recommendations | email to a friend
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US stock market wavers in early trading
by MATTHEW CRAFT, AP Business Writer
Jun 13, 2013 | 0 0 comments | 54 54 recommendations | email to a friend
NEW YORK (AP) — A pair of better economic reports helped nudge the U.S. stock market up in early trading Thursday, even as global markets headed lower. The Standard & Poor's 500 index was up four ...
US unemployment benefit applications fall to 334K
by CHRISTOPHER S. RUGABER, AP Economics Writer
Jun 13, 2013 | 0 0 comments | 50 50 recommendations | email to a friend
WASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped 12,000 last week to a seasonally adjusted 334,000, a decline that suggests steady job gains will endure. The less vo...
Futures slump in the midst of a global selloff
by The Associated Press
Jun 13, 2013 | 0 0 comments | 51 51 recommendations | email to a friend
NEW YORK (AP) — U.S. stock futures slumped Thursday as selloffs in Asia and Europe overshadowed positive reports in the U.S. on jobs and retail sales. Cited repeatedly as the cause for this week's...
Stock indexes inch higher after two days of losses
by MATTHEW CRAFT, AP Business Writer
Jun 12, 2013 | 0 0 comments | 49 49 recommendations | email to a friend
NEW YORK (AP) — The stock market is edging up Wednesday after two days of losses. Trading has turned choppy in the past three weeks as traders have started preparing for a time when the Federal Re...
Oil prices stay above $95 per barrel
by PAMELA SAMPSON, AP Business Writer
Jun 12, 2013 | 0 0 comments | 48 48 recommendations | email to a friend
BANGKOK (AP) — Oil prices rose Wednesday as energy traders distanced themselves from the debate over whether the U.S. central bank might begin to scale back its monetary policy. Benchmark oil for ...
More Americans quit jobs, a sign of confidence
by CHRISTOPHER S. RUGABER, AP Economics Writer
Jun 11, 2013 | 0 0 comments | 50 50 recommendations | email to a friend
WASHINGTON (AP) — More Americans are quitting their jobs, suggesting many are growing more confident in the job market. The Labor Department said Tuesday that the number of people who quit their j...
Wall Street shrugs off a global market rout
by MATTHEW CRAFT, AP Business Writer
Jun 11, 2013 | 0 0 comments | 46 46 recommendations | email to a friend
NEW YORK (AP) — Investors shrugged off a rout in global markets Tuesday. Shortly after noon Eastern Daylight Time, the Dow Jones industrial average was down 16 points to 15,221. It had lost as muc...
Futures follow global markets sharply lower
by The Associated Press
Jun 11, 2013 | 0 0 comments | 44 44 recommendations | email to a friend
NEW YORK (AP) — Stock futures are following overseas markets sharply lower on uncertainty about the role of Asian and European governments in global economic recovery efforts. Dow Jones industrial ...
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