Marley Jay, Associated Press | Posted Dec 2nd - 10:50am
Stocks are slightly higher Friday thanks to gains for companies that pay large dividends. Investors who want income are buying shares of real estate and phone companies and household goods retailers as bond yields fall. The drop in bond yields is also affecting banks, which are slipping after a huge rally over the last few weeks. The Dow Jones industrial average, which closed at a record high a day ago, is down slightly.
Christopher S. Rugaber, Associated Press | Posted Dec 2nd - 10:48am
U.S. employers added a solid 178,000 jobs in November, reflecting the steady economy President-elect Donald Trump will inherit. The unemployment rate hit a nine-year low of 4.6 percent, though mainly because many people stopped looking for jobs and were no longer counted as unemployed.
James MacPherson, Associated Press | Posted Dec 2nd - 10:41am
So far, the hundreds of protesters fighting the Dakota Access pipeline have shrugged off the heavy snow, icy winds and frigid temperatures that have swirled around their large encampment on the North Dakota grasslands.
China appealed to Washington and Berlin to avoid injecting politics into the proposed takeover of a German maker of semiconductor manufacturing equipment following a report President Obama plans to oppose it as a security risk.
Lolita C. Baldor, Associated Press | Posted Dec 2nd - 9:31am
Breaking once more from presidential custom, Donald Trump is turning to a military man to steer the U.S. military, choosing retired Gen. James Mattis, who will be the first career officer to lead the Pentagon since just after World War II.