Economy

Policy: Economy

Stocks edge higher on earnings gains; Apple up

04/24/14 04:15 PM

NEW YORK (AP) — Stocks are finishing slightly higher, led by the technology sector after Apple reported a big earnings gain. Apple also announced a stock split, a dividend increase and a larger share repurchase program. The stock gained 8 percent. Caterpillar also rose 2 percent after posting...
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Manufacturers see better times for economy, jobs

By JONATHAN FAHEY | 04/24/14 04:00 PM

NEW YORK (AP) — Companies are finally starting to spend some of the cash they've been sitting on, and that could mean a stronger economy and more jobs are on the way. Industrial companies such as General Electric, Honeywell and Caterpillar have been posting strong financial results in recent...
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Average US 30-year mortgage rate up to 4.33 pct

By JOSH BOAK | 04/24/14 11:15 AM

WASHINGTON (AP) — Average U.S. rates on fixed mortgages rose this week as the spring home-buying season has gotten off to a slow start. Mortgage buyer Freddie Mac said Thursday that the average rate for the 30-year loan rose to 4.33 percent from 4.27 percent last week. The average for the...
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