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Buybacks are a big factor behind stock market boom

Bernard Condon, Associated Press  |  posted May 17th - 4:18pm
It's the narcissist rally.
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Bank of Montreal ordered to fix oversight lapses

Associated Press  |  posted May 17th - 3:47pm
Federal regulators are ordering the Bank of Montreal to take steps to correct lapses in oversight that could allow the bank to be used for money laundering.
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US Treasury bond market at a glance

The Associated Press  |  posted May 17th - 3:35pm
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News Summary: Stocks gain for fourth straight week

The Associated Press  |  posted May 17th - 2:56pm
THE FUTURE IS BRIGHT: Positive reports on leading economic indicators and consumer confidence gave the stock market a boost on Friday, helping stocks to their fourth consecutive week of gains.
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Pew survey questions Gen X, baby boomer savings

Marley Seaman, Associated Press  |  posted May 17th - 2:51pm
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.
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GM stock rises above $33 for first time in 2 years

Tom Krisher, Associated Press  |  posted May 17th - 2:50pm
Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years.
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Figures on government spending and debt

Associated Press  |  posted May 17th - 2:49pm
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How the Dow Jones industrial average fared Friday

The Associated Press  |  posted May 17th - 2:41pm
Encouraging news about the U.S. economy pushed stock prices higher on Wall Street Friday. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily recovering. The Dow Jones industrial average and the Standard & Poor's 500 index ended higher for a fourth straight week.
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Bill clears House for wider SEC economic analyses

Marcy Gordon, Associated Press  |  posted May 17th - 2:30pm
Legislation cleared the House on Friday that would place stricter requirements on the federal agency overseeing Wall Street to assess the costs and benefits of its regulations before they are issued.
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Groups divided on Bangladesh safety overhauls

Anne D'innocenzio, Associated Press  |  posted May 17th - 2:19pm
The nation's largest retail industry organization fired back Friday, outlining reasons why a legally binding global pact to make Bangladesh clothing factories safer would expose merchants to undue legal exposure. The move came as U.S. retailers face increasing pressure from a large coalition of religious groups and investors to work together to develop a plan.
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