Stocks are opening lower on Wall Street, putting the market on track for its first weekly loss after four weeks of gains.
US durable goods orders rise 3.3 percent in April
Martin Crutsinger, Associated Press |
posted May 24th - 7:25am
U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring.
Some unions now angry about health care overhaul
Sam Hananel, Associated Press |
posted May 24th - 7:14am
When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters.
Futures slide; markets appear headed for down week
Associated Press |
posted May 24th - 6:10am
Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about what the Fed will do next.
Procter & Gamble brings back A.G. Lafley as CEO
Mae Anderson, Associated Press |
posted May 24th - 5:59am
Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.
Summer travel forecast: Better, but no blowout
Scott Mayerowitz and Jonathan Fahey, Associated Press |
posted May 24th - 4:15am
The forecast for summer travel, 2013: Partly sunny.
Japan's PM Abe defends policies as markets settle
Elaine Kurtenbach, Associated Press |
posted May 24th - 12:50am
Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami disaster.
Kennecott lays off 100 more employees
Dennis Romboy |
posted May 23rd - 10:29pm
Kennecott Utah Copper laid off about 100 workers Thursday as a result of a massive landslide that crippled its mine last month, and intends to let more go before the end of May.
Why worry? Less aid by Fed would point to recovery
Paul Wiseman, Associated Press |
posted May 23rd - 7:09pm
Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.
Sears reports bigger-than-expected 1Q loss
Anne D'innocenzio and Candice Choi, Associated Press |
posted May 23rd - 7:09pm
It was another ugly quarter for Sears Holdings Corp.
Slovenia adopts debt cap to stave off crisis
Associated Press |
posted May 24th - 7:21am
Slovenia's parliament has adopted a cap on public spending to try to convince investors that it will be able to avoid needing an international bailout.
Report: France backs off caps on CEO pay
Associated Press |
posted May 24th - 3:38am
France's finance minister says the government is no longer planning to cap executives' salaries in the private sector, amid concerns it is antagonizing the big businesses needed to reinvigorate the economy.
German business confidence unexpectedly rebounds
Geir Moulson, Associated Press |
posted May 24th - 3:27am
German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy, a closely watched survey found Friday.
Procter & Gamble brings back A.G. Lafley as CEO
Mae Anderson, Associated Press |
posted May 23rd - 7:56pm
Procter & Gamble Co. is bringing back its former CEO, as the world's largest consumer-products maker tries to spur global growth.
6 tips on managing your 401(k) plan effectively
Alex Veiga, Associated Press |
posted May 23rd - 5:33pm
The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes.
Markets
DJIA
15209.45
-85.05
Nasdaq
3437.60
-21.82
S&P 500
1639.45
-11.06
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