Average credit card debt, late payments fall in 1Q
Alex Veiga, Associated Press |
posted May 20th - 10:02pm
Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.
Lew taps government retiree pension fund
Martin Crutsinger, Associated Press |
posted May 20th - 6:52pm
Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.
Warren Buffett enjoys playing salesman-in-chief
Associated Press |
posted May 20th - 5:35pm
Billionaire Warren Buffett isn't just Berkshire Hathaway's chairman and CEO. He's also the chief salesman.
Warren Buffett gives young entrepreneurs 10 shares
Josh Funk, Associated Press |
posted May 20th - 4:50pm
Meeting Warren Buffett was exciting, but 10-year-old Matthew Meyer said winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life.
Actavis buying Warner Chilcott in $8.5B deal
Michelle Chapman and Tom Murphy, Associated Press |
posted May 20th - 4:33pm
Actavis is buying Warner Chilcott in an all-stock deal valued at about $8.5 billion that would create the third-biggest specialty pharmaceutical company in the U.S. market.
Summary Box: Small company stocks are bright spot
The Associated Press |
posted May 20th - 3:47pm
SMALL IS BEAUTIFUL: Small company stocks were a bright spot for the market in a subdued start to the week for Wall Street. The Russell 2000 index climbed above 1,000 points for the first time and ended higher Monday, even as the Dow Jones industrial average and the Standard & Poor's 500 index edged lower.
How the Dow Jones industrial average fared Monday
The Associated Press |
posted May 20th - 3:42pm
The Dow Jones industrial average and the Standard & poor's 500 index edged lower on Monday as investors waited on more information about the Federal Reserve's economic stimulus program. On Wednesday Fed Chairman Ben Bernanke will appear before Congress and the central bank will release minutes of its most recent policy meeting.
US Treasury bond market at a glance
The Associated Press |
posted May 20th - 3:39pm
Gold breaks a losing streak; other metals rise
The Associated Press |
posted May 20th - 3:17pm
The price of gold rose Monday for the first time in nearly two weeks.
United restarts 787 flights after grounding
Joshua Freed, Associated Press |
posted May 20th - 2:43pm
United Airlines put its 787 back in the air on Monday, with both the airline and Boeing hoping to put the plane's four-month grounding behind them.
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