News  /  Biz  / 

Markets

DJIA 24,826.11 -187.18
NASDAQ 7,375.02 -19.02
S&P500 2,723.34 88.78

Most Recent

US stocks dip as industrials and retailers take losses

Marley Jay, Associated Press  |  Posted   May 22nd - 1:42pm

Stocks are slipping Tuesday as industrial companies, retailers and smaller and more U.S.-focused companies take losses. Banks are rising as Congress prepares to loosen some of the rules that have governed the industry since the 2008 financial crisis. Automakers are climbing after China said it will reduce auto import duties, a sign the two powers could resolve some of their differences on trade.

Atlantic City Q1 casino earnings down nearly 12 percent

Wayne Parry, Associated Press  |  Posted   May 22nd - 1:38pm

Atlantic City's seven casinos all remained profitable during the first quarter of this year, but those profits are shrinking even as two new competitors prepare to join the market.

Congress nears dismantling of post-crisis bank rules

Marcy Gordon, Associated Press  |  Posted   May 22nd - 1:28pm

Congress was taking a final step Tuesday toward dismantling a chunk of the rules framework for banks installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes.

Police swarm city street in Florida in apparent shootout

The Associated Press  |  Posted   May 22nd - 1:15pm

Multiple law enforcement agencies have surrounded a Panama City, Florida, apartment building where an active shooter is barricaded inside.

APNewsbreak: Pentagon adopts new cellphone restrictions

Lolita C. Baldor, Associated Press  |  Posted   May 22nd - 1:08pm

After months of debate, the Defense Department approved Monday new restrictions for the use of cellphones and some other electronic devices in the Pentagon where classified information is present or discussed. But officials stopped far short of imposing an all-out ban.

Low US unemployment rate masks financial struggles for many

Christopher Rugaber, Associated Press  |  Posted   May 22nd - 1:06pm

A Federal Reserve survey shows that despite an ultra-low 3.9 percent unemployment rate, about one-third of U.S. adults faced financial insecurity last year and often struggled to pay unexpected expenses.

The Latest: Vegas casino workers vote on whether to strike

The Associated Press  |  Posted   May 22nd - 1:04pm

The Latest on Las Vegas casino workers voting on whether to go on strike (all times local):

Many gunshots heard in Panama City, Florida; law enforcement agencies surrounding bank and apartment building

The Associated Press  |  Posted   May 22nd - 1:01pm

Many gunshots heard in Panama City, Florida; law enforcement agencies surrounding bank and apartment building.

US and China work on ZTE rescue; Mnuchin denies quid pro quo

Paul Wiseman and Martin Crutsinger, Associated Press  |  Posted   May 22nd - 12:56pm

The United States and China are working toward an agreement that would ease U.S. sanctions that were imposed on ZTE Corp. and let the Chinese telecommunications giant stay in business.

Women look to make mark on male-dominated marijuana industry

Becky Bohrer, Associated Press  |  Posted   May 22nd - 12:52pm

When Danielle Schumacher attended her first convention of marijuana activists about 15 years ago, she could count on one hand all the women in a room of older men.

Michigan OKs tax incentives for Detroit projects, Amazon

David Eggert, Associated Press  |  Posted   May 22nd - 12:44pm

Michigan's economic development board awarded $618 million in tax incentives on Tuesday for a $2.1 billion development project in Detroit that includes a 58-story building on the site of the iconic former J.L. Hudson department store — the first use of new state tax breaks for "transformational" redevelopment work.

Facelift of Seattle's Space Needle nears completion

Ahmed Namatalla, Associated Press  |  Posted   May 22nd - 12:29pm

Tourism is booming in Seattle. Just take a look at the Space Needle.

Navarro clashes with State Department over UAE airline deal

Josh Lederman, Associated Press  |  Posted   May 22nd - 12:16pm

After striking a delicate deal with the United Arab Emirates this month on rules for airline competition, the Trump administration went to war with itself.

EPA blocks some media from summit, then reverses course

David Bauder, Associated Press  |  Posted   May 22nd - 12:10pm

The Environmental Protection Agency reversed course Tuesday and allowed a reporter for The Associated Press to cover a meeting on water contaminants after she was earlier grabbed by the shoulders and shoved out of the building by a security guard.

Federal board recommends seatbelts on all new school buses

Jonathan Mattise, Associated Press  |  Posted   May 22nd - 11:57am

A federal transportation panel is recommending to states that all new large school buses be equipped with seatbelts.

Oil company: Employees failed to report North Dakota spills

The Associated Press  |  Posted   May 22nd - 11:54am

Former employees of a Denver-based oil company operating in the Bakken oil patch failed to report five spills in northwest North Dakota dating back to October, according to the company.

For the first time in 226 years, woman to lead the NYSE

The Associated Press  |  Posted   May 22nd - 11:52am

The New York Stock Exchange for the first time in its 226-year history will be led by a woman.

Sweet for Necco: 3 new bidders emerge in wafer maker's sale

The Associated Press  |  Posted   May 22nd - 11:44am

Three new bidders have stepped in with offers to buy the bankrupt manufacturer of Necco Wafers, Sweethearts and other iconic candies.

Branson-owned health company to merge with its rival

The Associated Press  |  Posted   May 22nd - 11:33am

An employee well-being company owned by British billionaire Richard Branson says it will merge with its rival and make Providence the new corporate headquarters.

Vatican bank reports profit but says ethics more important

The Associated Press  |  Posted   May 22nd - 11:23am

The Vatican bank says it earned 31.9 million euros in profits last year, down from 36 million euros in 2016, as it works to pursue ethical investments even at the risk of losing money and clients.