NEW YORK (AP) - Stocks are slipping as unease about Europe overshadows an encouraging report on unemployment claims and good results from big retailers including Wal-Mart Stores.
Stocks lower as Europe overshadows jobs data
- May 17 2012
- Associated Press
Facebook set to price initial public offering
- May 17 2012
- Associated Press
NEW YORK (AP) - Facebook's initial public offering could be one of the largest in history if its stock prices at the high end of its expected range on Thursday.
Wal-Mart's 1Q profit up 10.1 percent
- May 17 2012
- ANNE D'INNOCENZIO, AP Retail Writer
NEW YORK (AP) - Wal-Mart Stores Inc. is reporting a 10.1 percent increase in first-quarter profit as the world's largest retailer's re-emphasis on low prices continues to woo back bargain-hungry shoppers in an uncertain economy.
Fed: Several members could support further easing
- May 16 2012
- MARTIN CRUTSINGER, AP Economics Writer
WASHINGTON (AP) - Federal Reserve policymakers are open to further efforts to stimulate the U.S. economy if growth falters or threats escalate.
Facebook raises IPO price as offering nears
- May 15 2012
- Associated Press
NEW YORK (AP) - Facebook is raising the price at which it plans to sell stock to the public.
AP source: Top JPMorgan official expected to leave
- May 14 2012
- PALLAVI GOGOI, AP Business Writer
NEW YORK (AP) - A source tells The Associated Press that JPMorgan Chase is expected to accept the resignation of a high-ranking executive soon. The decision comes after one of the bank's trading groups lost $2 billion.
SEC chief says regulators "focused" on JPMorgan
- May 11 2012
- MARCY GORDON, AP Business Writer
WASHINGTON (AP) - The head of the Securities and Exchange Commission says the agency is focused on a surprise $2 billion trading loss by JPMorgan Chase.
Dow on its way to breaking six-day losing streak
- May 10 2012
- Associated Press
Stocks are up at midday, putting the Dow Jones industrial average on track to break a six-day losing streak.
US rate on 30-year mortgage hits record 3.83 pct.
- May 10 2012
- Associated Press
WASHINGTON (AP) - Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week, making home-buying and refinancing more affordable than ever for those who can qualify.
US applications for unemployment aid dip to 367K
- May 10 2012
- PAUL WISEMAN, AP Economics Writer
WASHINGTON (AP) - The number of people applying for U.S. unemployment benefits ticked down last week after dropping sharply the previous week, evidence that hiring could pick up this month.
US trade gap widens at fastest pace in 10 months
- May 10 2012
- MARTIN CRUTSINGER, AP Economics Writer
WASHINGTON (AP) - The U.S. trade deficit rose in March at the fastest rate in 10 months. A rise in consumer goods lifted imports to a record level, outpacing a solid gain in U.S. exports.
Bernanke says lending spigots are more open now
- May 10 2012
- Associated Press
NEW YORK (AP) - Federal Reserve Chairman Ben Bernanke says that many businesses and consumers are finding it easier to borrow as banks shore up their balance sheets.
Skier visits at US resorts fall in 2011-2012
- May 09 2012
- Associated Press
DENVER (AP) - A trade group says preliminary numbers show U.S. ski areas tallied an estimated 51 million skier and snowboarder visits this past season, which represents a roughly 15 percent drop from the previous season.
US employers posted 3.74 million March jobs
- May 08 2012
- MARTIN CRUTSINGER, AP Economics Writer
WASHINGTON (AP) - U.S. companies in March posted the highest number of job openings in nearly four years, a sign that hiring could strengthen in the coming months after slowing this spring.
Buffett backs TransCanada's proposed oil pipeline
- May 08 2012
- Associated Press
OMAHA, Neb. (AP) - Billionaire Warren Buffett supports building the Keystone XL pipeline that TransCanada wants to build to carry Canadian oil south across the Great Plains to connect to Gulf Coast refineries.













