US Stocks Falling For 3rd Day On Lower Earnings
Posted: 10:04 AM Stocks are sliding following weak earnings from United Parcel Service and other major U.S. companies. The market was headed for its third loss in a row.
Posted: 10:04 AM Stocks are sliding following weak earnings from United Parcel Service and other major U.S. companies. The market was headed for its third loss in a row.
Posted: 11:48 AM News Corp. is naming its grade school education business Amplify.
Posted: 11:47 AM Treasury yields are sinking as worries about Spain's economy send traders into the safety of U.S. government debt.
Updated: 6:25 PM The Nasdaq stock exchange is chipping in more money to reimburse investment firms that lost money when online social network Facebook went public in May because computer glitches delayed their trading orders.
Posted: 2:54 PM Strong earnings from IBM and other technology companies are helping the stock market close higher for the third day straight.
Posted: 6:51 AM A measure of the number of Americans seeking unemployment benefits surged last week, although the figures may have been distorted by seasonal factors.
Updated: 9:59 AM The head of a major defense contractor is warning that he might have to lay off 10,000 workers if Congress fails to agree on an alternative to automatic budget cuts.
Posted: 12:23 PM Insurers estimate that Colorado wildfires that destroyed over 600 homes are responsible for at least $449.7 million in damage.
Posted: 9:37 AM Chairman Ben Bernanke says the U.S. economy has weakened and the Federal Reserve is ready to take further action to bolster growth if conditions don't improve.
Posted: 3:57 PM A Senate investigation has found that Europe's largest bank had lax controls that allowed Mexican drug cartels to launder money through its U.S. operations for seven years.
Posted: 12:25 PM The U.S. budget deficit grew by nearly $60 billion in June, remaining on track to exceed $1 trillion for the fourth straight year.
Posted: 11:06 AM Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market.
Posted: 9:46 AM The Justice Department says Wells Fargo & Co. will pay at least $175 million to settle accusations that it violated fair-lending laws.
Posted: 7:53 AM U.S. stocks are falling as fear simmers about Europe's debt crisis and the pace of global growth.
Posted: 7:10 AM The number of people seeking unemployment benefits plunged last week to the lowest level in four years, but the decline was partly due to temporary factors.
Posted: 5:46 PM Personal computer sales in the U.S. sagged during the spring as shifting technology trends, upcoming product releases and a shaky economy dampened demand for the machines on the market.
Posted: 10:04 AM Consumer Reports offer four ideas for reducing the cost of your television service, without dropping channels.
Posted: 9:30 AM Democrats want to push tax cuts through the Senate for companies that hire people, give raises or buy major equipment this year.
Posted: 9:16 AM U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring.
Posted: 1:26 PM Americans stepped up their borrowing in May, helped by the largest monthly gain in credit card debt in more than four years.
Updated: 12:47 PM Unemployment benefits are now being offered to workers who lost their jobs and others who are unable to work because of the High Park and Waldo Canyon wildfires
Updated: 11:45 AM A showdown is brewing in Washington between the president and Republicans--one that clearly outlines a key issue between President Obama and presumptive GOP nominee Mitt Romney.
Posted: 4:00 PM President Barack Obama says a bill to keep construction workers on the job and prevent a spike in interest rates on new loans to college students "will make a real difference" for millions of Americans.
Posted: 9:33 AM President Barack Obama is accusing Republican Mitt Romney of caving under pressure from Rush Limbaugh.
Updated: 9:44 AM The national unemployment rate remained at 8.2 after June concluded a disappointing second quarter.