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UNDATED (AP) — The stock market is capping a week of mostly light trading with its first weekly loss since mid-February. The Dow closed up 13 points today. The S&P 500 slipped a point. The Nasdaq inched up 4 ½ points. Trading was relatively quiet ahead of the Easter holiday weekend. U.S. markets will be closed tomorrow for Good Friday.
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UNDATED (AP) — After a period of sustained gains, oil prices are down again. Concerns over excess supplies have returned to the market following the latest U.S. stockpiles data. Benchmark U.S. crude fell 33 cents, or 0.8 percent today, to close at $39.46 a barrel in New York. Brent crude, the benchmark for international oils, slipped 3 cents to $40.44 a barrel in London.
WASHINGTON (AP) — More people applied for unemployment aid last week. But the applications are still at a low level consistent with steady job growth. The Labor Department says weekly applications for unemployment benefits rose 6,000 to a seasonally adjusted 265,000. The four-week average, a less volatile figure, increased just 250 to 259,750.
NEW YORK (AP) — Dollar General is aggressively expanding its footprint. The Goodlettsville, Tennessee-based chain says it plans to add about 2,000 stores over the next two years, bringing the total count to more than 14,000 stores. Dollar General also projects annual net sales to increase 7 percent to 10 percent.
ALBANY, N.Y. (AP) — The National Bank of Pakistan says it will strengthen compliance with state and federal regulations against money laundering following an examination of its New York branch. The New York Department of Financial Services says "significant breakdowns relating to its risk management and compliance" were found.
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