Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.
Sears reports bigger-than-expected 1Q loss
Michelle Chapman and Anne D'innocenzio, Associated Press |
posted 19 minutes ago
Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter with the beleaguered retailer blaming a cooler spring for falling sales.
Why worry? Less aid by Fed would point to recovery
Paul Wiseman, Associated Press |
posted 26 minutes ago
Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.
Pepper your wardrobe with 'Gatsby' glitz for less
Anne D'innocenzio, Associated Press |
posted 53 minutes ago
Baz Luhrmann's big screen adaption of "The Great Gatsby" is shining a spotlight on Roaring Twenties glam fashions, from drop-waist dresses and head scarves to crisp bow ties and spectator shoes. But you don't need a wallet the size of Jay Gatsby's to get the look.
Wheat gains on overseas demand
The Associated Press |
posted 0 minutes ago
The price of wheat is rising by the most in two weeks after a U.S. government report showed strong demand for the grain from overseas buyers.
Hewlett-Packard, Rue21, Buckle are big movers
The Associated Press |
posted 13 minutes ago
Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
News Summary: J&J predicts surge of new medicines
The Associated Press |
posted 31 minutes ago
BIG PLANS: Johnson & Johnson says it's poised by 2017 to seek regulatory approval for a dozen new medicines and two dozen variations of existing ones.
Figures on government spending and debt
Associated Press |
posted 41 minutes ago
Gap's 1st-quarter profits rises 43 percent
Anne D'innocenzio, Associated Press |
posted 46 minutes ago
After years of struggling, Gap is back in style.
Stocks end lower as investors reassess Fed worries
Steve Rothwell, Associated Press |
posted 48 minutes ago
Stocks are ending the day slightly lower after recouping a big loss early on.
Muni bond investors on edge over tax proposal
Mark Jewell, Associated Press |
posted May 23rd - 2:08pm
Municipal bonds continue to provide a reliable refuge from stock market volatility and a steady source of tax-free income.
Muni bond investors on edge over tax proposal
Mark Jewell, Associated Press |
posted May 23rd - 2:08pm
Municipal bonds continue to provide a reliable refuge from stock market volatility and a steady source of tax-free income.
J&J expects 10-plus new drug applications by 2017
Linda A. Johnson, Associated Press |
posted May 23rd - 1:58pm
Johnson & Johnson is developing what could eventually be game-changing treatments for depression and pain, and it's aiming to apply for approval of more than 10 new medicines by 2017, executives said Thursday during a review of the health care giant's medicine business.
Big stores nix credit card settlement, file suit
Associated Press |
posted May 23rd - 1:57pm
Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing.
News Summary: US mortgage rates up, but still low
The Associated Press |
posted May 23rd - 1:36pm
RATES RISE: Average U.S. rates on fixed mortgages rose this week to their highest levels since mid-March. Even with the gains, they remained close to historic lows.
Markets
DJIA
15294.50
-12.67
Nasdaq
3459.42
-3.88
S&P 500
1650.51
-4.84
Most Popular
CNBC Top Headlines
Sears Shares Drop 13% After Big Loss
Thu, 23 May 2013 20:41 GMT
Pandora Shares Jump After Revenue Beat
Thu, 23 May 2013 20:35 GMT
Gap's Earnings Beat Forecasts
Thu, 23 May 2013 20:24 GMT
Immigrants Please Apply: Rust Belt Cities Need You
Thu, 23 May 2013 18:27 GMT
Retailers Sue Visa and MasterCard
Thu, 23 May 2013 16:52 GMT
CNNMoney.com Headlines
Beware of shadow banks - opinion
Thu, 23 May 2013 16:33:56 EDT
Ashton Kutcher: 'Media @&$#%! Twitter up'
Thu, 23 May 2013 14:50:28 EDT
McDonald's gives Charles Ramsey free food for a year
Thu, 23 May 2013 14:24:14 EDT
Can Microsoft's Kinect finally deliver for gamers?
Thu, 23 May 2013 14:19:15 EDT
Is bond bubble losing air?
Thu, 23 May 2013 13:32:36 EDT
NYTimes.com Biz News
DealBook: Rue21 to Sell Itself to Apax for $1.1 Billion
Thu, 23 May 2013 20:32:42 GMT
Corner Office: Brad Garlinghouse of YouSendIt, on Clear Leadership
Thu, 23 May 2013 20:22:27 GMT
Wall Street Recovers After Worldwide Slump
Thu, 23 May 2013 20:14:32 GMT
DealBook: I.S.S. Settles Investigation Into Leaks of Shareholder Vote Data
Thu, 23 May 2013 20:13:40 GMT
European Parliament Moves to Limit Scope of Eventual U.S. Trade Deal
Thu, 23 May 2013 19:34:54 GMT
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