Investors recovered their poise by midday Thursday after an early sell-off sent stocks sharply lower.
Stricken Japan nuke plant struggles to keep staff
Yuri Kageyama, Associated Press |
posted 19 minutes ago
Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it.
Between economy and trouble, Obama approval steady
Jim Kuhnhenn, Associated Press |
posted 22 minutes ago
The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.
US rate on 30-year mortgages rises to 3.59 pct.
Marcy Gordon, Associated Press |
posted 59 minutes ago
Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.
US new home sales up 2.3 percent in April
Martin Crutsinger, Associated Press |
posted May 23rd - 10:24am
U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.
Ralph Lauren's 4Q profit rises 35 pct
Anne D'innocenzio, Associated Press |
posted May 23rd - 10:05am
Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.
Oil falls on concerns for China demand, Fed policy
The Associated Press |
posted May 23rd - 10:00am
The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy.
US stock market recovers most of an early loss
The Associated Press |
posted May 23rd - 9:55am
Stock prices are slightly lower at midday on Wall Street after manufacturing contracted unexpectedly in China this month.
Pepper your wardrobe with 'Gatsby' glitz for less
Anne D'innocenzio, Associated Press |
posted 15 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.
Snapple co-founder Leonard Marsh dies at 80
The Associated Press |
posted 27 minutes ago
Leonard Marsh _ the co-founder of the Snapple beverage brand _ has died at age 80.
McDonald's can't shake criticism about nutrition
Candice Choi, Associated Press |
posted 37 minutes ago
McDonald's once again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting Thursday.
Kerry Kennedy, farmworker protest Wendy's in NYC
Associated Press |
posted 38 minutes ago
Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City.
Kerry Kennedy, farmworker protest Wendy's in NYC
Associated Press |
posted May 23rd - 11:26am
Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City.
Rue21 agrees to go private in nearly $1B deal
Associated Press |
posted May 23rd - 9:58am
Clothing and accessories company Rue21 has agreed to be taken private in nearly $1 billion deal with private equity firm Apax Partners.
CEO Pay: It's good to be in health care
The Associated Press |
posted May 23rd - 9:33am
Here's a look at median CEO pay by industry last year, as calculated by executive pay research firm Equilar. For the fourth time in five years, health care CEOs got the most pay and utilities CEOs got the least.
Markets
DJIA
15292.66
-14.51
Nasdaq
3463.22
-0.08
S&P 500
1653.14
-2.21
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