NEW YORK — The stock market isn’t the only place that’s been signaling jitters among investors. The $2.3 trillion market for risky U.S. corporate debt has also been under pressure.
Date: 08/13/2014 | Business
NEW YORK — U.S. stocks had their worst one-day drop since February as traders worried about weak corporate earnings and the looming end of economic stimulus from the Federal Reserve.
Date: 07/31/2014 | Business
Americans are holding more cash in their bank accounts than they have at any other point during the past two decades, a new study found.
Date: 07/20/2014 | Business
Los Angeles TimesWASHINGTON — Nearly two-thirds of voters say the stock market is rigged against them and a majority say Wall Street and big banks hurt average Americans, according to poll results released Thursday by a pro-regulation group.The survey...
Date: 07/18/2014 | Business
WASHINGTON — The fifth anniversary of the U.S. economic expansion will usher in a rare boon: growth exceeding 3 percent over a nine-month period, a Bloomberg survey of economists forecasts.
Date: 07/11/2014 | Business
NEW YORK — The Dow Jones industrial average topped 17,000 for the first time Thursday, the index's first big 1,000-point milestone this year, following news that hiring in the U.S. accelerated last month.The market rose from the start of trading after the government...
Date: 07/03/2014 | Business
The Dow Jones industrial average, an index of 30 U.S. blue-chip stocks, is the oldest barometer of the stock market. On Friday, it jumped above 17,000 for the first time in its 118-year history. What is it?The Dow is a group of 30 big...
Date: 07/03/2014 | Business
Lots of the questions I get from readers involve their friends, families and finances.Here are some topics that came up during my online chats from folks seeking advice about money situations close to home.
Retiring single has its privileges and challenges. There’s freedom, and there’s financial responsibility, which some people may find daunting. These sites help sort out the issues and answers.
Saving for retirement when you’re young is a prudent financial step.But a new report shows young investors who put those savings into a Roth individual retirement account are making the smartest moves.
HONG KONG — Australian shares led Asian stock markets modestly higher on Monday after a report showed Chinese manufacturing expanded for the first time this year, signaling that the No. 2 economy’s growth slowdown has bottomed out.
Date: 06/22/2014 | Business
Would you like to buy a Burrito Bond? Chilango, a fast-food Mexican chain in London, is selling a so-called "Burrito Bond" that has an 8-percent coupon over a four-year term. For investors that put in 10,000 pounds (about $16,800) or more, the bond also pays out a free...
Date: 06/13/2014 | Business
WASHINGTON — Rising stock markets and home prices helped lift U.S. household wealth to a record in the first three months of the year.The Federal Reserve said Thursday that household net worth increased $1.5 trillion in the first quarter to $81.8 trillion. The gain was...
Date: 06/06/2014 | Business
BEIJING — Asian markets were mostly higher Monday after a rebound in U.S. tech stocks pushed the Dow Jones industrial average to a record close.Oil rose to above $100 per barrel amid renewed anxiety over Ukraine.
Date: 05/11/2014 | Business
OMAHA, Neb. — Warren Buffett's failure to beat the stock market in four of the past five years has raised the issue of whether Berkshire Hathaway's 83-year-old CEO has lost his touch.
Date: 05/01/2014 | Business
There are more millionaires in the United States than ever before.The number of households with net worth of $1 million or more, excluding their homes, is at a record 9.63 million, according to a new report.
Date: 03/14/2014 | Nation & World
OMAHA, Neb. — Billionaire Warren Buffett is confident that Berkshire Hathaway will be a mainstay of the U.S. economy for the next 100 years, regardless of whether it sometimes underperforms bull market runs, like it did last year.
Date: 03/03/2014 | Business
BEIJING — Asian stocks tumbled Monday as tensions over Russia’s military advance into Ukraine and the impact of possible sanctions by Western governments intensified.Oil surged to near $104 per barrel on concern Russian supplies might be disrupted.
Date: 03/02/2014 | Business
NEW YORK — Stocks were unable to find any momentum on Tuesday.
Date: 02/25/2014 | Business
NEW YORK — The stock market ended higher Monday, but a late fade kept it from closing at an all-time high.The market marched broadly higher most of the day, helped by optimism about the economy and more corporate mergers, only to slowly lose momentum in the final half hour of trading.
Date: 02/24/2014 | Business
MANILA, Philippines — Asian stock markets mostly fell Monday after a slower increase in Chinese property prices added to jitters about the strength of the world’s No. 2 economy.
Date: 02/23/2014 | Business
NEW YORK — Coca-Cola is raising its quarterly dividend by 9 percent.The next dividend is payable April 1 to shareholders of record as of March 14. Coca-Cola said raising the dividend to 30.5 cents from 28 cents reflects the confidence it has in its long-term cash flow.
Date: 02/21/2014 | Business
PALO ALTO, Calif. — Tesla Motors’ stock is soaring after the electric car maker reported strong sales and improved profit margins for the fourth quarter.
Date: 02/20/2014 | Business
NEW YORK — Reassuring words from the new head of the Federal Reserve sent stocks soaring on Tuesday and gave the market its longest winning streak this year.
