09/09/14 04:15 PM
NEW YORK (AP) — U.S. stocks are ending lower for a second day in a row. Apple ended a volatile day little changed after announcing several new products including two iPhones and a smartwatch. The Dow Jones industrial average fell 97 points, or 0.6 percent, to 17,013 Tuesday. The Standard &...
09/05/14 04:45 PM
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Michael Kors Holdings Ltd., down $3.58 to $76.39 The apparel retailer said one of its principal founding stockholders is selling its remaining shares in...
09/04/14 11:31 PM
HONG KONG (AP) — Most major Asian stock benchmarks fell Friday as investors stayed on the sidelines before a key U.S. jobs report later in the day while Japanese stocks edged higher after the yen fell to a six-year low. KEEPING SCORE: Japan's benchmark Nikkei 225 index gained 0.2 percent to...
By Joseph Lawler | 09/04/14 12:06 PM
European Central Bank President Mario Draghi said the bank's governing council was "unanimous in its commitment to using additional unconventional instruments within its mandate" if they became necessary to prevent inflation from falling too low.
09/03/14 12:00 AM
SEOUL, South Korea (AP) — Asian stock markets rose Wednesday, lifted by new signs of strength in the U.S. economy and expectations that Europe's central bank will provide more support to the flagging region. KEEPING SCORE: Japan's Nikkei 225 rose 0.8 percent to 15,798.52 and Hong Kong's Hang...
By Joseph Lawler | 09/01/14 12:55 PM
For more than a year, a regulatory super-group has investigated whether MetLife poses a systemic risk to the financial system if it fails, the way that insurer AIG did in the 2008 crisis.
By Joseph Lawler | 08/27/14 01:12 PM
The Securities and Exchange Commission voted to adopt two rules intended to prevent weak or fraudulent loans from being bundled into securities and sold to investors, including an overhaul of the way that rating agencies work.
By Joseph Lawler | 08/26/14 04:16 PM
The S&P 500 index closed just above the symbolically significant number of 2,000 for the first time Tuesday, as stocks soared following positive economic reports. The Dow Jones Industrial Average also neared record highs.
By Joseph Lawler | 08/21/14 10:11 AM
The Department of Justice said that it would be the single largest settlement with a U.S. business in history. The agreement includes $9.65 billion in cash paid out to federal and state agencies, and nearly $7 billion in consumer relief to borrowers hurt by the mortgage crisis.
By Paul Bedard | 10/01/14
By Paul Bedard | 09/30/14
By Paul Bedard | 10/01/14
By Susan Crabtree | 09/30/14
By Becket Adams | 09/30/14