Date: 02/11/2014 | Business
WASHINGTON — Federal Reserve Chair Janet Yellen sought Tuesday to reassure investors that she will support the approach to interest-rate policy that her predecessor, Ben Bernanke, pursued before he stepped down as chairman last month.
Date: 02/11/2014 | Business
Investors went hunting for bargains a day after U.S. stocks racked up the biggest losses in more than seven months.The buying helped lift major stock indexes out of the red on Tuesday. Prices of U.S. government bonds fell.
Date: 02/04/2014 | Business
By Steve RothwellAssociated PressNEW YORK — Investors’ jitters over emerging markets faded on Tuesday and U.S. stocks rose for the first time in four days.
Date: 01/28/2014 | Business
SAN FRANCISCO — Intel plans to trim more than 5,000 jobs from its workforce this year in an effort to boost its earnings amid waning demand for its personal computer chips.
Date: 01/18/2014 | Business
The winter solstice marks the end of dark's dominion. Each day now brings more sunlight and the end of the calendar year promises a fresh start with the new.
Date: 12/27/2013 | Business
WASHINGTON -- The U.S. Supreme Court said Friday that it would decide whether employees who suffer big losses in retirement accounts can sue their company if it encouraged them to invest in the company's shaky stock.The justices will try to clarify who is legally responsible...
Date: 12/14/2013 | Nation & World
Bloomberg NewsNEW YORK - Facebook rose after an announcement that it will join the benchmark Standard & Poor's 500 Index next week, cementing the social-networking company's recovery from the turbulence that surrounded its initial public offering last year.
Date: 12/13/2013 | Business
NEW YORK -- Upbeat news from the housing industry and luxury retailer Tiffany & Co. nudged the stock market higher Tuesday.Investors also got another market milestone when the Nasdaq composite closed above the 4,000-point mark for the first time in 13 years.
Date: 11/26/2013 | Business
NEW YORK -- The stock market broke through two milestones Monday before giving up nearly all its gains late in the day.
Date: 11/18/2013 | Business
NEW YORK -- U.S. stock market indexes are hitting major round-number milestones. The Dow Jones industrial average crossed 16,000 for the first time early Monday. The Standard & Poor's 500 rose past 1,800, then dipped slightly.
Date: 11/18/2013 | Business
NEW YORK — Shares of Twitter went on sale to the public for the first time Thursday, instantly leaping more than 70 percent above their offering price in a dazzling debut that exceeded even Wall Street's lofty hopes.By the closing bell,...
Date: 11/07/2013 | Business
MANILA, Philippines -- Asian stocks rose Wednesday after the Dow Jones industrial average hit an all-time high on expectations the Federal Reserve will keep its economic stimulus fully in place until next year.
Date: 10/29/2013 | Business
NEW YORK -- The smallest stocks are rallying almost twice as fast as bigger companies in the United States, a bullish economic signal from businesses whose profits are most dependent on domestic demand.
Date: 10/29/2013 | Business
NEW YORK -- The Standard & Poor's 500 index eked out the smallest of gains to set a record high Monday as investors assessed third-quarter earnings news.
Date: 10/21/2013 | Business
NEW YORK -- Wall Street finally got the deal it's been waiting for.A last-minute agreement to keep the U.S. from defaulting on its debt and reopen the government sent the stock market soaring Wednesday, lifting the Standard & Poor's 500 index close to a record high.
Date: 10/17/2013 | Business
The stock market was whipsawed Tuesday as the on-again, off-again talk of a debt deal in Washington made investors wonder just how pessimistic they should be.
Date: 10/15/2013 | Business
BANGKOK -- Asian stock markets ebbed in holiday-thinned trade Monday as investors wait for a resolution to the U.S. budget deadlock.
Date: 10/13/2013 | Business
MUMBAI, India -- Asian markets have opened weak after heated political rhetoric from the U.S. raised worries that the partial shutdown of the American government could bring the world's largest economy close to defaulting on its debt.
Date: 10/06/2013 | Business
WASHINGTON -- Four years into an economic recovery in which most of the benefits have flowed to the top earners, a majority believes that the American Dream is becoming markedly more elusive, according to the results of a Washington Post-Miller Center poll exploring Americans' changing definition...
Date: 09/29/2013 | Nation & World
Guarding your 401(k) and other retirement money requires attention to details on your account statements and in the wider economy. Watch for missteps by your boss, and by the government.Missing money. Credit.com says payroll deductions for a...
Date: 09/29/2013 | Business
WASHINGTON -- U.S. household net worth jumped $1.3 trillion in the spring, fueled by gains in home and stock values.
Date: 09/26/2013 | Nation & World
The Dow Jones industrial average is dropping Bank of America, Hewlett-Packard and Alcoa, its three-lowest priced stocks, as part of a six-company shakeup of the most widely known barometer of the U.S. stock market.
Date: 09/11/2013 | Business
Stocks rose and oil prices fell on Tuesday as the risk that the U.S. would attack Syria appeared to fade.If the gains hold, the Dow would finish higher for the fifth of the last six trading days.
Date: 09/10/2013 | Business